Cost To Build Climate Controlled Storage Units

Keep in mind that the average prices above include both climate controlled and units without climate control.

Cost to build climate controlled storage units.

He s been helping others in the industry for more than 25 years. Climate controlled storage may cost an additional 50 per month. A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average. You need 3 to 4 acres for 60 000 square feet and 4 to 5 acres for 80 000 square feet and so on.

Special 3 45x168x16 single slope rv storage. Climate controlled self storage 6 cost to build self. A facility of 40 000 square feet requires a land parcel size of 2 to 3 acres. Most of which are not part of the self storage equation.

Climate control demands higher rents and can justify increased construction costs. A building measuring 25 x 130 x 8 5 that contains 12 units measuring 10 x 15 12 units measuring 10 x 10 and five measuring 5 x 10 averages around 42 000. It seems like a simple question but once you delve a little deeper you will find that there are a lot of variables that make that question hard to give an easy answer to. Climate controlled units keep temperatures from dropping below 55 degrees or rising to more than 80 degrees and while they cost more to build and operate they can attract more customers.

The cost of construction will also depend on the unit s amenities such as if the unit is climate controlled. On the surface the self storage business and what it will cost to build storage units looks so simple. Marc goodin is president of storage authority franchising and the owner of three self storage facilities that he personally designed built and manages. To meet today s demand for climate controlled self storage many multi property owners are building nearly 100 percent climate controlled properties.

Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc. Below are the various variables you should keep in mind. Climate controlled units are generally about 30 to 50 percent more expensive than units without climate control. For example the cost to fill a 10 10 self storage unit will typically cost 80 to 160 per month.

Wanting to know what it costs to build self storage facilities is often the first question a new investor asks. The cost to build storage units starts with land costs and parcel sizes. With rising land costs some self storage building owners are adding up 12 floors.