When it comes to self-storage construction, there’s no such thing as “one size fits all,” and determining cost is a complex art. Every project comes with its own unique challenges and features, and there’s a lot to consider, from permits and reports to land surveys and grading to change orders and various fees. Then there are all the optional upgrades to things like signage, security, landscaping and much more. It can be extremely difficult to nail down an estimate. Still, there are some general, rule-of-thumb numbers you can use as a guide during the initial planning stages.
In this thread on Self-Storage Talk, the industry’s largest online community, new and experienced builders are discussing the price tag for new storage. Jump into their debate over the average cost per square foot and read first-hand insight from their own projects. Are you doing any developing this year? What advice or experiences can you share?