Feasibility

When deciding whether to move forward with new self-storage development, you need a lot of information about the market in general and proposed site in particular. A feasibility study helps you determine whether a project is financially viable.

If you’re hoping to build a self-storage facility, you should first obtain a quality feasibility study of your desired location. When you’re about to spend millions of dollars, it’s a small price to pay to ensure success. Here’s what a quality...

Though it can be enticing to forego a feasibility study when you believe you’ve found the perfect property for self-storage development, skipping it can be a costly mistake. Learn how a study protects your interests and what some industry owners...

A feasibility study is a deep, complex, site-specific tool that helps determine the viability of a self-storage development project. Learn the essential who, what, where, when and why of this important study and how it aids owners and investors in...

In the past, doing the legwork to investigate a potential self-storage site was cumbersome. Fortunately, the emergence of industry data tools has significantly improved our ability to perform initial research on prospective projects. Here are some...

When requesting a self-storage feasibility study, it’s critical to ask the right questions up front, to better understand the reasoning behind the results. Don’t just ask “Yes or no?” Ask “Why or why not?”