At $1.25 per gross square foot and assuming 40 percent coverage, net cost for land is $3.13 per rentable foot of building. in many markets, land use is maximized by developing multi-story self-storage with two-stories and even three- and four-story facilities.. Price to build will vary but assuming you have just raw land to build on with no utilities in place you are looking at right around $30-35 per square all in. this would include a small office and non-climate controlled storage units with all the basic ammenities like security, proper signage, etc.. Amsdell estimates the cost of building a modern, single-story self-storage property at $32 to $42 per square foot, while a multistory project generally costs $45 to $65 per square foot. amsdell operates facilities under the compass self storage brand..
Want to know the cost to build storage units? here's a look at setting up a self-storage business model to ensure the best return on your investment. average rent per square foot, and that will give you your total potential income. 9 million square feet of self storage built $225m. over $225 million in completed projects 300+ over 300. If you want a multi-story building, costs will be around $42 to $70 per square foot. mako steel estimates the most high-end self storage facilities have somewhere between 60,000 and 80,000 rentable square feet, and costs $45 to $65 on construction per square foot.. Generally speaking the mini storage packages, erected and foundations should cost together, around $18.00 to $25.00 a square foot or less for general square foot cost figuring for banking and budget purposes..
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