Now more than ever it is critical to analyze the viability of your potential self-storage project. Record land values, escalating construction costs, demanding community boards, and dynamic market forces all make developing a sound self-storage project more challenging. To better understand your project's economic feasibility, utilize Trachte's interactive investment calculator. The calculator will help you answer the following questions:
- How much can I afford to pay for land?
- How much storage do I have to build to make money in my market?
- How much will the entire project cost?
- With my resources and parcel, is my project financially feasible?
Simply enter your best guesstimate on development costs, average rent in your market, and estimated square footage in the blue fields. To guide you, we’ve supplied helpful hints for each input field. Just hover your mouse over the cell for more details. Contact one of our knowledgeable regional managers for further guidance.