By Garrett Byrd
It can be painstaking trying to find land without proper guidance. It takes the right team, along with consistent and persistent action to find land to develop your self-storage.
For every potential Storage Authority Franchise owner who said I love your model but want to find land first on my own.
0% Succuss with them returning with land and here is why:
1.)Limited availability: Self-storage facilities require a significant amount of land, which can be hard to find in densely populated areas or in regions where real estate is expensive. Additionally, there may be zoning or other regulations that limit where self-storage facilities can be built, further reducing the number of available sites.
2.)Competition: As the self-storage industry has grown in popularity, more developers have entered the market, leading to increased competition for available sites. This can drive up land and construction costs, making it even harder to find a profitable location.
3.) Market demand: Developers need to carefully consider the local market demand for self-storage when selecting a site. If there is already an oversupply of facilities in the area, a new development may not be financially viable.
4.) Site characteristics: Self-storage sites need to meet specific criteria to be suitable for development, such as appropriate zoning, access to utilities, and sufficient traffic flow. Some sites may not meet these requirements, making them unsuitable for development.
5.) Due diligence: Before selecting a site, developers need to conduct thorough due diligence to assess the feasibility of the project. This can include analyzing local market conditions, assessing the competition, and conducting a cost-benefit analysis. This process can take time and resources, further adding to the challenge of finding a suitable site.
Finding a suitable self-storage site requires a combination of research, due diligence, and a bit of luck. You need to be patient and persistent in your search to find the right location for their project
How does Storage Authority help with this process of land guidance?
The Storage Authority franchise model offers several advantages when it comes to finding land for self-storage development. Our proprietary "Dynamic Ease Development Series" provides franchisees with a step-by-step process that helps them navigate through the complex maze of self-storage development, from finding the right parcel of land to pre-opening marketing preparations.
One of the advantages of using the Storage Authority franchise model to find land is our expertise and guidance.
We help franchisees understand and take into consideration various factors, such as shape, wetlands, easements, slopes, deed restrictions, available utilities, endangered species, competition, access, traffic, street view, neighborhood, due diligence, option times, banking, permitted lot coverage, required buffers, and setbacks. By doing so, we help franchisees avoid costly landmines and delays that could turn a great parcel of land into a disaster.
Once our Storage Authority Franchise owners sign in we hit the ground running with our onboarding Zoom meetings.
Storage Authority Getting Started Finding Land Kick-Off Zooms
Zoom 1 Land Requirements
Zoom 2 Self Storage Demand & Radius/StorTrack Apps.
Zoom 3 Short Cuts to Finding Land Faster
Zoom 4 Meet Josh & the SA Cloud Command Center
Zoom 5 The Secret Sauce with Marc Goodin
If you would like to learn more and start your journey to self-storage ownership click the link here: http://www.storageauthorityfranchise.com/opportunity2
Storage Authority Franchising is about owning your own hometown self-storage business and having the professional systems and knowledge to assist and guide you. We like to say You are in business for yourself but not by yourself. If you are thinking about self-storage you owe it to yourself to contact Garrett Byrd at Direct: 941-928-1354 or Garrett@StorageAuthority.com to learn more about the Storage Authority Franchise opportunity.
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