
IN: Feasibility Studies, Consultant – Location & Development, Auto, Boat & RV Storage, Acquisitions & Development, Flex Space Feasibilities
CuttingEdge Development
At Cutting Edge Self Storage Development, we are passionate about helping potential owners of self storage facilities. Our team specializes in feasibility studies, site identification and site setup, providing expert advice to ensure your self storage business is set up for success.
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(866) 970-3343
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srosscuttingedge@gmail.com
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496 W Clover View
Murray, UT 84123
The self storage industry has been ranked as providing one of
the best returns in all of commercial real estate.
Publications such as the Wall Street Journal and INC Magazine have consistently ranked
self storage as one of the best industries in the country.
self storage as one of the best industries in the country.
At Cutting Edge Self Storage Development, we are passionate about helping potential owners of self storage facilities. Our team specializes in feasibility studies, site identification and site setup, providing expert advice to ensure your self storage business is set up for success.
Remember, before you invest in the self storage, that the self storage industry is an industry unto itself. The self storage industry is not the hospitality industry, office space industry, medical supply industry, or the restaurant industry. The self storage industry has its own laws, verbiage, nuances, financial planning, and operational standards. Do not try to “go at it alone” or “learn on the fly”. This never works and only provides the possibility of damaging your self storage investment.
Cutting Edge has performed many feasibility studies throughout the United States and Canada. Let us help you with yours next!
A self storage feasibility study is a market specific study that gives a professional opinion on the “feasibility” of adding additional self storage space in a given market.
A self storage feasibility study will answer the following questions:
- What is the competition I will be faced with in my market?
- What type of demand is there in the market and surrounding communities?
- Should I consider climate controlled units?
- What type of security/amenities should I consider offering?
- How should I price my units?
- What are the demographic trends?
- How long will it take me to lease up my property?
- Will the property meet my investment objectives?
- Am I prepared to deal with the marketing and property management challenges?
- What is an estimate of the construction costs?
At Cutting Edge Development, we believe every vision deserves the perfect space. That's why our feasibility studies cover a wide range of facilities to fit your unique project.
Whether you're considering a standard self storage facility, a climate-controlled environment, a multi-story facility, or a flex space setup, we've got you covered. We even dive into more niche concepts like boat and RV storage, and those creative spaces – she-sheds, man caves, etc. – that bring a personal touch to storage solutions.