Why Your Own Backyard is the Goldmine for Self-Storage Development

Why Your Own Backyard is the Goldmine for Self-Storage Development

Why Your Own Backyard Is the Best Place to Build a Self-Storage Facility

When you're thinking about building your first self-storage facility, it’s tempting to dream big and look far and wide for the “perfect” location. But here’s a little secret: the best spot might already be closer than you think.

We’re talking about building within an hour or two of your home—your own backyard. There’s a lot of wisdom in keeping your first self-storage development local, and here’s why it’s not just practical but also the smartest move you can make as a new investor and developer.

1. You Know the Area (and That’s a Big Deal)

Nobody knows your hometown—or the areas around it—better than you. You’ve already got an insider’s perspective on the community, the growth trends, and what people need.

  • You get it: You know which neighborhoods are booming, where new housing developments are popping up, and which areas people trust (and avoid).
  • Built-in market knowledge: Whether you live in a suburb, a small town, or near a college campus, you’ve probably already noticed who could use storage: growing families, renters, students, or even local businesses.

Plus, being local makes it easier to spot good land deals. You’ll have the scoop on who’s selling, what’s zoned for what, and which parcels of land could be a goldmine with a little effort.

2. Building Close to Home Makes Life Easier

Let’s be real: developing a self-storage facility isn’t a “set it and forget it” project. It takes effort, especially in the beginning.

  • Easier land hunting: When you’re looking for land near home, it’s easier to network with brokers, drive by properties, and meet with city officials. You’re not just some out-of-towner—they know you’re invested in the area.
  • Quick access: If something goes sideways during construction (because let’s face it, things always do), you can be on-site in no time. That’s a game-changer when you’re managing timelines and budgets.

3. Managing the Facility? No Problem.

Once your facility is up and running, you’ll find that being nearby is a huge advantage. You can check in regularly, solve problems faster, and make sure everything runs like clockwork.

  • Hands-on oversight: A lot of first-time owners like to be involved in the day-to-day operations at first. When you’re close, it’s easy to keep an eye on things without needing to book flights or drive for hours.
  • Better customer relationships: Tenants often love knowing the owner is local. It builds trust, and trust builds business.

And here’s a bonus: you’ll save a ton of money on travel and time compared to managing a facility states away.

4. The Development Process Is Smoother

Building a self-storage facility isn’t just about picking the right land—it’s also about working with cities, contractors, and other local players.

  • You can show up: Need to attend a zoning hearing or meet with the planning department? No problem when it’s just a quick drive away.
  • Local resources: From contractors to landscapers, you already have connections—or can easily make them—in your area. This helps keep your project moving forward without unnecessary delays.

5. You Can Leverage Your Local Reputation

Here’s a huge perk: when you build in your own backyard, you’re not just another developer. You’re the local developer.

  • Community goodwill: People are more likely to support a facility owned by someone who lives and works in the area.
  • Easier marketing: Word-of-mouth travels fast when you’re local. Add that to a targeted online presence, and you’ll have a head start on attracting customers even before you open your doors.

6. Less Stress, More Profit Potential

Here’s the truth: staying close to home removes a lot of the stress that can come with building a self-storage facility.

  • Lower costs: No expensive travel to check on your site or deal with issues. No scrambling to find local help when you’re unfamiliar with the area.
  • Faster response times: Whether it’s fixing a broken gate or handling an issue with a tenant, being local means you’re always in control.

Most importantly, you’ll see better profitability. Why? Because you’re not spending time and money managing your facility from a distance. You’re right there to make sure things run smoothly, which is a big advantage over absentee owners.

Start Where You Are

Building a self-storage facility is an exciting venture, and it doesn’t have to feel overwhelming. By starting in your own backyard, you’re setting yourself up for success in ways that just aren’t possible when you’re far away.

You’ll know the market, build relationships faster, and manage your facility with ease—all while staying close to home. So, before you look across the country, take a closer look around you. Your next big opportunity might already be waiting right where you are.

Kevin Harless

Transforming Real Estate into Profitable Self-Storage Ventures

3w

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