One of the most anxiety-producing steps in self storage investing and development can be figuring out the right mix of unit sizes (and types) to build. There are so many factors that go into this decision from the size of your land, to your location, demographics, competition, budget, and more.
The most reliable means to determine the self storage demand for your facility is by engaging in a market feasibility study that will look at customer demographics and competitive landscape. These two elements are key when developing your self storage business plan and determining what types of self storage to build and what rates you can charge. See our latest blog on self storage site plans.
In today’s economy, Forge is seeing many of our customers adding in Pre-Engineered Metal Buildings (PEMBs) along with traditional storage. PEMBs provide incredible versatility, reduced construction time, and weather-resistant properties. They are especially well suited for storage facilities. See our blog, “Pre-Engineered Metal Buildings – An Investment Alternative.”
With PEMBs, the modular design provides a diverse amount of customizable design options. PEMBs can be designed with a variety of precise configurations to suit various needs within the same storage facility. Storage facilities, especially those that may include boat, RV, or vehicle storage often require wide open floor plans with a variety of custom, convenient entrances for larger inventory. With modular floor plans and versatile customization options inside and out, mixing PEMBs with Standard Self Storage is a perfect solution for any storage facility project.
Pre-engineered metal buildings help ensure the longevity and ease of maintenance of any storage facility due to their durability and resistance to harsh weather conditions, seismic activity, mold, and pests. The naturally resilient steel used to construct a pre-engineered metal building will never warp, rot, or attract pests like wood-eating insects. The galvanized steel framing system is also treated with a moisture-resistant coating, which makes it impervious to rust and corrosion. This coating is also applied to the wall panels and roofing, preserving their color and making them more resistant to weather, dirt, and other damage as well.
Many PEMBs are designed with energy efficiency in mind. These buildings can accommodate insulation, energy-efficient HVAC systems, and sustainable building practices, leading to reduced energy consumption and lower operating costs over the building’s lifespan.
With the components of the building pre-engineered off-site, storage facility construction time can be greatly reduced. While each component is manufactured according to precise factory regulations, your general contractor can carry out all the necessary steps to prepare the construction site. This may include demolition, laying the foundation, installing plumbing and other utilities, and more. Since these phases of the project can be completed simultaneously, the overall timeline of storage facility construction projects is reduced.
Because PEMBs are manufactured offsite, the manufacturing process reduces labor costs, material waste, and construction time, leading to overall lower project costs. With a reduced construction time, using a pre-engineered metal building for a storage facility construction project can also reduce the overall cost of the whole operation. Once the steel framing system has been manufactured and delivered to the construction site, PEMBs can be erected faster and more efficiently, dramatically reducing on-site labor costs.
With over 15+ years in the industry, Forge Building Company IS the Steel Building Expert. We have contributed to the success of over 500+ self-storage projects. The team at Forge is ready to provide insight and guidance as to “Best Building Practices” when it comes to developing or expanding facilities. Forge has a team of dedicated professionals committed to excellence in planning, design, engineering, construction, and project management.
Through strategic planning and prudent decision-making, Forge developers can navigate challenges and capitalize on opportunities to create successful self storage facilities that deliver value to investors, tenants, and the community alike.
When you choose Forge, you are choosing quality, reliability, and innovation every step of the way. With the company’s proven track record of delivering superior results, you can trust Forge Building Company to bring your vision to life with precision, efficiency, and unmatched expertise. Contact us today to discover how we can elevate your next project to new heights and success.
