1. What is the population of the area you are looking to serve? Try to tailor your facility to the needs of your market.
    
2. How much storage space is currently available to your target market? Don’t be apprehensive if there is already storage available.  Look a little closer.  You might be looking at a potentially lucrative opportunity, if you’re able to partner with someone who has expertise in the self-storage industry.

 
When considering self-storage investing try to be aware, going in, of the amount of space your customers will need.  Also, try to do research to determine what percentage (if any) of your facility will need to be climate-controlled.  Off-site technology storage is having a dramatic impact on the need for climate-controlled facilities.  Gargoyle Steel Structures can serve as a powerful partner in providing just the right materials and expertise you are looking for. 
 

Finally, look at the storage facilities already available in your target market.  If none currently exists, this is a no-brainer – it’s time to build.  If there are storage facilities already in the market, check them out.  Are they providing adequate space?  Are the available facilities well built and up-to-date?  Are your potential customers satisfied with the facilities and services currently offered?  Successful self-storage investing will involve asking and answering all these questions.  Asking the right questions and coming up with the right answers are the keys to profitability.