What Impacts Mini Storage Facility Profitability?
If you’re looking to open a 1-acre mini storage business that features 10’x15’ storage units a common and mid-range storage unit size), you can reasonably expect to fit around 100 storage units on your land parcel. If you opt for larger or smaller units, this number would adjust accordingly.
An acre covers about 43,560 square feet of land. Keep in mind that not all of that land will have storage units on it. You’ll need to designate some of it for parking and driveways. You’ll also need to leave space for stormwater runoff and retention, and many self-storage entrepreneurs vastly underestimate how much space they’ll need for this purpose.