Self-Storage Climate vs. Drive-Up Unit Mix Solver

Underwrite multi-story climate-controlled storage conversion versus single-story exterior drive-up units to maximize effective rent per square foot and commercial property valuation.

Net Rentable Sq Ft & Unit Mix

Total Net Rentable Storage Area (Sq Ft)

Climate-Controlled Space Proportion (% - e.g. 60%)

Market Exit Cap Rate (% - e.g. 5.85%)

Annual NOI & Facility Valuation

Blended Rent Realized Per Square Foot

$1.61 / sq ft / month

Net Operating Income (NOI - 28% Opex)

+$904,032 / yr NOI

Stabilized Commercial Property Valuation

$15,453,538 Asset Value