Do-it-For You Market and Land Procurement: Sensei Finds Your Land within Six Months
Do-it-For You Market and Land Procurement: Sensei Finds Your Land within Six Months
Why do experienced and new developers alike hire Sensei to find land for their self-storage, boat and RV storage, storage condo, flex warehouse and industrial outdoor facilities?
Cost-Benefit Tradeoff: While hiring Sensei involves a hefty fee depending on the scope of your project, the savings in time, avoided errors, and potentially better deals often outweigh the upfront cost.
Expertise and Market Knowledge: Sensei can identify suitable parcels in strong markets and vet properties for hidden issues (e.g., environmental restrictions, zoning regulations, and land use policies) quickly.
Time Efficiency: Searching for land requires significant time to research, visit sites, and negotiate deals. Outsourcing the land identification and acquisition step can streamline this process, freeing you to focus on other aspects of your business, like planning or financing the facility.
If you’re inexperienced in real estate or unfamiliar with the storage development process, the complexity of finding suitable land makes hiring a professional particularly valuable. However, if you have expertise and time, doing it yourself could save on fees, provided you’re thorough in due diligence.
What’s Included:
Submarket and Parcel Identification: I’ll provide multiple options for you to choose from that have passed muster for the following criteria:
Acceptable zoning and land use regulations
Reasonable development requirements including fire requirements, buildable area restrictions and building design requirements
Manageable environmental regulations
Thumbs up from local engineer on parcel’s suitability for storage
Limited new facilities in the pipeline
Supply and demand drivers appear satisfactory
Contract negotiation for selected parcel
Full Feasibility Study with Site Visit to selected parcel
Imagine how much faster this goes when Sensei takes over this process for you!
Bonus #1: Customized Letter of Intent and Purchase Agreement documents
Bonus #2: Bi-Weekly Personal Consultations
Bonus #3: Project Specific Development Plan and Timeline - Sensei creates this for you so you can hit the ground running after purchasing your land.
Additional Details:
Time Limit: This package is valid for one year from the date of purchase.
Restrictions: Self-Storage Ninjas are not responsible for securing financing for the parcel. Please note, most conventional loans for raw land are 50% loan to value unless it is a hard money loan.
Service Fee: Based on the scope of the proposed storage facility and complexity of the desired target markets. Travel expenses are not included in the service fee, nor are any other fees such as earnest money deposits, legal fees, engineering fees, etc.
Schedule a call with Sensei today to learn more about this service and how she can help you with this crucial step in the development process.