Help Finding a Viable Project

No matter what the barrier might be that is keeping you from taking the next step toward developing your storage facility - time, expertise, data or confidence - Sensei is here to help you overcome it and find the right submarket or parcel of land.

 
 
reverse feasibility studies for self-storage, boat and RV storage, storage condo, flex warehouse facility or industrial outdoor facility

Reverse Feasibility Study

Self-storage, boat and RV storage, storage condo, contractor yard, or flex warehouse

Reverse self-storage, boat and RV storage, storage condo, contractor yard or flex warehouse feasibility study

A Reverse Analysis identifies a specific submarket for you to look for land in. A Reverse Analysis for boat and RV storage, flex warehouse or contractor yards will give a wider range - I will generation recommend you look for land in up to a ten-mile radius - and a self-storage or storage condo Reverse Analysis will produce a range usually from two to five miles to search for a parcel depending on the market. Sensei works with your parameters to identify the most viable market to met and validate your goals.

Fee Options and Turnaround:

Each Reverse Study is $4,400 per location and takes about two weeks to complete. $3,900 of this fee is then applied to the cost of a Full Feasibility Analysis. Because i may discard multiple locations while completing this study before settling on one, it takes longer than an Initial Study and also includes all of the information that would be in an Initial Study.

Most developers choose to identify multiple areas, so they have more options in the short or long term. I do offer a price break of $17,600 for five submarkets (which seems arbitrary but is not because many people like to have five locations to be looking at - this dramatically speeds up your process). Completing five submarket Reverse Studies takes about a month.

$4,400.00
Reverse Study with 5 Submarkets
$17,600.00
 
land for self-storage, boat and RV storage, storage condo, flex warehouse facility or industrial outdoor facility development

Do-it-Together Market and Land Identification

Do-it-Together Market and Land Identification Package: Get Land Under Contract in Six Months

Sensei offers this service to help you with the process of evaluating land for your next development project with our Market and Land Identification Package. This service is designed to help you secure the right parcel for your self-storage, boat and RV storage, storage condo, flex warehouse facility or industrial outdoor facility within six months.

What’s Included:

  • Submarket Guidance: I’ll provide expert advice on what to look for in a submarket to target the best areas for your project.

  • Parcel Identification: You’ll identify up to 20 parcels that fit your criteria.

  • Expert Review: I’ll review your selected parcels, including:

    • Verification of zoning and acceptable land use regulations

    • Research development requirements including fire requirements, buildable area restrictions and building design requirements

    • Research environmental regulations to consider

    • Investigation of any new facilities in the pipeline

    • Initial analysis of supply and demand, plus a pros and cons comparison (at a preliminary report level, a feasibility report on the selected parcel will still be required for final verification and is not included in this service)

Bonus #1: Letter of Intent and Purchase Agreement Templates to simplify negotiations.

Bonus #2: Two Personal Consultations to address your specific needs.

Bonus #3: Due Diligence Checklist to ensure you cover all bases.

Additional Details:

Time Limit: This package is valid for one year from the date of purchase.

Note: Feasibility studies are not included.

This service is designed for developers who have the time to identify multiple parcels of land that may be suitable for a self-storage, boat and RV storage, storage condo, flex warehouse facility or industrial outdoor facility BUT do not have time or expertise to evauate the multiple property traits to make the right selection.

Get started today and secure your land quickly!

$9,500.00
 
ideal land for self-storage, boat and RV storage, storage condo, flex warehouse and industrial outdoor facilities

Do-it-For You

Land Identification and Securing

Do-it-For You Market and Land Identification and Securing Package: Get Land Under Contract in 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?

  1. 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.

  2. 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.

  3. 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.

$50,000 - $200,000