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Updated 3 months ago on .

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Mike Regan
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I built an automated self-storage feasibility tool — looking for feedback

Mike Regan
Posted

Hey everyone,

I've been working in self-storage technology for several years and noticed something that always bugged me: feasibility studies cost $5,000-$10,000 and take weeks to deliver.

Most of the data in those reports comes from public sources — Census demographics, Google Maps for competitor locations, publicly available pricing. The consultant adds market knowledge and a financial model, but the data gathering is largely automatable.

So I built a tool that does it: enter a US address, get a full feasibility report in about 60 seconds for $299.

What it covers:

• Demographics analysis (population, income, growth — 1, 3, and 5-mile radius)

• Competition mapping (every facility nearby with pricing and estimated occupancy)

• Financial projections (5-year pro forma, cap rate, cash-on-cash, IRR)

• Risk assessment and a site score

Here's a sample report so you can see exactly what you'd get: selfstoragescore.com/sample-report.html

It's not a replacement for boots-on-the-ground due diligence. But it gets you 80% of the way there for initial screening, so you're not spending $8k to find out a site is a non-starter.

Looking for honest feedback from people who actually evaluate storage sites. What would make this useful for your process? What's missing?

Site: selfstoragescore.com