Valuation Concepts

Educational articles that explain how owners and investors think about value, pricing, and comparable sales.

How Comparable Sales Reveal What Your Facility Is Really Worth

24 Mar 2026 3 min read Valuation Concepts

Comparable sales—or 'comps'—are the market's report card on what self-storage facilities actually sell for. Understanding how buyers and brokers use comps to anchor their valuations can help you set realistic expectations and negotiate from a more informed position.

What Is a Cap Rate and Why Does It Determine Your Facility's Value

23 Mar 2026 4 min read Valuation Concepts

Cap rates are the single most important number in self-storage valuation, yet many facility owners are fuzzy on exactly how they work.

Understanding NOI: The Number That Drives Self-Storage Valuation

23 Mar 2026 3 min read Valuation Concepts

Net operating income—NOI—is the financial heartbeat of your self-storage facility. It's the number buyers scrutinize most closely, the figure that determines your cap rate valuation, and the metric that separates facilities that command premium prices from those that don't.