Getting Your Property Zoned for a Self Storage Facility
So, you’ve got this piece of property or vacant building in a desirable area. Your sights are set on turning it into a self storage facility. That’s awesome! But wait, before you get too excited, there’s a crucial step you need to tackle first: zoning.
Zoning for self storage is an adventure in itself. To be clear, zoning laws split the land into different categories, including residential, commercial, industrial, recreational, and agricultural.
Before it became popular, self storage typically fell into the industrial category. Currently, however, people want self storage properties in locations that are convenient to their homes. This has changed how the zoning process works for self storage.
The Self Storage Investment: Why It’s Worth It
As you read through this article, you might be wondering if the zoning hassle is worth the effort. Investing in self storage can be a game-changer for your real estate portfolio. It’s a stable and lucrative investment that offers a steady income stream with relatively low operational costs.
Plus, self storage is historically recession-resistant, making it a resilient asset even in challenging economic times. When you consider the potential returns and long-term benefits, navigating the zoning requirements for a self storage facility is worth the effort.
Getting your property zoned for a self storage facility might seem like a daunting task. Nevertheless, with the right guidance, it’s achievable. Pinnacle Storage Properties has acquired over 40 properties and has been involved in all phases of self storage development. They have positioned themselves as industry leaders and understand the complexity of the zoning process. If you have self storage questions, Pinnacle Storage Properties has the answers.
What is Zoning?
Zoning is the way local governments regulate land use and development. In simple terms, it’s like a set of rules that determine what you can and can’t do with your property. When it comes to self storage, different areas have different zoning requirements for this type of facility. Some areas might have specific zones where self storage is permitted. Others might require a special use permit or a zoning variance.
Special Use Permit: This is an authorization that allows a piece of property to be used in a manner that differs from the normally accepted use. These types of permits create exceptions to zoning ordinances and regulations.
Zoning Variance: A zoning variance is an exception to local zoning laws that is granted on a case-by-case basis.
Navigating Self Storage Rezoning Requirements
Now that you have a basic understanding of zoning, let’s dive into the zoning requirements for self storage facilities. Each locality’s rules and regulations can cover a wide range of aspects. These include the size and height of the facility, parking, and traffic considerations. Additionally, landscaping and aesthetics as well as environmental impacts are considered.
Contact Your Municipality
Your municipality may request that you complete an application to start this process. After that, you’ll be able to schedule your first meeting and collect appropriate documentation.
After you’ve submitted your rezoning application, the planning staff will set up your first meeting. You’ll learn about the local zoning process and any potential challenges you may be facing. After this meeting, you’ll be able to determine what will work best for your site plan.
After the initial meeting, it’s time to create your property development plan in preparation for a formal hearing. Depending on your plan, your team members may include a land planner, an architect, a civil engineer, and an attorney.
The neighborhood meeting is a place where residents and other area businesses can voice their concerns. Issues that may arise include property value, traffic, and crime. Clearly and accurately explaining how your business will serve the community will help put these concerns to rest.
The formal hearing is your final step. This is where you will present your final development plan. You should be prepared to answer questions and address concerns professionally. If you create a strong, detailed case you’ll increase your chances of obtaining zoning approval.
Understanding the self storage zoning process, requirements, and the potential as an investment is key to making informed decisions. Roll up your sleeves, do your homework, and get ready to turn that property into a thriving self storage facility.