CENTURY 21 Republic helps investors buy, sell, and evaluate self-storage facilities across Pearland, Houston, and the surrounding area, from established facilities to conversion and development sites.
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Properties we work with
- Drive-up and climate-controlled facilities
- Boat and RV storage
- Conversion opportunities from retail or industrial buildings
- Development sites zoned or suitable for storage
What we analyze
- Occupancy and rents: physical and economic occupancy, street rates versus in-place rents, and recent move-in specials.
- Unit mix: climate-controlled versus drive-up, unit sizes, and how they match local demand.
- Competition and supply: nearby facilities, new projects under construction, and rentable square feet per person in the trade area.
- Operations: management, revenue management, ancillary income such as insurance and retail, and expense ratios.
- Physical condition: roofs, doors, paving, security systems, and expansion land.
How we evaluate a deal
Broker and co-owner Jose Torres holds an MBA and a Master of Finance from Tulane University and has more than 25 years of experience managing finance, real estate, and projects. We help you look at both the possibilities and the numbers before you buy, sell, or sign a lease.
What investors can expect
| Benchmark | National figure |
|---|---|
| Average cap rate | 6.59% (2026) |
| Vacancy | Forecast to fall to 10% by year-end 2026 |
| New supply | Inventory growth of 2.2% in 2026, the smallest since 2016 |
| Average asking rent | About $1.18 per sq. ft., projected down 0.8% in 2026 |
| Advertised rates | Down 1.9% year over year (August 2026) |
New construction is slowing, which should help occupancy. Asking rents are still soft, so buyers are focused on in-place income and operations rather than on rent growth.
Sources: Marcus & Millichap U.S. Self-Storage Outlook 2026 (September 2026); advertised rates from Yardi Matrix. These are market benchmarks, not an appraisal of any property.
Frequently asked questions
How are self-storage facilities valued?
Mostly on net operating income and the cap rate buyers expect for similar facilities. Upside from below-market rents, vacant units, or expansion land can add value.
Is climate-controlled storage worth more?
It usually rents for more per square foot, but it also costs more to build and operate. The right mix depends on local demand and competition.
Talk to us about self-storage
Call 832-615-6742 or email info@c21republic.com. Back to commercial real estate →
