Most self-storage owners are overpaying their property taxes by double digits and they don’t know it. County assessors across the United States routinely value self-storage facilities using replacement cost models and income multipliers borrowed from retail or multifamily assets. The result is a structural gap between what the assessor thinks your facility is worth and what it produces, a gap that compounds silently into your tax bill every year while you focus on occupancy, street rates, and operations.
VIII-2026: The Hidden Tax Burden on Self-Storage
