Basis Property GroupFull component index ↗

Inside a self-storage facility

See what gets built, what gets installed, and how a study classifies each asset.

Preparing your storage facilityThe complete model loads before the walkthrough begins.
0:00 / 1:34
Empty siteBuild & classifyYear-one totals
Preparing the model and materials…

That was a hypothetical self-storage facility. Yours has its own purchase price and land split.

See the first-year deduction range a study would look for on your building.

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Edit the dollar example & see the assumptions

This is an illustrative $2.2 million, 72-unit drive-up self-storage facility, not a study of any real property. Change the numbers to explore proportional allocations; a study determines actual asset costs.

Full example assumptions and allocation table

See the rendered stills
Three rows of roof-open storage units with permanent dividing walls and wide drive aisles.
The storage units with the roofs open
Roof-open leasing office with a desk, seating and a partitioned back room, beside the yard fence.
The leasing office with its roof open
The Tamarrow Storage masonry sign and perimeter fence in front of three rows of storage units with dark green and rust-colored doors.
The gated entrance and unit doors

Blender renders of the same model the walkthrough uses.

Tamarrow Storage: every component and its recovery period

The purchaser owns and operates a drive-up self-storage rental facility with 72 units and a small leasing office. The tables below list every component this walkthrough builds, the recovery period it is assigned in this illustration, and its illustrative allocation.

illustrative scenario. A real study's allocation comes from the specific property's own records.

By recovery period

Recovery periodComponentsIllustrative amountBonus-eligible here
5-year1$18,000yes
7-year2$22,000yes
15-year8$540,000yes
39-year (building)13$1,170,000no
Total allocated to depreciable property24$1,750,000

Component by component

ComponentRecovery periodIllustrative amount
Office computers and networkThe administrative computers, printer and network use the 5-year information-systems class in this example.5-year$18,000
Office furnitureThe leasing desks, waiting chairs and files use the 7-year office-furniture class in this example.7-year$14,000
Moving carts and dolliesThe removable carts and dollies use the conservative 7-year default equipment class in this example.7-year$8,000
Storage aisles and pavingThe separate drive aisles and loading pavement are 15-year land improvements in this example.15-year$300,000
Perimeter fence and gateThe independent perimeter fence, sliding yard gate and its operator are 15-year land improvements in this example.15-year$65,000
Site drainage and swaleThe independent site drainage and planted stormwater swale are 15-year land improvements in this example.15-year$60,000
Customer parkingThe office parking bays and painted markings are 15-year land improvements in this example.15-year$35,000
Planted landscape bedsThe installed beds and shrubs are 15-year land improvements in this example.15-year$25,000
Site walks and curbsThe detached sidewalks and site curbs are 15-year land improvements in this example.15-year$20,000
Site light polesThe independent yard and parking light poles are 15-year land improvements in this example.15-year$20,000
Ground-mounted entry signThe permanent ground-mounted masonry entry sign is a 15-year land improvement in this example.15-year$15,000
Storage walls and framingThe permanent storage enclosure and load-bearing framing remain with the 39-year buildings in this example.39-year$330,000
Foundations and slabsThe concrete foundations and structural slabs remain with the 39-year buildings in this example.39-year$240,000
Permanent unit partitionsThe permanent walls separating leased storage units remain with the 39-year buildings in this example.39-year$150,000
Storage doors and hardwareThe permanent roll-up doors, tracks and locks remain with the 39-year buildings in this example.39-year$110,000
Roofs and overhead framingThe overhead trusses, metal roofs and high eave trim remain with the 39-year buildings in this example.39-year$97,000
Office walls and windowsThe leasing office enclosure, windows and attached entry canopy remain with the 39-year building in this example.39-year$75,000
General power and lightingThe general building power distribution and ordinary lights remain with the 39-year buildings in this example.39-year$45,000
Office partitions and floorThe fixed office partitions, doors and permanent flooring remain with the 39-year building in this example.39-year$30,000
Permanent storage floorsThe sealed concrete storage floors remain with the 39-year buildings in this example.39-year$25,000
Building security systemThe cameras, recorder and alarms protect the leased buildings and their contents and use the 39-year building schedule in this example.39-year$25,000
Office heating and coolingThe comfort heating, cooling and ventilation remain with the 39-year building in this example.39-year$18,000
Restroom and plumbingThe restroom fixtures and ordinary domestic plumbing remain with the 39-year building in this example.39-year$15,000
Fixed office cabinetsThe attached staff cabinets, counter and sink remain with the 39-year building in this example.39-year$10,000

Sources