By Barry Sherman
As the popularity of recreational vehicles, boats and sports cars continues to rise, so does the demand for Big Box storage units. These expansive spaces, designed to accommodate 
large items, are becoming increasingly essential for protecting high-value assets. With sizes reaching up to 1,000 square feet, Big Box storage units offer ample space for storing RVs, boats, ATVs and other large toys.
What Are Big Box Storage Units?
Big Box storage units are typically large bay spaces featuring roll-up garage doors for easy access. Many also include walk-in doors for added convenience. Their generous size makes them ideal for accommodating large recreational equipment, ensuring these valuable items are stored safely and securely.
Recent Project Spotlight
In a recent project, we collaborated on an onsite facility that featured an impressive array of Big Box storage units. The facility included:
- 17 units measuring 20 x 50 feet
- 38 units measuring 20 x 40 feet
- 32 units measuring 15 x 40 feet
This diverse range of unit sizes was designed to meet the varying needs of clients, offering ample space for everything from large RVs to smaller sports cars.
Anticipated Trends in 2025
Despite economic fluctuations in 2023-2024, the demand for toy storage has continued to grow. This trend is largely driven by a shift among Americans towards local leisure travel options, such as RVing and boating, which have become more attractive during economic downturns. The boat and RV storage industry is experiencing several key developments as we move into 2025:
- Increasing Institutional Presence: Larger institutional players are entering the boat and RV storage market, driven by favorable investment conditions. This shift is expected to significantly impact the sector.
- Positive Financial Outlook: The financial performance of boat and RV storage properties remains robust, with continued strong sales and growth. In 2022, the sector saw $556.1 million in sales, reflecting a 46.4% year-over-year increase. Source: Yardi Breeze
- Escalating Property Prices: Rising property prices for storage properties are anticipated to continue. In 2022, the average price per acre reached $661,000, marking a 53.6% increase from the previous year.
- Demographic Shifts: The boat and RV ownership demographic is diversifying, with younger enthusiasts, including Millennials and Gen Z, increasingly participating in these recreational activities. The RV industry, in particular, has seen a 62% increase in ownership over the last two decades.
S3 Partners’ Advice for 2025
For those considering the development of RV and boat storage properties, it’s important to navigate the current market conditions thoughtfully. Although the toy storage development landscape is in a “soft-pause” due to rising interest rates, strategic and well-planned investments remain valuable. A rebound is anticipated as interest rates stabilize and consumer confidence returns, promising renewed profitability in the sector.
As we step into 2025, the boat and RV storage industry is set for continued growth and transformation. By staying informed about these trends and planning strategically, industry players can position themselves for success in this evolving market.
For more insights and guidance on developing Big Box storage facilities, contact us at S3 Partners. Let’s navigate the future of storage together and ensure your investments are well-positioned for success.
Barry Sherman is the Partner/Principle at S3 Partners. S3 Partners has more than 25 years of diversified experience in managing storage facility design, engineering, and construction, earning distinction as a trusted leader in the industry. S3 specializes in custom solutions tailored to each client’s unique needs, offering expertise in constructing new facilities or expanding existing businesses to accommodate RVs, boats and other recreational toys. S3 offers comprehensive consulting and management services, including site selection, due diligence, entitlements, project management, budgeting, proforma assistance, signage and branding. With a focus on mitigating potential pitfalls and maintaining budgets, S3 Partners ensures that projects progress smoothly and successfully. Learn more at S3 Partners.
