However, we have probably about an acre and a half in the back that I think would be perfect to develop into a storage unit space (easy access for any size vehicle, etc etc.).

One way is to increase the rental income on the building as well as think about other streams of income from the property, perhaps there's parking or storage you can rent to their neighbors who would need it?

RV, Boat, Truck, or Storage business owners out there!

Or to self storage

RV park, self storage, other? 

Private storage locker adjacent to residence.

The next one I’m looking at is either self storage or smaller mulifamily 10-50 unit value add fund.

Hi All, I have a few large garages attached to a small apartment building which are allowed for storage uses.

Best used for storage

In a state that a lender can get a deficiancy judgement if the deal goes through foreclosure the client can get their credit trashed and end up with a big fat judgement against them.. ( state specific).the reason your probably getting buyers that want to do this is because of all the online notoriety currently like Pace Morby who is huge in the space and the legions of students and followers and then to a lesser extent there is BP's own Sub to Guys..