On parcels of land where it is expected that another development may eventually be built, or on leased land, Micros can offer a temporary revenue stream that can be relocated in the future. Penn Self Storage is an example of an entirely Micro based site placed on a gravel lot.
The advantages of using Micros for storage can include lower real estate taxes (they are not a taxable improvement in most areas), a rapid depreciation schedule, and the ability to place them where a building might not otherwise be allowed.
Disadvantages of micros compared to buildings are that they are less flexible in unit size; and with their step up height, they are not suitable for vehicle storage. In the long term, traditional buildings will generally provide a better investment option, as a fixed building site will enjoy greater appreciation over time.
