StorageAuctions
StorageAuctions.com is an online marketplace connecting storage facility operators with individual buyers for storage unit auctions. Founded 2014, the platform has facilitated 100,000+ auctions across all 50 U.S. states and operates as a subsidiary of Storable, Inc.
- Company typePrivate
- Founded2014
- HeadquartersBaton Rouge, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What StorageAuctions does
StorageAuctions.com is an online marketplace platform that connects storage facility operators with individual buyers for the purpose of auctioning abandoned or defaulted self-storage units. Founded in 2014, the platform operates as a two-sided marketplace with a Buyer Platform enabling location-based search, photo-driven unit discovery, proxy bidding with automatic increments and a 2-minute anti-sniping extension, and a Seller Platform for storage operators to list and manage auctions. The platform processes auctions across all 50 U.S. states, with over 100,000 auctions facilitated since inception and 2,678+ active auctions at time of data extraction.
The underlying technology is a web-based auction marketplace with Property Management System (PMS) integrations provided through its parent company Storable, Inc. Core technical features include proxy bidding automation, geographic search with filters for distance, price, and contents, and compliance tooling such as state-specific lien law documentation and public notice listings. The platform is accessible via web browser with no mobile application disclosed, and operates on a self-serve model without sales intervention. Supporting modules include an educational blog covering bidding strategies and cleanout processes.
The business model is transaction-based. Storage facility operators list units at no cost, while winning bidders pay a non-refundable buyer's premium equal to the greater of $10 or 15% of the unit sale price, plus a 10% deposit applied toward the purchase. Revenue is not publicly disclosed. The company is a wholly-owned indirect subsidiary of Storable, Inc., a self-storage technology platform headquartered in Austin, Texas, and operates with a headcount of 1-10 employees. Lonnie Bickford is listed as President.
StorageAuctions firmographics
Firmographics- Name
- StorageAuctions
- Legal name
- Storage Auctions LLC
- Website
- https://storageauctions.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- StorageAuctions.com is an online marketplace connecting storage facility operators with individual buyers for storage unit auctions. Founded 2014, the platform has facilitated 100,000+ auctions across all 50 U.S. states and operates as a subsidiary of Storable, Inc.
- Ownership category
- akta.pro rank
Where StorageAuctions is headquartered
LocationHeadquarters
- HQ city
- Baton Rouge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
StorageAuctions business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Buyer's Premium Fee: Non-refundable auction fee charged to winning bidders equal to the greater of $10 or 15% of the unit sale price
- Winning Bidder Deposit: 10% deposit automatically charged to winning bidder's credit card, applied toward the purchase price of the unit
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Platform access for buyers is free; fees apply only upon winning an auction |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
StorageAuctions product offering
Product offeringCore offering
StorageAuctions.com operates an online marketplace where individual buyers can search, bid on, and win storage unit auctions nationwide, while storage facility operators can list defaulted units for online auction. The platform enables 24/7 self-serve bidding with proxy bidding, location-based search, and photo-based unit previews, charging a buyer's premium (greater of $10 or 15% of sale price) on winning bids.
Product overview
StorageAuctions.com is an online marketplace platform that connects buyers with storage facility operators conducting storage unit auctions. The platform operates as a unified buyer-seller marketplace with two primary user-facing products: a Buyer Platform for discovering, researching, and bidding on storage unit auctions nationwide, and a Seller Platform for storage facility operators to list auctions and reach thousands of potential bidders. Additional supporting modules include an educational blog, state lien law resources, public notices, and geographic auction browsing. The platform processes over 100,000 storage auctions since 2014 and facilitates thousands of active online auctions across the country. The seller platform integrates with Property Management Systems (PMS) to streamline auction management for storage facilities.
Differentiator
Problem solved
Functional benefit
Products and services
- StorageAuctions.com Buyer Platform Online marketplace enabling individual buyers to search, bid on, and win storage unit auctions across the United States. Features location-based search, filters for distance, price and contents, proxy bidding, and auction tracking. Targets resellers, collectors, and treasure hunters seeking to purchase abandoned storage unit contents.
- StorageAuctions.com Seller Platform Platform for self-storage facility operators to list, manage, and conduct online storage unit auctions. Includes PMS integrations, auction notice management, state lien law compliance resources, and access to thousands of potential bidders nationwide. Targets self-storage operators recovering unpaid rents.
Quantifiable outcome
- Over 100,000 successful storage auctions facilitated since 2014
Companies that use StorageAuctions
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles2 records
StorageAuctions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
StorageAuctions partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Storable, Inc.coreStorageAuctions.com is a wholly-owned indirect subsidiary of Storable, Inc. The partnership enables integration with Storable's property management systems (PMS) for storage facility operators, and leverages Storable's infrastructure and market relationships in the self-storage industry.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
StorageAuctions competitors and assessment
Company assessmentDirect peers
- StorageTreasures: Online marketplace for self-storage unit auctions with nationwide listings, photo previews, and proxy bidding. The most direct head-to-head competitor to StorageAuctions, operating a similar two-sided model for buyers and storage facility operators.
- SelfStorageAuction.com: Online self-storage auction platform serving buyers and facility operators across the US. Closely comparable product, customer base, and transaction-based monetization model.
- Bid13: Online storage auction marketplace facilitating bidding on defaulted storage units. Competes directly for both buyer participation and storage facility seller listings.
- iBid4Storage: Online self-storage auction platform competing in the same niche with similar auction, bidding, and listing functionality for storage facility operators.
Broad incumbents
- Storable: Parent company of StorageAuctions and dominant property management software provider to the US self-storage industry. Overlapping customer base (storage operators) but broader product portfolio spanning PMS, marketing, payments, and ancillary services.
- PropertyRoom.com: Online auction marketplace for government-surplus, seized, and abandoned assets. Comparable marketplace model and transactional monetization, though serving law enforcement and government sellers rather than self-storage operators.
- GovDeals: Online auction platform for government and institutional surplus assets including vehicles, equipment, and seized property. Larger and more diversified asset-liquidation marketplace with adjacent auction infrastructure.
- Auction.com: Online auction platform for residential and commercial real estate. Broader asset class (real estate) but operates a similar online marketplace model with proxy bidding and nationwide reach.
Emerging players
- B-Stock Solutions: B2B liquidation marketplace connecting retailers and manufacturers with buyers for returned and excess inventory. Different asset class (retail/consumer goods) but overlapping marketplace mechanics and take-rate revenue model.
- Lockerfox: Emerging online marketplace targeting self-storage unit rentals and ancillary services. Partial overlap through shared self-storage facility operator customer base, though focused on rentals rather than auctions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
StorageAuctions social profiles
Digital presenceStorageAuctions financial estimates
Financial estimateRevenue estimate
Valuation estimate
StorageAuctions leadership team
Management profileNumber of profiles
Profiles1 record
StorageAuctions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
StorageAuctions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about StorageAuctions
What does StorageAuctions do?
StorageAuctions.com operates an online marketplace where individual buyers can search, bid on, and win storage unit auctions nationwide, while storage facility operators can list defaulted units for online auction. The platform enables 24/7 self-serve bidding with proxy bidding, location-based search, and photo-based unit previews, charging a buyer's premium (greater of $10 or 15% of sale price) on winning bids.
Is StorageAuctions a public or private company?
StorageAuctions is a private company. It is classified as corporate owned and is currently operating.
When was StorageAuctions founded?
StorageAuctions was founded in 2014. It employs 1 to 10 people.
Where is StorageAuctions based?
StorageAuctions is headquartered in Baton Rouge, United States, in the North America region.
How does StorageAuctions make money?
Two revenue lines are on record. Buyer's Premium Fee is the primary driver. The others are winning Bidder Deposit.
Who are StorageAuctions's main competitors?
Direct peers on record are StorageTreasures, SelfStorageAuction.com, Bid13 and iBid4Storage. Broad incumbents are Storable, PropertyRoom.com, GovDeals and Auction.com. Emerging players are B-Stock Solutions and Lockerfox.
Does StorageAuctions have an API?
No public API is recorded for StorageAuctions.