Geographic · Land Initial Cost

ME — Land Initial Cost

Extra Space Storage ME — Land Initial Cost remained flat by 0.0% to $2.35M in Q4 2025 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025

How to read this metric

Higher costs reflect historical market entry prices or premium locations, while lower costs may indicate early entry or lower-value land.

Detailed definition

The original purchase price or historical cost basis of the land parcels located within the specified geographic segment...

Peer comparison

Standard accounting line item for 'Land' at historical cost across real estate entities.

Metric ID: exr_segment_me_land_initial_cost

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$2.35M$2.35M$2.35M
QoQ Change+0.0%+0.0%
YoY Change+0.0%+0.0%
Range$2.35M$2.35M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Extra Space Storage's me — land initial cost?
Extra Space Storage (EXR) reported me — land initial cost of $2.35M in Q4 2025.
What does me — land initial cost mean?
The original cost paid to acquire the land for properties in this region.