Geographic · Land Initial Cost
MI — Land Initial Cost
Extra Space Storage MI — Land Initial Cost remained flat by 0.0% to $13.16M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $13.16M to $13.16M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
Provides a baseline for assessing the historical capital investment and potential appreciation of the land assets in this region.
Detailed definition
The original purchase price or historical cost basis of the land parcels acquired for self-storage facilities in the Mic...
Peer comparison
Standard real estate accounting metric used to track historical cost basis across different geographic segments.
Metric ID:
exr_segment_mi_land_initial_costHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $10.90M | $10.90M | $10.90M | $13.16M | $13.16M |
| QoQ Change | — | +0.0% | +0.0% | +20.8% | +0.0% |
| YoY Change | — | +0.0% | +0.0% | +20.8% | +0.0% |
Range$10.90M – $13.16M
CAGR+20.8%
Avg YoY Growth+5.2%
Median YoY Growth+0.0%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Extra Space Storage's mi — land initial cost?
- Extra Space Storage (EXR) reported mi — land initial cost of $13.16M in Q4 2025.
- How has Extra Space Storage's mi — land initial cost changed year-over-year?
- Extra Space Storage's mi — land initial cost decreased by 0.0% year-over-year, from $13.16M to $13.16M.
- What does mi — land initial cost mean?
- The original cost of the land for properties in the Michigan region.