Create Your Own Abandoned Locker Marketplace
Storage unit auctions are a fast-paced, high-turnover solution for facilities to recoup unpaid rent by liquidating the contents of abandoned or delinquent units. These auctions attract resellers, collectors, and treasure hunters eager to bid on full units — sight unseen beyond the doorway.
Contents of abandoned storage units are sold to bidders who typically can only view the contents from the entrance without physically entering the unit. These auctions have gained popularity through reality television shows and provide opportunities for treasure hunters, resellers, and bargain seekers to acquire potentially valuable items at competitive prices.
Our auctions are typically online and bid-at-the-item with smartphone on inspection day, allowing bidders to view the unit contents from the threshold while participating remotely via mobile bidding.
💡 Why Storage Auctions Attract Attention
- Mystery = ExcitementBidders love the thrill of the unknown — buying full units without knowing every item inside.
- Easy to Run, High TurnoverStorage auctions are frequent, simple to photograph, and require minimal inventory management.
- Proven Revenue ModelA 12% buyer premium and 5% listing fee provide a strong return with no financial risk to the storage facility.
🗝️ Common Unit Contents
- 🛋️ Furniture and household goods
- 👕 Clothing, toys, and home electronics
- 🔧 Tools, sporting goods, and gym equipment
- 🖼️ Artwork, collectibles, and framed pieces
- 📁 Personal and business records, boxes, and sealed totes
🧩 Case Study: LockerBid Monthly Storage Auction
The Numbers
- FrequencyMonthly
- Avg units per auction25
- Avg sale price$425
- Buyer fees collected$15,300
- Listing fees$6,375
- Deal working closes$10,000
- Annual gross sales$127,500
📈 Annual Revenue Summary
Annual Financial Snapshot
- Total auction-enabled revenue$31,675
- Software subscription cost$9,996
- ROIOver 3× annual return
🏁 Ready to launch your next auction?
Recover unpaid rent and excite bargain hunters with mobile-first threshold viewing and fast monthly turnover — no financial risk to the facility.
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