I have my bigger yardage over hangers in a closet (lots of closet space in my sewing area) and I've started labelling it as to what it is (linen, sateen, whatever) since I have a lot of garment fabric and how much there is. It's really a help when you are looking for something and need more than a yard or so.
My smaller yardage is on shelves above the sewing tables all the way to the ceiling. I have the fabric in tubs by color. I do have to get them down and go thru the tubs, but having them up there frees up so much floor space for me