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129 Goldwing Dr - Storage Depot - Tazewell, VA 15,000 SF Specialty Building Offered at $1,169,875 CAD at a 8.80% Cap Rate in North Tazewell, VA 24630
Executive Summary
Income Growth Potential – Rents are below market competitors, with additional upside through increasing tenant insurance income, which currently totals only $1,288 annually.
Low Maintenance & Overall Operating Expense Ratio – Low property tax environment and ownership has experienced very minimal repairs and maintenance at the property.
Remote Management – The property is owned by an out-of-state owner, with a boots-on-the-ground manager already in place for a new owner. BOTG manager does on-site maintenance and lawn care for $375 per month.
Stable Local Economic Base – Employment is driven by government, healthcare, and retail, which together account for over 50% of the local workforce.
National Retailers Nearby – Located near national retailers including Food Lion, CVS Pharmacy, Pizza Hut, KFC, Wendy’s, Family Dollar, Dollar General, Subway, and others.
Low Maintenance & Overall Operating Expense Ratio – Low property tax environment and ownership has experienced very minimal repairs and maintenance at the property.
Remote Management – The property is owned by an out-of-state owner, with a boots-on-the-ground manager already in place for a new owner. BOTG manager does on-site maintenance and lawn care for $375 per month.
Stable Local Economic Base – Employment is driven by government, healthcare, and retail, which together account for over 50% of the local workforce.
National Retailers Nearby – Located near national retailers including Food Lion, CVS Pharmacy, Pizza Hut, KFC, Wendy’s, Family Dollar, Dollar General, Subway, and others.
Property Facts
| Price | $1,169,875 CAD | Building Class | C |
| Price Per SF | $77.99 CAD | Lot Size | 3.65 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 8.80% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Self-Storage |
| Price | $1,169,875 CAD |
| Price Per SF | $77.99 CAD |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.65 AC |
| Building Size | 15,000 SF |
| No. Stories | 1 |
| Year Built | 2025 |
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Property Taxes
| Parcel Number | 094A6A-0001 | Improvements Assessment | $326,424 CAD |
| Land Assessment | $76,734 CAD | Total Assessment | $403,158 CAD |
Property Taxes
Parcel Number
094A6A-0001
Land Assessment
$76,734 CAD
Improvements Assessment
$326,424 CAD
Total Assessment
$403,158 CAD
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129 Goldwing Dr - Storage Depot - Tazewell, VA
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