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7350 Old Hwy 421 hwy 11,000 SF Specialty Building Offered at $450,167 CAD at a 11.23% Cap Rate in Deep Gap, NC 28618



Executive Summary
Income-producing 51-unit self-storage facility located in Deep Gap, North Carolina. This established, family-owned operation offers a rare opportunity to acquire both the real estate and a fully operational business with consistent demand and strong local presence. Positioned just off Old US Highway 421, the property benefits from excellent accessibility and visibility, serving customers in Deep Gap, Boone and the surrounding area. The facility offers a the lowest rental rates and a variety of unit sizes along with flexible rental options, appealing to a broad customer base. Key features include two buildings, 24-hour tenant access, and streamlined operations designed for ease of management. The business is known for competitive pricing and reliable service, with repeat and referral-based clientele supporting ongoing occupancy. Rents and occupancy are consistent and the property would benefit from local ownership/management.
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Property Facts
| Price | $450,167 CAD | Building Class | C |
| Price Per SF | $40.92 CAD | Lot Size | 1.54 AC |
| Sale Type | Investment | Building Size | 11,000 SF |
| Cap Rate | 11.23% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1978 |
| Property Subtype | Self-Storage | ||
| Zoning | Business/Commercial - Business/Commercial zoning; currently improved and operated as a 51-unit self-storage facility. | ||
| Price | $450,167 CAD |
| Price Per SF | $40.92 CAD |
| Sale Type | Investment |
| Cap Rate | 11.23% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 11,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Zoning | Business/Commercial - Business/Commercial zoning; currently improved and operated as a 51-unit self-storage facility. |
Amenities
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $323,054 CAD | |
| Land Assessment | $57,621 CAD | Total Assessment | $380,675 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$57,621 CAD
Improvements Assessment
$323,054 CAD
Total Assessment
$380,675 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Presented by
Mark R Lazar
7350 Old Hwy 421 hwy
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