Log In/Sign Up
Your email has been sent.
129 Goldwing Dr - Storage Depot - Tazewell, VA 15,000 SF Specialty Building Offered at $890,000 at a 8.85% 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 | $890,000 | Building Class | C |
| Price Per SF | $59.33 | Lot Size | 3.65 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 8.85% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Self-Storage |
| Price | $890,000 |
| Price Per SF | $59.33 |
| Sale Type | Investment |
| Cap Rate | 8.85% |
| 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 |
1 1
Property Taxes
| Parcel Number | 094A6A-0001 | Improvements Assessment | $239,500 |
| Land Assessment | $56,300 | Total Assessment | $295,800 |
Property Taxes
Parcel Number
094A6A-0001
Land Assessment
$56,300
Improvements Assessment
$239,500
Total Assessment
$295,800
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
129 Goldwing Dr - Storage Depot - Tazewell, VA
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.