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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 $325,000
Price Per SF $29.55
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
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2951-55-4328-000
  • 2951-55-5321-000
Land Assessment
$41,600
Improvements Assessment
$233,230
Total Assessment
$274,830
  • Listing ID: 41931389

  • Date on Market: 8/28/2026

  • Last Updated:

  • Address: 7350 Old Hwy 421 hwy, Deep Gap, NC 28618

Contact the Sale Advisor

7350 Old Hwy 421 hwy

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