Storage Depot

Prime location for industrial and manufacturing investment. Situated in a region known for its business-friendly environment, the area offers convenient access to major transportation routes, including Interstates 77 and 81. Tazewell combines a strong workforce, cost-effective real estate, and a supportive local government, making it an ideal destination for industrial and manufacturing development. Nearby points of interest include the Tazewell County Industrial Park, Bluefield Regional Airport, and the thriving business community of downtown Tazewell.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.