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    Commercial Storage Condo with RV Access Title is generated by Realmo AI

    498 Garwood, Rathdrum, ID 83858

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    For Sale
    $115,000

    Gated, camera-monitored storage condo with roll-up door, RV power outlet, and mezzanine storage space.

    Type:General Commercial
    Property size:
    733 SF
    Price / SF:
    $156/SF
    Added:
    Jun 13, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 20 at 3:13 am

    Property Features for 498 Garwood

    General Information

    Standard status
    Active
    Size
    733 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    2004

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    Listing Contact
    Brenda Olson

    Listing agent Brenda Olson License #SP56049

    Listing office Mike Icardo Realty

    Listing date Jun 13, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Mike Icardo Realty

    HighLights

    • Commercial condo at Hayden Lake Executive RV & Boat Storage, built in 2004
    • Unit size approx. 16' x 47' with a 12' x 14' roll‑up door
    • Includes a 30 AMP RV outlet
    • Adds a 10.5' x 15.5' mezzanine storage with 10.5' clear underneath
    • Gated complex with full security cameras
    • Utilities are included

    Overview

    This for-sale commercial storage condo at Hayden Lake Executive RV & Boat Storage is ready now and designed for practical vehicle and storage needs. The unit measures approximately 16' x 47' and includes a 12' x 14' roll-up door for straightforward access. Inside, there is a 10.5' x 15.5' mezzanine with 10.5' clear underneath, plus approximately 36.5' of open floor space in front of the mezzanine. An on-site 30 AMP RV outlet is also included, supporting RV storage setups.

    The complex is gated and features full security cameras, with utilities included for added convenience. The property address is 498 Garwood, Rathdrum, ID 83858.

    For buyers seeking a ready-to-use storage unit with dedicated RV power and a raised storage area, this configuration offers clear separation between floor-level space and above-mezzanine storage. The roll-up door clearance and the open area in front of the mezzanine provide flexibility for storing and accessing items while keeping higher-capacity storage available overhead. Utilities included can help reduce operating friction for the unit’s next owner or operator.

    Local Financial Insights For Self Storage

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $9.7k $13.20
    − Vacancy −$532 −$0.73
    EGI $9.1k $12.47
    − OpEx −$2.7k −$3.74
    NOI $6.4k $8.73
    733 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Self Storage
    $91.4K
    $80.0K – $106.7K (±1% cap)
    NOI $6,400 @ 7.0% cap · market cap 5.57%
    Second Best
    Warehouse
    $75.9K
    $66.5K – $88.6K (±1% cap)
    NOI $5,316 @ 7.0% cap · market cap 4.62%
    Theoretical Best
    Office A
    $159.0K
    $139.1K – $185.5K (±1% cap)
    NOI $11,130 @ 7.0% cap · market cap 9.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom HVAC Service Storage Facility Furniture & Home Goods Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.7813819
    Latitude
    47.8316204

    FAQs

    What type of property is this?
    Self storage facility - Gated, camera-monitored storage condo with roll-up door, RV power outlet, and mezzanine storage space.
    Where is this self storage facility located?
    The property is located at 498 Garwood Rathdrum, ID.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Commercial condo at Hayden Lake Executive RV & Boat Storage, built in 2004; Unit size approx. 16' x 47' with a 12' x 14' roll‑up door; Includes a 30 AMP RV outlet
    More about this property
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