Self-Storage Facility With RV
For Sale
$102,000
Pending
498 GARWOOD, Rathdrum, ID 83858
Secure storage condominium with vehicle access, utility connections, and shared property amenities.
Property Size733 SF
Days on Market63
Property Features for 498 GARWOOD
General Information
Standard status
Pending
Size
733 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$328
Amenities
24-hour security gate
exterior lights
clubhouse
water spigots
0.00
Building Details
Year Built
2004
Listing Agency:
Windermere/Coeur d'Alene Realty Inc
Listed By:
Joan Genter · License #SP39140
(208) 661-3773
Source:
Clearwaterproperties
Added: Aug 14
Changed: Oct 13
Last Checked: Oct 12 at 7:58PM
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 Windermere/Coeur d'Alene Realty Inc
Investment Insights
Based on property information with market context.
This self-storage condominium includes a 16-by-48-foot unit with a 14-foot roll-up door and a separate man door. Interior improvements include a concrete floor, overhead fluorescent lighting, and a 50-amp outlet suited to RV or boat storage. The unit also has access to nearby water spigots for rinsing stored equipment.
The condominium development provides a 24-hour security gate, exterior lighting, paved roads, level site conditions, and a clubhouse. HOA dues cover power, water, snowplowing, property maintenance, and building insurance. The property is located in Rathdrum, Idaho, near Hwy 95, and was built in 2004.
The condominium development provides a 24-hour security gate, exterior lighting, paved roads, level site conditions, and a clubhouse. HOA dues cover power, water, snowplowing, property maintenance, and building insurance. The property is located in Rathdrum, Idaho, near Hwy 95, and was built in 2004.
Key Highlights
- 16x48 storage unit with 14' roll‑up door and separate man door
- 50 amp outlet for RV or boat use
- Concrete floor and overhead fluorescent lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,400
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,000
$128.0K
Cap Rate 7%
$91,429
$91.4K
Cap Rate 9%
$71,111
$71.1K
Market Conditions
NOI Build-Up for 733 SF
Gross rent
$9.7K $13.20/SF
− Vacancy
−$532 −$0.73/SF
EGI
$9.1K $12.47/SF
− OpEx
−$2.7K −$3.74/SF
NOI
$6.4K $8.73/SF
Area
Kootenai County, ID
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,000
Cap Rate 7%
$91,429
Cap Rate 9%
$71,111
Alternative Uses
Best Use
Self Storage
$91.4K
$80.0K – $106.7K
NOI $6,400 @ 7.0% cap · market cap 6.27%
Second Best
Warehouse
$75.9K
$66.5K – $88.6K
NOI $5,316 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 83858, ID
17,113
Population
7,660
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
112.1 sq mi
ZIP Area
153
Density / Sq Mi
$93,006
Median Household Income
$38,717
Median Earnings
$1,244
Median Rent
$452,700
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Secure storage condominium with vehicle access, utility connections, and shared property amenities.
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 $102,000.
What are key features of this property?
This property features: 16x48 storage unit with 14' roll‑up door and separate man door; 50 amp outlet for RV or boat use; Concrete floor and overhead fluorescent lighting
