RV Storage Condo with Roll-Up
498 Garwood Unit # 214 Rathdrum, ID 83858
498 Garwood Unit # 214, Rathdrum, ID, 83858
$108,500
For Sale
$108,500
Commercial condo unit with a 12' x 14' roll-up door, RV outlet, and mezzanine for added storage space.
Property Size733 SF
Price / SF$148.02
Days on Market39
Property Features for 498 Garwood Unit # 214
General Information
- Standard status
- Active
- Size
- 733 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2004
Listing Agency
Mike Icardo Realty
(702) 575-9628
Listed by
Brenda Olson · License #SP56049
(702) 575-9628
Source
Xome
Added: Jun 12 Updated: Jul 19 at 1:56 am Checked: Jul 20 at 1:47 am
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
Investment Insights
Based on property information with market context.
This commercial condo unit is located within Hayden Lake Executive RV & Boat Storage and offers a flexible warehouse-style layout sized at approximately 16' x 47'. The unit features a 12' x 14' roll-up door and a 30 AMP RV outlet. A mezzanine spans approximately 10.5' x 15.5' with about 10.5' clear under the mezzanine, along with approximately 36.5' of open floor space in front of it.
The storage complex is gated and equipped with full security cameras. Public remarks also indicate utilities are included, which can simplify operating expenses for an onsite storage setup.
The storage complex is gated and equipped with full security cameras. Public remarks also indicate utilities are included, which can simplify operating expenses for an onsite storage setup.
Key Highlights
- Commercial condo unit at Hayden Lake Executive RV & Boat Storage, built in 2004
- ±16' x 47' unit with a 12' x 14' roll‑up door and 30 AMP RV outlet
- 10.5' x 15.5' mezzanine with 10.5' clear underneath
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
NOI $6,400 @ 7.0% cap · market cap 5.90%
Second Best
Warehouse
$75.9K
$66.5K – $88.6K
NOI $5,316 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Commercial condo unit with a 12' x 14' roll-up door, RV outlet, and mezzanine for added storage space.
Where is this self storage facility located?
The property is located at 498 Garwood Unit # 214 Rathdrum, ID.
What is the asking price?
The asking price for this property is $108,500.
What are key features of this property?
This property features: Commercial condo unit at Hayden Lake Executive RV & Boat Storage, built in 2004; ±16' x 47' unit with a 12' x 14' roll‑up door and 30 AMP RV outlet; 10.5' x 15.5' mezzanine with 10.5' clear underneath
