Gated Self-Storage
For Sale
$100,000
498 W Garwood Rd # 125 ## 125, Rathdrum, ID 83858
An RV power connection and high interior clearance serve vehicle and general storage needs.
Property Size733 SF
Price / SF$136.43
Days on Market28
Property Features for 498 W Garwood Rd # 125 ## 125
General Information
Standard status
Active
Size
733 SF
Property subtype
Commercial
Zoning
LT INDUSTRIAL
Additional Details
Fenced Yard
Yes
Warehouse Space
733 SF
Property Use
Self Storage
Taxes and HOA fees
Annual Taxes
$328
Amenities
club house
complete security system
Fire Sprinklers
Building Details
Building Size
733 SF
Year Built
2004
Buildings
1
Listing Agency:
Coldwell Banker Schneidmiller Realty
(800) 829-2555
Listed By:
Kayla McCollor · License #SP40704
(208) 791-6005
Source:
Minershatrealty
Added: Oct 9
Changed: Oct 31
Last Checked: Nov 4 at 8:31AM
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 Coldwell Banker Schneidmiller Realty
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Investment Insights
Based on property information with market context.
Offered for sale, this 733-square-foot self-storage unit was built in 2004 and has a 12-by-14-foot roll-up door. Rear ceiling height exceeds 25 feet, and the interior includes four banks of lighting and a 30 AMP RV outlet. The property is zoned LT INDUSTRIAL.
The storage complex includes a clubhouse, paved surfaces, gated access, and a security system. The unit’s features support boat, RV, household, recreational, or warehouse storage.
The storage complex includes a clubhouse, paved surfaces, gated access, and a security system. The unit’s features support boat, RV, household, recreational, or warehouse storage.
Key Highlights
- 733‑square‑foot unit in a facility built in 2004
- 12‑by‑14‑foot roll‑up door and rear ceiling clearance over 25 feet
- 30 AMP RV outlet and four banks of lights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,400
Cap Rate
6.40%
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 6.40%
Second Best
Warehouse
$75.9K
$66.5K – $88.6K
NOI $5,316 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Self storage facility - An RV power connection and high interior clearance serve vehicle and general storage needs.
Where is this self storage facility located?
The property is located at 498 W Garwood Rd # 125 ## 125 Rathdrum, ID.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 733‑square‑foot unit in a facility built in 2004; 12‑by‑14‑foot roll‑up door and rear ceiling clearance over 25 feet; 30 AMP RV outlet and four banks of lights
