498 W GARWOOD Rd, Rathdrum, ID 83858
- Added:
- Feb 9, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 9 at 10:06 pm
Property Features for 498 W GARWOOD Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LT IND
- Exterior features
- Lighting
- Basement
- None
- Standard status
- Active
- APN
- 035150011310
- Size
- 733 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HL EXEC RV & BOAT CONDOS (AMENDED), UNIT 131 BLDG 1, UNDIV INT IN COMMON AREA
- Tax Annual Amount
- 310
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 2004
- Building materials
- Steel Siding, Steel Frame
- Roof type
- Metal
- Architectural style
- Other
Listing agent Brenda Burk License #SP39689 (208) 818-3668
Listing office Coldwell Banker Schneidmiller Realty 1924 Northwest Blvd, Coeur D'Alene, ID (800) 829-2555
Listing date Feb 9, 2026
Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 16 x 48 storage unit at Hayden Lake Executive Boat & RV Storage
- 12 x 14 roll‑up door with rear ceiling height over 25 ft
- 4 banks of lights plus a 30 AMP RV outlet
- Paved, gated facility with complete security system and cameras
- Complex includes a clubhouse; steel siding and metal roof
- Electric heating; steel frame construction; built in 2004
Overview
The complex is located at 498 W Garwood Rd in Rathdrum, within Kootenai County. The combination of gated access, paved surfaces, and camera-based security is designed to support higher-value recreational and equipment storage use, including boat and RV storage.
With the storage market in high demand, this unit can work for personal use while also offering an investor-ready asset profile. The flexible configuration and tall clearance make it suitable for recreational storage as well as household or warehouse-style storage, depending on a tenant’s needs.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rathdrum
- County
- Kootenai
- State
- Idaho
- Longitude
- -116.783222
- Latitude
- 47.831152
