RV Storage Condo with Roll-Up
For Sale
$108,500
Pending
498 W Garwood Rd, Rathdrum, ID 83858
COMMERCIAL - Rathdrum, ID
Property Size733 SF
Lot Size0.11 Acres
Days on Market53
Property Features for 498 W Garwood Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
County- LTIND
Exterior features
Lighting
Lot features
Open Lot, Level
Directions
Hwy 95 N - R ON HWY 53 TO TRAFFIC CIRCLE - N ON POPE RD - L ON GARWOOD RD
Subdivision
04 - Rathdrum/Twin Lakes
Standard status
Pending
APN
035150022140
Size
733 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Hl Exec Rv & Boat Condos (Amended), Unit 214 Bldg 2, Undiv Int In Common Area 2552N04w
Tax Annual Amount
310
Legal Description
Hl Exec Rv & Boat Condos (Amended), Unit 214 Bldg 2, Undiv Int In Common Area 2552N04w
Utilities
Heating system
Electric (Heating)
Building Details
Year built
2004
Building materials
Steel Siding, Steel Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Mike Icardo Realty
(208) 661-0439
Listed By:
Brenda Olson · License #SP56049
(702) 575-9628
Added: Jun 15
Changed: Aug 4
Last Checked: Aug 6 at 7:06AM
MLS# 26-6139
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.
Investment Insights
Based on property information with market context.
This commercial storage condo is ready now and does not require construction to begin use. The unit measures approximately 16' by 47' and includes a 12' by 14' roll-up door for convenient access. Interior layout features a 10.5' by 15.5' mezzanine with approximately 10.5' of clear height underneath, plus about 36.5' of open floor space in front of the mezzanine. Electrical connectivity includes a 30 AMP RV outlet to support RV and related equipment storage needs.
The unit is located at 498 W Garwood Rd in Rathdrum, Idaho, within the Hayden Lake Executive RV & Boat Storage complex. The property is gated and monitored with full security cameras, and the listing notes that utilities are included. The applicable zoning is County-LTIND.
For tenants or buyers seeking a compact, self-contained storage option within a secured facility, this unit offers practical vehicle access through the roll-up door and the added capability of the RV electrical outlet. The mezzanine can support extra storage needs above the clear-below area, while the open floor space in front helps accommodate staging and movement within the unit.
The unit is located at 498 W Garwood Rd in Rathdrum, Idaho, within the Hayden Lake Executive RV & Boat Storage complex. The property is gated and monitored with full security cameras, and the listing notes that utilities are included. The applicable zoning is County-LTIND.
For tenants or buyers seeking a compact, self-contained storage option within a secured facility, this unit offers practical vehicle access through the roll-up door and the added capability of the RV electrical outlet. The mezzanine can support extra storage needs above the clear-below area, while the open floor space in front helps accommodate staging and movement within the unit.
Key Highlights
- Commercial condo at Hayden Lake Executive RV & Boat Storage with 12' x 14' roll‑up door
- Unit size is +/- 16' x 47' with +/- 36.5' of open floor space in front of the mezzanine
- Mezzanine is +/- 10.5' x 15.5' with +/- 10.5' clear underneath
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Gated, secured storage condo featuring roll-up access and a 30 AMP RV outlet for vehicle and equipment storage.
Where is this self storage facility located?
The property is located at 498 W Garwood Rd 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 at Hayden Lake Executive RV & Boat Storage with 12' x 14' roll‑up door; Unit size is +/- 16' x 47' with +/- 36.5' of open floor space in front of the mezzanine; Mezzanine is +/- 10.5' x 15.5' with +/- 10.5' clear underneath
