498 W Garwood Rd, Rathdrum, ID 83858
- Added:
- Jun 15, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 15 at 6:06 pm
Property Features for 498 W Garwood Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- County- LTIND
- Exterior features
- Lighting
- Standard status
- Active
- 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
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 Olson License #SP56049 (702) 575-9628
Listing office Mike Icardo Realty 1677 E Miles Ave, Hayden Lake, ID (208) 661-0439
Listing date Jun 15, 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
- 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
- 30 AMP RV outlet included
- Gated complex with full security cameras
- Metal roof; steel siding and steel frame; electric heating; year built 2004; exterior lighting; utilities included
Overview
The property is located at 498 W Garwood Rd in Rathdrum, Idaho, in Kootenai County. The storage complex is gated and has full security cameras. The offering notes that utilities are included, which can simplify operating and monthly budgeting for an owner-operator. The listed zoning is County-LTIND.
For tenants, buyers, or operators looking for a secured, purpose-built storage configuration, this unit’s roll-up door access and RV outlet make it well suited for RV and boat storage, along with general storage for items that benefit from overhead and mezzanine space. The clear under-mezzanine height and front open area support storing and organizing larger items more efficiently within the condo footprint.
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
