Self-Storage Unit with RV
New
For Sale
$100,000
498 W GARWOOD Rd, Rathdrum, ID 83858
Commercial Sale, Commercial Condo, Rathdrum, ID
Property Size733 SF
Lot Size0.06 Acres
Price / SF$136.43
Days on Market7
Property Features for 498 W GARWOOD Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LT INDUSTRIAL
Basement
None
Lot features
Open Lot, Level
Directions
HWY 95 north, take ramp to Garwood, turn right onto HWY53, take 2nd exit to Pope Rd, Left onto Garwood Rd
Subdivision
04 - Rathdrum/Twin Lakes
Standard status
Active
APN
035150011250
Size
733 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HL EXEC RV & BOAT CONDOS (AMENDED), UNIT 125 BLDG 1, UNDIV INT IN COMMON AREA 2552N04W
Tax Annual Amount
328
Legal Description
HL EXEC RV & BOAT CONDOS (AMENDED), UNIT 125 BLDG 1, UNDIV INT IN COMMON AREA 2552N04W
Utilities
Heating system
Electric (Heating)
Amenities
club house
security system
Building Details
Year built
2004
Building materials
Steel Siding, Steel Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
Coldwell Banker Schneidmiller Realty · Coldwell Banker Real Estate
(800) 829-2555
Listed By:
Kayla McCollor · License #SP40704
(208) 791-6005
Added: Oct 9
Last Checked: Oct 15 at 1:06AM
MLS# 26-10107
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 733-square-foot self-storage unit was built in 2004 with a steel frame, steel siding, and a metal roof. A 12-by-14-foot roll-up door provides access, while the rear section rises more than 25 feet. Interior features include four lighting banks and a 30 AMP outlet suited to RV storage. Electric heat serves the unit, which is zoned LT INDUSTRIAL.
The property is part of a paved, gated complex with a clubhouse and a security system. Storage uses identified for the facility include boats, RVs, recreational equipment, household goods, and warehouse inventory.
The property is part of a paved, gated complex with a clubhouse and a security system. Storage uses identified for the facility include boats, RVs, recreational equipment, household goods, and warehouse inventory.
Key Highlights
- 733‑square‑foot self‑storage unit
- 12‑by‑14‑foot roll‑up door and rear ceiling height exceeding 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
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - A gated complex with a clubhouse accommodates boat, RV, household, and warehouse 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 $100,000.
What are key features of this property?
This property features: 733‑square‑foot self‑storage unit; 12‑by‑14‑foot roll‑up door and rear ceiling height exceeding 25 feet; 30 AMP RV outlet and four banks of lights
