498 W Garwood RD # 214, Rathdrum, ID 83858
Gated storage condo with roll-up access, mezzanine space, and a 30 AMP RV outlet for versatile vehicle storage.
- Added:
- Jun 20, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 21 at 2:13 am
Property Features for 498 W Garwood RD # 214
General Information
- Standard status
- Active
- Size
- 733 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing agent Brenda Olson
Listing office Mike Icardo Realty
Listing date Jun 20, 2026
Source Clearwaterproperties
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 Mike Icardo Realty
HighLights
- Commercial storage condo at Hayden Lake Executive RV & Boat Storage, built in 2004
- Unit size is 16' x 47' with a 12' x 14' roll‑up door for vehicle access
- Includes a 30 AMP RV outlet for power at the unit
- Features a 10.5' x 15.5' mezzanine with 10.5' clear space underneath
- Offers about 36.5' of open floor space in front of the mezzanine
- Gated complex with full security cameras; utilities included
Overview
Located at 498 W Garwood Rd #214 in Rathdrum, Idaho, the property is part of Hayden Lake Executive RV & Boat Storage. The facility is gated and uses full security cameras, and the unit is offered with utilities included.
For tenants or buyers looking for a self-storage style condominium set up for larger equipment, the combination of roll-up door access, RV power, and clear under-mezzanine height creates a practical layout for storing vehicles and related gear. The gated environment and camera coverage add straightforward operational security for day-to-day use.
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
- -116.7813819
- Latitude
- 47.8316204
