508 GARWOOD, Rathdrum, ID 83858
Nearly new boat and RV storage condo with durable finishes, insulated garage door, and 24/7 gate access with video surveillance.
- Added:
- May 30, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 15 at 6:16 am
Property Features for 508 GARWOOD
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2023
Listing agent Jeff Fulchino License #RES.0799322 (203) 400-5393
Listing office BHGRE Gaetano Marra Homes (203) 400-5393
Listing date May 30, 2026
Source Xome
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 BHGRE Gaetano Marra Homes
HighLights
- Nearly new 20x50 commercial condo for boat and RV storage, built in 2023
- Durable epoxy floor coating and 26‑gauge metal roof and walls
- 14x14 insulated garage door with opener plus a man door
- Electrical includes a 100 amp box, 7 outlets (including one 220 RV outlet), and six 8 ft LED lights
- 24/7 gate access with video surveillance
- Community clubhouse with kitchen and restroom; level lot with exterior lighting on public paved roads
Overview
The storage complex is conveniently located off the new Garwood interchange, with access to Coeur d'Alene, Rathdrum, Sandpoint, and surrounding areas. Common amenities include a community clubhouse with a kitchen and restroom. Tenants and owners also benefit from 24/7 gate access and video surveillance.
This condo configuration is a straightforward fit for operators or buyers looking for dedicated space to store boats, RVs, and related equipment with dedicated electrical and lighting. The combination of insulated door, metal construction, and controlled access supports day-to-day storage needs in a purpose-built facility.
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 | $13.2k | $13.20 |
| − Vacancy | −$726 | −$0.73 |
| EGI | $12.5k | $12.47 |
| − OpEx | −$3.7k | −$3.74 |
| NOI | $8.7k | $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
