508 W GARWOOD Rd, Rathdrum, ID 83858
COMMERCIAL - Rathdrum, ID
- Added:
- Jun 19, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 19 at 8:06 pm
Property Features for 508 W GARWOOD Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- LIGHT INDUST
- Exterior features
- Lighting
- Basement
- None
- Standard status
- Active
- APN
- 0L8180044080
- Size
- 1,000 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HL EXEC RV & BOAT CONDOS AMEND NO 5, BLDG 4 UNIT 408 UNDIV INT IN COMMON AREA 2552N04W
- Tax Annual Amount
- 463
Utilities
- Heating system
- Electric (Heating)
Building Details
- Year built
- 2023
- Building materials
- Steel Siding, Steel Frame
- Roof type
- Metal
- Architectural style
- Other
Listing agent Brenda Burk License #SP39689 (208) 818-3668
Listing office Coldwell Banker Schneidmiller Realty 1924 Northwest Blvd, Coeur D'Alene, ID (800) 829-2555
Listing date Jun 19, 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
- Nearly new 20' x 50' insulated commercial condo (Phase 2) built in 2023
- 14' x 14' insulated overhead door with automatic opener, plus separate man door
- 100‑amp electrical service with standard outlets and an RV outlet
- 8‑foot LED lighting throughout and exterior lighting
- Metal roof; steel frame with steel siding
- Community clubhouse access with kitchen and restroom facilities
Overview
Located at Hayden Lake Executive RV & Boat Storage and positioned just off the Garwood Interchange, the property offers convenient access to Hayden, Coeur d'Alene, Rathdrum, Sandpoint, and surrounding North Idaho communities. The listing is part of Phase 2 within the storage community, and the site is zoned LIGHT INDUST.
The unit is well suited for buyers looking to own a dedicated space for secure RV, boat, vehicle, warehouse-style storage, or personal storage. Owners also have access to the community clubhouse, which includes a kitchen and restroom facilities, adding everyday convenience for residents and visitors.
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
- -116.783428
- Latitude
- 47.830408