For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Insulated Storage Condominium Unit Title is generated by Realmo AI

    508 W GARWOOD Rd, Rathdrum, ID 83858

    View on Map
    Claim this Listing
    New
    For Sale
    $142,000

    COMMERCIAL - Rathdrum, ID

    Property size:
    1,000 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $142/SF
    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

    We can help!

    Listing Contact
    Brenda Burk
    Brenda Burk

    Listing agent Brenda Burk License #SP39689

    Listing office Coldwell Banker Schneidmiller Realty 1924 Northwest Blvd, Coeur D'Alene, ID

    Listing date Jun 19, 2026

    MLS# 26-6370

    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

    This nearly new storage condominium unit is fully insulated throughout and designed for versatile, secure storage. The interior measures 20' x 50' and includes an insulated 14' x 14' overhead door with an automatic opener, plus a separate man door for walk-in access. Electrical service includes 100-amp power, standard outlets, and an RV outlet to support equipment and vehicle storage needs. An 8-foot LED lighting system is installed throughout the unit for clear visibility during use.

    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
    1,000 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Self Storage
    $124.7K
    $109.2K – $145.5K (±1% cap)
    NOI $8,732 @ 7.0% cap · market cap 6.15%
    Second Best
    Warehouse
    $103.6K
    $90.7K – $120.9K (±1% cap)
    NOI $7,252 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Office A
    $216.9K
    $189.8K – $253.1K (±1% cap)
    NOI $15,185 @ 7.0% cap · market cap 10.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom HVAC Service Storage Facility Furniture & Home Goods Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rathdrum
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.783428
    Latitude
    47.830408

    FAQs

    What type of property is this?
    Self storage facility - Nearly new, fully insulated 20' x 50' unit with an insulated 14' x 14' overhead door, power, and LED lighting.
    Where is this self storage facility located?
    The property is located at 508 W GARWOOD Rd Rathdrum, ID.
    What is the asking price?
    The asking price for this property is $142,000.
    What are key features of this property?
    This property features: 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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message