508 W Garwood Road Unit # 408, Rathdrum, ID 83858
Nearly new insulated unit with an overhead door and electrical service for flexible RV, boat, and vehicle storage.
- Added:
- Jun 22, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 24 at 4:41 am
Property Features for 508 W Garwood Road Unit # 408
General Information
- Standard status
- Active
- Size
- 1,000 SF
Building Details
- Year Built
- 2023
Listing office Coldwell Banker Schneidmiller Realty
Listing date Jun 22, 2026
Source Purewestrealestate
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 Coldwell Banker Schneidmiller Realty
HighLights
- Nearly new 20 x 50 insulated commercial storage condo (Year built 2023)
- 14 x 14 insulated overhead door with automatic opener
- 100‑amp electrical service plus standard outlets and an RV outlet
- 8‑foot LED lighting throughout and a separate man door
- Access to community clubhouse with kitchen and restroom facilities
Overview
The unit is part of Hayden Lake Executive RV & Boat Storage, located just off the new Garwood Interchange. The property is positioned to provide convenient access to the surrounding North Idaho communities, including Hayden, Coeur dAlene, Rathdrum, Sandpoint, and nearby areas. Owners also have access to a community clubhouse that includes a kitchen and restroom facilities.
This unit is a strong fit for operators or owners seeking secure, functional storage space for RVs, boats, vehicles, or general warehouse-style storage. The insulated enclosure, overhead door configuration, and dedicated RV outlet are practical features for customers who need weather-protected storage and straightforward move-in/move-out access.
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
