Building Details

Year Built 2026

Listing Agency: RLT Real Estate LLC

Listed By: Casey L. Ladowski · License #5656790 Show Phone

Source: Smartteamhomes

Added: Jul 21 Changed: Oct 12 Last Checked: Oct 7 at 12:54PM

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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 RLT Real Estate LLC

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Investment Insights

Based on property information with market context.

Overdrive Motor Condos is a gated, pre-construction storage community designed for motor and recreational vehicle enthusiasts, offered for sale in Phase 1. Unit sizes range from 32' x 30' to as large as 32' x 80', with features that include high 18.5' ceiling heights, drywall interior walls, and insulated steel ceilings. The units are equipped with full utilities including gas, electric, sewer, and water, along with 200-Amp electrical panels. Each unit includes a 16' x 14' overhead door and 5" flatwork, and the community is planned with soundproofing and a multi-camera security system. Access is managed through a Noke access system.

The property is located at 2727 French Rd Unit #1 in De Pere, WI 54115.

Additional amenities include a clubhouse with games and entertainment, as well as a complimentary wash bay.

Key Highlights

• Overdrive Motor Condos is a gated, pre‑construction motor and RV storage community (Year Built: 2026).
• Unit sizes range from 32' x 30' to 32' x 80', with customizable options including mezzanine build‑outs.
• Units feature 18.5' ceiling heights and insulated steel ceilings with maximum soundproofing.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,881

Cap Rate

6.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,620 $217.6K

Cap Rate 7%

$155,443 $155.4K

Cap Rate 9%

$120,900 $120.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,280 SF

Gross rent

$16.9K $13.20/SF

− Vacancy

−$1.4K −$1.06/SF

EGI

$15.5K $12.14/SF

− OpEx

−$4.7K −$3.64/SF

NOI

$10.9K $8.50/SF

Area

Brown County, WI

Vacancy

8.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,620

Cap Rate 7%

$155,443

Cap Rate 9%

$120,900

Alternative Uses

Best Use

Warehouse

$1.07M

$936.5K – $1.25M (±1% cap)

NOI $74,923 @ 7.0% cap · market cap 46.71%

Second Best

Self Storage

$155.4K

$136.0K – $181.4K (±1% cap)

NOI $10,881 @ 7.0% cap · market cap 6.78%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Spa & Massage Center Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft

Clear height

1

Service bays

Yes

Fenced yard

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 54115, WI

48,710

Population

20,415

Households

2.4

Avg Household Size

37

Median Age

40%

College-Educated

96%

High-School Grad

124.0 sq mi

ZIP Area

393

Density / Sq Mi

$92,023

Median Household Income

$46,843

Median Earnings

$1,071

Median Rent

$307,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Pre-construction gated storage community offering customizable units with high ceiling heights and overhead garage doors.

Where is this self storage facility located?

The property is located at 2727 French Rd Unit #1 De Pere, WI.

What is the asking price?

The asking price for this property is $160,400.

What are key features of this property?

This property features: Overdrive Motor Condos is a gated, pre‑construction motor and RV storage community (Year Built: 2026).; Unit sizes range from 32' x 30' to 32' x 80', with customizable options including mezzanine build‑outs.; Units feature 18.5' ceiling heights and insulated steel ceilings with maximum soundproofing.