Building Details

Year Built 2026

Listing Agency: RLT Real Estate LLC

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

Source: Lisakawula

Added: Aug 10 Changed: Oct 10 Last Checked: Oct 7 at 1:36PM

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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

Investment Insights

Based on property information with market context.

This pre-construction parking garage property is part of a gated storage community designed for motor and recreational vehicle enthusiasts. Units range from 32' x 30' to 32' x 80' and are customizable with mezzanine build-outs. The property is scheduled for construction in 2026 and includes 1,920 square feet of property size.

Planned unit features include 18.5-foot ceiling heights, a 16' x 14' overhead door, 200-amp electrical panels, drywall interior walls, insulated steel ceilings, and 5-inch flatwork. Full gas, electrical, sewer, and water utilities are included, along with soundproofing, a Noke access system, and multi-camera security.

Community amenities are planned to include a clubhouse with games and entertainment and a complimentary wash bay. The property is located at 2727 French Rd, Unit #11, in De Pere, Wisconsin.

Key Highlights

• Motor and recreational vehicle storage community with gated access
• Units range from 32' x 30' to 32' x 80'
• 18.5' ceiling heights and 16' x 14' overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,322

Cap Rate

7.10%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$326,440 $326.4K

Cap Rate 7%

$233,171 $233.2K

Cap Rate 9%

$181,356 $181.4K

Market Conditions

NOI Build-Up for 1,920 SF

Gross rent

$25.3K $13.20/SF

− Vacancy

−$2.0K −$1.06/SF

EGI

$23.3K $12.14/SF

− OpEx

−$7.0K −$3.64/SF

NOI

$16.3K $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%

$326,440

Cap Rate 7%

$233,171

Cap Rate 9%

$181,356

Alternative Uses

Best Use

Warehouse

$1.61M

$1.40M – $1.87M (±1% cap)

NOI $112,385 @ 7.0% cap · market cap 48.91%

Second Best

Self Storage

$233.2K

$204.0K – $272.0K (±1% cap)

NOI $16,322 @ 7.0% cap · market cap 7.10%

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

Parking lots & garages

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

Yes

Fenced yard

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Well-served

Demand for This Use

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this parking lots & garages located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Parking lot & garage - Pre-construction motor and recreational vehicle storage with customizable interiors, full utilities, and controlled community access.

Where is this parking lot & garage located?

The property is located at 2727 French Rd Unit #11 De Pere, WI.

What is the asking price?

The asking price for this property is $229,800.

What are key features of this property?

This property features: Motor and recreational vehicle storage community with gated access; Units range from 32' x 30' to 32' x 80'; 18.5' ceiling heights and 16' x 14' overhead doors