Building Details

Year Built 2026

Listing Agency: RLT Real Estate LLC

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

Source: Moving2greenbay

Added: Aug 12 Changed: Oct 4 Last Checked: Oct 7 at 3:29PM

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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 planned gated storage community for motor and recreational vehicles at 2727 French Rd in De Pere, Wisconsin. Units range from 32' x 30' to 32' x 80' and are scheduled for completion in 2026. Configurations can include mezzanine build-outs, with 18.5' ceiling heights and 16' x 14' overhead doors supporting vehicle storage and interior customization.

Each unit is planned with gas, electric, sewer, and water service, along with 200-amp electrical panels, drywall interior walls, insulated steel ceilings, maximum soundproofing, and 5" flatwork. Community features include a Noke access system, multi-camera security, a clubhouse with games and entertainment, and a complimentary wash bay.

Key Highlights

• Unit sizes range from 32' x 30' to 32' x 80'
• 18.5' ceiling heights with 16' x 14' overhead doors
• Gas, electric, sewer, and water service included

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

Is this asking price fair?

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

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

Drive-in doors

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 storage units offer customizable interiors, dedicated utilities, and controlled community access.

Where is this self storage facility located?

The property is located at 2727 French Rd Unit #13 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: Unit sizes range from 32' x 30' to 32' x 80'; 18.5' ceiling heights with 16' x 14' overhead doors; Gas, electric, sewer, and water service included