Building Details

Year Built 2026

Listing Agency: RLT Real Estate LLC

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

Source: Smartteamhomes

Added: Jul 28 Changed: Oct 25 Last Checked: Oct 7 at 3:37PM

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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.

This is a Phase 1 introductory pre-construction offering for a gated motor vehicle storage community designed for motor and recreational vehicle enthusiasts. Units are planned in multiple sizes, ranging from 32' x 30' up to 32' x 80', with high 18.5' ceiling heights. Each unit concept includes a 16' x 14' overhead door, drywall interior walls with insulated steel ceilings, and 5" flatwork, with electrical service described as 200-amp electric panels. The plan also calls for full utilities including gas, electric, sewer, and water, along with maximum soundproofing, and the ability to customize with features such as mezzanine build-outs.

Security and access are designed around an Noke access system and a multi-camera security system. Additional community amenities are planned, including a clubhouse with games/entertainment and a complimentary wash bay. Photos are described as virtually enhanced in the promotional materials.

Key Highlights

• Pre‑construction gated Overdrive Motor Condos storage community for motor and recreational vehicles
• Unit sizes range from 32' x 30' to 32' x 80' with 18.5' ceiling heights
• Units include 16' x 14' overhead door for drive‑up access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,762

Cap Rate

7.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$435,240 $435.2K

Cap Rate 7%

$310,886 $310.9K

Cap Rate 9%

$241,800 $241.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,560 SF

Gross rent

$33.8K $13.20/SF

− Vacancy

−$2.7K −$1.06/SF

EGI

$31.1K $12.14/SF

− OpEx

−$9.3K −$3.64/SF

NOI

$21.8K $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%

$435,240

Cap Rate 7%

$310,886

Cap Rate 9%

$241,800

Alternative Uses

Best Use

Warehouse

$2.14M

$1.87M – $2.50M (±1% cap)

NOI $149,847 @ 7.0% cap · market cap 50.81%

Second Best

Self Storage

$310.9K

$272.0K – $362.7K (±1% cap)

NOI $21,762 @ 7.0% cap · market cap 7.38%

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 gated storage units for motor and recreational vehicles with high ceilings and drive-up overhead doors.

Where is this self storage facility located?

The property is located at 2727 French Rd Unit #16 De Pere, WI.

What is the asking price?

The asking price for this property is $294,900.

What are key features of this property?

This property features: Pre‑construction gated Overdrive Motor Condos storage community for motor and recreational vehicles; Unit sizes range from 32' x 30' to 32' x 80' with 18.5' ceiling heights; Units include 16' x 14' overhead door for drive‑up access