Customizable Flex Space
For Sale
$294,900
2727 French Rd Unit #19, De Pere, WI 54115
Pre-construction unit in a gated motor and recreational vehicle community with utilities, controlled entry, and customizable interiors.
Property Size2,560 SF
Price / SF$115.20
Days on Market31
Property Features for 2727 French Rd Unit #19
General Information
Standard status
Active
Size
2,560 SF
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
18.5 ft
Power
200 amps
Amenities
clubhouse with games/entertainment
complimentary wash bay
Noke access system
multi-camera security system
Building Details
Year Built
2026
Listing Agency:
RLT Real Estate LLC
(920) 471-5587
Listed By:
Casey L. Ladowski · License #90-56567
Source:
Lisakawula
Added: Jul 30
Changed: Aug 29
Last Checked: Aug 29 at 1:31PM
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 flex space unit is part of a gated community planned for motor and recreational vehicle enthusiasts. Available configurations range from 32' x 30' to 32' x 80', with 18.5' ceiling heights and 16' x 14' overhead doors. Interior specifications include drywall walls, insulated steel ceilings, 5" concrete flatwork, and 200-Amp electrical panels.
The development is planned for 2727 French Rd Unit #19 in De Pere, Wisconsin, with completion targeted for 2026. Full utility connections include gas, electricity, sewer, and water. Access and security features include the Noke entry system and a multi-camera security system. Owners will also have access to a clubhouse with games and entertainment, along with a wash bay.
The development is planned for 2727 French Rd Unit #19 in De Pere, Wisconsin, with completion targeted for 2026. Full utility connections include gas, electricity, sewer, and water. Access and security features include the Noke entry system and a multi-camera security system. Owners will also have access to a clubhouse with games and entertainment, along with a wash bay.
Key Highlights
- Unit configurations from 32' x 30' to 32' x 80'
- 18.5' ceiling heights with 16' x 14' overhead doors
- 200‑Amp electrical panels and full gas, electric, sewer, and water utilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,236
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,720
$444.7K
Cap Rate 7%
$317,657
$317.7K
Cap Rate 9%
$247,067
$247.1K
Market Conditions
NOI Build-Up for 2,560 SF
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.
Gross rent
$36.9K $14.40/SF
− Vacancy
−$2.7K −$1.04/SF
EGI
$34.2K $13.36/SF
− OpEx
−$12.0K −$4.68/SF
NOI
$22.2K $8.69/SF
Area
Brown County, WI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$444,720
Cap Rate 7%
$317,657
Cap Rate 9%
$247,067
Alternative Uses
Best Use
Warehouse
$2.14M
$1.87M – $2.50M
NOI $149,847 @ 7.0% cap · market cap 50.81%
Second Best
Industrial
$1.76M
$1.54M – $2.06M
NOI $123,403 @ 7.0% cap · market cap 41.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Pre-construction unit in a gated motor and recreational vehicle community with utilities, controlled entry, and customizable interiors.
Where is this flex space located?
The property is located at 2727 French Rd Unit #19 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: Unit configurations from 32' x 30' to 32' x 80'; 18.5' ceiling heights with 16' x 14' overhead doors; 200‑Amp electrical panels and full gas, electric, sewer, and water utilities
