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Gated Motor Vehicle Storage Facility
For Sale
$194,900

2727 French Rd Unit #2, De Pere, WI 54115

Pre-construction storage condos feature high ceilings, large overhead doors, and utility hookups within a gated, secured community.

Property Size1,600 SF
Price / SF$121.81
Days on Market93

Property Features for 2727 French Rd Unit #2

General Information

Standard status Active
Size 1,600 SF

Additional Details

Clear Height 18.5 ft

Amenities

clubhouse
wash bay

Building Details

Year Built 2026
Listing Agency: RLT Real Estate LLC
Listed By: Casey L. Ladowski · License #5656790
Source: Smartteamhomes
Added: Jul 21 Changed: Oct 8 Last Checked: Oct 7 at 3:11PM

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 storage. Phase 1 sales are underway, with unit sizes ranging from 32' x 30' up to as large as 32' x 80'. Units are planned with high 18.5' ceiling heights, drywall interior walls, insulated steel ceilings, and 16' x 14' overhead doors. The design includes optional mezzanine build-outs, with maximum soundproofing noted in the marketing materials, plus 200-amp electrical panels and 5" flatwork.

Planned services include gas, electric, sewer, and water. Access is set to be managed through a Noke access system, and the property is described as equipped with a multi-camera security system.

Community amenities are planned as well, including a clubhouse with games/entertainment and a complimentary wash bay. The listing is for 2727 French Rd Unit #2 in De Pere, Wisconsin 54115.

Key Highlights

  • Pre‑construction gated storage condo community designed for motor & recreational vehicle enthusiasts
  • Unit sizes from 32' x 30' up to 32' x 80'
  • High 18.5' ceiling heights with 16' x 14' overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,601
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,020 $272.0K
Cap Rate 7%
$194,300 $194.3K
Cap Rate 9%
$151,122 $151.1K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$21.1K $13.20/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$19.4K $12.14/SF
− OpEx
−$5.8K −$3.64/SF
NOI
$13.6K $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%
$272,020
Cap Rate 7%
$194,300
Cap Rate 9%
$151,122

Alternative Uses

Best Use
Warehouse
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,654 @ 7.0% cap · market cap 48.05%
Second Best
Self Storage
$194.3K
$170.0K – $226.7K (±1% cap)
NOI $13,601 @ 7.0% cap · market cap 6.98%
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

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Self storage facility - Pre-construction storage condos feature high ceilings, large overhead doors, and utility hookups within a gated, secured community.
Where is this self storage facility located?
The property is located at 2727 French Rd Unit #2 De Pere, WI.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Pre‑construction gated storage condo community designed for motor & recreational vehicle enthusiasts; Unit sizes from 32' x 30' up to 32' x 80'; High 18.5' ceiling heights with 16' x 14' overhead door
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