Building Details

Year Built 2026

Listing Agency: RLT Real Estate LLC

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

Source: Smartteamhomes

Added: Jul 21 Changed: Oct 25 Last Checked: Oct 7 at 4:56PM

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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.

Phase 1 introductory pre-construction sale pricing is now available for Overdrive Motor Condos, a gated storage community designed for motor and recreational vehicle enthusiasts. Unit sizes are offered from 32’ x 30’ to as large as 32’ x 80’. Planned improvements include high 18.5’ ceiling heights, fully customizable unit options with potential mezzanine build-outs, and maximum soundproofing. Each unit package includes full utilities (gas, electric, sewer, and water), drywall interior walls, insulated steel ceilings, 5” flatwork, and 200-amp electrical panels. Units are planned with 16’ x 14’ overhead doors, and common access and security features include a Noke access system and a multi-camera security system.

The property is located at 2727 French Rd, Unit #27, in De Pere, WI 54115. Community amenities are planned to include a clubhouse with games and entertainment, along with a complimentary wash bay. Photos are described as virtually enhanced in the promotional materials.

Key Highlights

• Gated storage community for motor & recreational vehicle enthusiasts with high 18.5‑ft ceiling heights
• Units range from 32'×30' to 32'×80', with customizable mezzanine build‑outs
• Each unit includes a 16'×14' overhead door and premium interior finish with drywall interior walls and insulated steel ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,881

Cap Rate

6.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$217,620 $217.6K

Cap Rate 7%

$155,443 $155.4K

Cap Rate 9%

$120,900 $120.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,280 SF

Gross rent

$16.9K $13.20/SF

− Vacancy

−$1.4K −$1.06/SF

EGI

$15.5K $12.14/SF

− OpEx

−$4.7K −$3.64/SF

NOI

$10.9K $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%

$217,620

Cap Rate 7%

$155,443

Cap Rate 9%

$120,900

Alternative Uses

Best Use

Warehouse

$1.07M

$936.5K – $1.25M (±1% cap)

NOI $74,923 @ 7.0% cap · market cap 46.71%

Second Best

Self Storage

$155.4K

$136.0K – $181.4K (±1% cap)

NOI $10,881 @ 7.0% cap · market cap 6.78%

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

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 - Gated self-storage community with high 18.5-foot ceilings and 16-by-14 overhead doors.

Where is this self storage facility located?

The property is located at 2727 French Rd Unit #27 De Pere, WI.

What is the asking price?

The asking price for this property is $160,400.

What are key features of this property?

This property features: Gated storage community for motor & recreational vehicle enthusiasts with high 18.5‑ft ceiling heights; Units range from 32'×30' to 32'×80', with customizable mezzanine build‑outs; Each unit includes a 16'×14' overhead door and premium interior finish with drywall interior walls and insulated steel ceilings