Storage Condo with Overhead
53-6364 Cross Road, Winneconne, WI 54986
For Sale
$199,900
Executive storage condo designed for secure, lock-and-leave storage with an oversized overhead door and vehicle access lanes.
Property Size1,536 SF
Price / SF$130.14
Days on Market271
Property Features for 53-6364 Cross Road
General Information
Standard status
Size
Warehouse & Industrial
Clear Height
Drive-In Doors
Taxes and HOA fees
Annual Taxes
Listing Agency:
Beiser Realty, LLC
(920) 582-4011
Listed By:
Dennis M. Biggar · License WI 90-56064
(920) 379-4531
Source:
Exprealty
Added: Feb 13
Changed: Nov 3
Last Checked: Nov 8 at 8:46AM
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 Beiser Realty, LLC
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Investment Insights
Based on property information with market context.
This all-new storage condominium unit is designed for true lock-and-leave ownership, with a layout suited to storing RVs, boats, vehicles, and other recreational items. The Executive B Unit offers a spacious footprint with 16' exterior wall height and a 14' x 14' overhead door for straightforward vehicle and equipment access.
The property is served by extra-wide private roads and 24' driveways that are intended to support easy maneuvering into and out of the unit. The condo association manages road upkeep and a water system sourced from the pump house to the properties, aiming to keep ongoing ownership responsibilities streamlined.
For owners looking for a purpose-built storage setup, this unit’s combination of height, overhead door size, and on-site drive access supports practical, everyday storage use. Buyers considering a storage condo can also factor in the association-provided maintenance approach for the road and water system tied to the community.
The property is served by extra-wide private roads and 24' driveways that are intended to support easy maneuvering into and out of the unit. The condo association manages road upkeep and a water system sourced from the pump house to the properties, aiming to keep ongoing ownership responsibilities streamlined.
For owners looking for a purpose-built storage setup, this unit’s combination of height, overhead door size, and on-site drive access supports practical, everyday storage use. Buyers considering a storage condo can also factor in the association-provided maintenance approach for the road and water system tied to the community.
Key Highlights
- Executive B storage condo with 32' x 48' footprint and 16' exterior wall height.
- 14' x 14' overhead door for vehicle and storage access.
- 28' private roads and 24' driveways for easier entry and maneuvering.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,888
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,760
$277.8K
Cap Rate 7%
$198,400
$198.4K
Cap Rate 9%
$154,311
$154.3K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$21.6K $14.04/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$19.8K $12.92/SF
− OpEx
−$6.0K −$3.88/SF
NOI
$13.9K $9.04/SF
Area
Winnebago County, WI
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,760
Cap Rate 7%
$198,400
Cap Rate 9%
$154,311
Alternative Uses
Best Use
Self Storage
$198.4K
$173.6K – $231.5K
NOI $13,888 @ 7.0% cap · market cap 6.95%
Second Best
Warehouse
$131.9K
$115.4K – $153.9K
NOI $9,234 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$331.5K
$290.1K – $386.8K
NOI $23,207 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
Demographics for 54986, WI
5,138
Population
2,628
Households
2
Avg Household Size
49
Median Age
31%
College-Educated
96%
High-School Grad
29.0 sq mi
ZIP Area
177
Density / Sq Mi
$90,479
Median Household Income
$55,862
Median Earnings
$905
Median Rent
$280,500
Median Home Value
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Market
Average Price Trend$/SF for Self storage facilities in Winneconne, WI
Properties on Market for Self storage facilities in Winneconne
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Executive storage condo designed for secure, lock-and-leave storage with an oversized overhead door and vehicle access lanes.
Where is this self storage facility located?
The property is located at 53-6364 Cross Road Winneconne, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Executive B storage condo with 32' x 48' footprint and 16' exterior wall height.; 14' x 14' overhead door for vehicle and storage access.; 28' private roads and 24' driveways for easier entry and maneuvering.
