Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1A Fagan Rd Holly, MI 48442

    View on Map
    Sponsored
    Picture of Residential land & home lots at Fagan Rd 1A, Holly, MI
    For Sale
    $56,900

    Vacant Land - Holly, MI

    Lot size:
    1.98 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 14 at 3:06 pm

    Property Features for 1A Fagan Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    0122476007
    Lot size
    1.98 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kristine Mccarty
    Kristine Mccarty

    East Central, LLC (810) 515-1503

    Listing agent Kristine McCarty (810) 515-1503 License #123070

    Listing date Mar 13, 2026

    MLS# 50201492 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Holly, MI

    This 1.98-acre parcel of residential land is located in Holly, Michigan. The property is surrounded by nature, offering space for privacy and outdoor activities. It is conveniently located near downtown Holly, parks, shopping, and dining. The property is contingent on Holly Township finalizing the splits. No access is permitted without a scheduled appointment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Department Store Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holly
    County
    Oakland
    State
    Michigan
    Longitude
    -83.610986
    Latitude
    42.851852

    Nearby Similar for Sale

    • $325,000

      Downtown Holly Antique Building

      Unique retail building in downtown Holly with themed areas.
      216 S Broad St, Holly, MI 48442
      View Details
    • $325,000

      Downtown Holly Antique Building

      Unique retail building in downtown Holly with themed areas.
      216 S Broad St, Holly, MI 48442
      View Details
    • $895,000

      Church with Gymnasium and Classrooms

      Church with gymnasium, classrooms, kitchen, and ample parking.
      961 E Maple St, Holly, MI 48442
      View Details
    • $3,300,000

      Established Landscape Supply Company For Sale

      Turn-key landscape supply company serving the community for over 30 years.
      3080 Grange Hall Rd, Holly, MI 48442
      View Details
    • $895,000

      Church with Gymnasium and Parking

      Church with gymnasium, classrooms, kitchen, dining area, and parking.
      961 E Maple St, Holly, MI 48442
      View Details
    • $3,300,000

      Established Landscape Supply Company For Sale

      Turn-key landscape supply company serving the community for over 30 years.
      3080 Grange Hall Rd, Holly, MI 48442
      View Details
    • $899,000
      9,575 SF

      Historic Holly Restaurant - Prime Location

      Iconic eatery, ready for renovation.
      110 Battle Aly, Holly, MI 48442
      View Details
    • $725,000
      4,480 SF

      Holly Industrial Building - High ROI

      Downtown Holly, 4,480 sq ft, high rental income.
      1010 Saginaw St, Holly, MI 48442
      View Details
    • $175,000
      2,784 SF

      Holly Industrial Space - Prime Location

      Versatile building, 2784 sq ft, 0.26 acres.
      722 Sherman St, Holly, MI 48442
      View Details
    • $3,400,000
      23,249 SF

      Holly Warehouse Investment Opportunity

      High-yield warehouse, Consumers Energy lease.
      4100 Baldwin Rd, Holly, MI 48442
      View Details
    • $2,390,000
      58,000 SF

      Holly, MI Industrial Building

      ±58,000 SF Manufacturing/Warehouse
      407 Hadley St, Holly, MI 48442
      View Details
    • $2,390,000
      58,000 SF

      Industrial Building with Crane Bays

      58,000 SF industrial building with heavy power and cranes.
      407 Hadley St, Holly, MI 48442
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.98-acre parcel near downtown Holly, build your dream home.
    Where is this residential land & home lot located?
    The property is located at 1A Fagan Rd Holly, MI.
    What is the asking price?
    The asking price for this property is $56,900.
    What are key features of this property?
    This property features: - Large 1.98-acre parcel offers ample space and privacy.; - Conveniently located near downtown Holly, shopping, and dining.; - Surrounded by nature, ideal for outdoor activities.
    (810) 214-2524
    Request Owner's contact information
    1A Fagan Rd Holly, MI 48442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1A Fagan Rd
    Holly, MI 48442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1A Fagan Rd Holly, MI 48442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kristine Mccarty
    Kristine Mccarty
    Real Estate License ID: 123070
    (810) 214-2524 (810) 515-1503 (248) 394-0400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!