Warehouse Storage
10320 N Holly Road #3-A B & C, Grand Blanc, MI 48439
For Sale
$776,000
Finished interiors pair private restroom facilities with climate control, 100-amp electrical service and a 14-foot insulated garage door.
Property Size4,500 SF
Price / SF$172.44
Days on Market166
Property Features for 10320 N Holly Road #3-A B & C
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
Power
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Gearhead Homes Realty Inc
Listed By:
Brian McNamara · License MI #6501376331
(248) 974-6003
Source:
Housewant
Added: Jun 2
Changed: Nov 11
Last Checked: Nov 13 at 3:50PM
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 Gearhead Homes Realty Inc
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Investment Insights
Based on property information with market context.
This 4,500-square-foot warehouse storage condo is planned with 20-foot front ceilings that taper to 17 feet at the rear. Finished interiors include block and drywall, R19 insulated walls, R38 insulated ceilings, reinforced concrete floors with a vapor barrier, LED lighting and a private half bathroom. A floor drain incorporates filtration and oil-water separation. The unit also has a 14-foot insulated garage door with window panels, a jackshaft opener, 100-amp electrical service, forced-air gas heat and A/C, and plumbing for water and gas. Utility-sink plumbing rough-ins and a Comcast internet hookup are included.
The commercial-zoned property is at 10320 N Holly Road in Grand Blanc, Michigan. Association dues cover security-gate access, cameras, outdoor lighting, snow removal, grounds maintenance and an onsite dumpster. Units may be combined for additional area. Optional post-closing upgrades include a mezzanine, utility sink, ceiling fans and enhanced electrical packages.
The commercial-zoned property is at 10320 N Holly Road in Grand Blanc, Michigan. Association dues cover security-gate access, cameras, outdoor lighting, snow removal, grounds maintenance and an onsite dumpster. Units may be combined for additional area. Optional post-closing upgrades include a mezzanine, utility sink, ceiling fans and enhanced electrical packages.
Key Highlights
- 4,500‑square‑foot warehouse storage condo
- Ceilings measure 20 feet at the front and taper to 17 feet at the rear
- 14‑foot insulated garage door with window panels and jackshaft opener
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,948
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,960
$619.0K
Cap Rate 7%
$442,114
$442.1K
Cap Rate 9%
$343,867
$343.9K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$40.5K $9.00/SF
− Vacancy
−$4.1K −$0.91/SF
EGI
$36.4K $8.09/SF
− OpEx
−$5.5K −$1.21/SF
NOI
$30.9K $6.88/SF
Area
Genesee County, MI
Vacancy
10.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,960
Cap Rate 7%
$442,114
Cap Rate 9%
$343,867
Alternative Uses
Best Use
Warehouse
$442.1K
$386.9K – $515.8K
NOI $30,948 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$946.9K
$828.6K – $1.10M
NOI $66,284 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48439, MI
51,719
Population
22,101
Households
2.3
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
949
Density / Sq Mi
$88,505
Median Household Income
$47,506
Median Earnings
$1,035
Median Rent
$250,800
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Genesee County, MI
Properties on Market for Warehouses in Genesee County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- ABW Self Storage Unit — 4179 McCandlish Rd, Grand Blanc, MI 48439
- Grand Blanc Storage — 8006 Holly Rd, Grand Blanc, MI 48439
Frequently Asked Questions
What type of property is this?
Warehouse - Finished interiors pair private restroom facilities with climate control, 100-amp electrical service and a 14-foot insulated garage door.
Where is this warehouse located?
The property is located at 10320 N Holly Road #3-A B & C Grand Blanc, MI.
What is the asking price?
The asking price for this property is $776,000.
What are key features of this property?
This property features: 4,500‑square‑foot warehouse storage condo; Ceilings measure 20 feet at the front and taper to 17 feet at the rear; 14‑foot insulated garage door with window panels and jackshaft opener
