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Flex Space with Private Garage

10320 N Holly Road #4-A B C D, Grand Blanc, MI 48439

For Sale
$1,033,000

Finished interior, climate control, a private half bath, and a floor drainage system support storage and workspace use.

Property Size6,000 SF
Price / SF$172.17
Days on Market166

Property Features for 10320 N Holly Road #4-A B C D

General Information

Standard status Active
Size 6,000 SF
Property subtype Commercial
Zoning Commercial

Warehouse & Industrial

Clear Height 20 ft
Drive-In Doors 1
Power 100 amps
Conditioned Warehouse Yes

Additional Details

Property Use Storage

Taxes and HOA fees

Annual Taxes $5,775

Amenities

security-gate access
outdoor lighting
snow removal
grounds maintenance
onsite dumpster
security cameras

Building Details

Building Size 6,000 SF
Year Built 2026
Stories 1
Listing Agency: Gearhead Homes Realty Inc
Listed By: Brian McNamara · License MI #6501376331
Source: Housewant
Added: Jun 2 Changed: Nov 11 Last Checked: Nov 13 at 4:32PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 6,000-square-foot flex unit is configured for vehicle, equipment, or business storage, with a private half bath and floor drain equipped with oil-and-water separation. The finished interior includes block and drywall surfaces, insulated walls and ceiling, reinforced concrete flooring with a vapor barrier, LED lighting, and plumbing rough-ins for a utility sink. A 14-foot insulated garage door, 100-amp electrical service, forced-air gas heat, and air conditioning are also included. The unit is built with vaulted ceilings that measure 20 feet at the front and taper to 17 feet at the rear.

The property is zoned Commercial and has a 2026 year built. Additional features include an interior hose bib, a Comcast internet hookup, wiring for two ceiling fans, and water and gas plumbing. Units may be combined to create more space, and optional post-closing upgrades include a mezzanine, utility sink, ceiling fans, and expanded electrical packages.

Key Highlights

  • 6,000‑square‑foot flex unit with private half bath and filtered floor drain
  • Ceiling height tapers from 20 feet at the front to 17 feet at the rear
  • 14‑foot insulated garage door with window panels and remote‑operated jackshaft opener

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,264
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,280 $825.3K
Cap Rate 7%
$589,486 $589.5K
Cap Rate 9%
$458,489 $458.5K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$5.5K −$0.91/SF
EGI
$48.5K $8.09/SF
− OpEx
−$7.3K −$1.21/SF
NOI
$41.3K $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%
$825,280
Cap Rate 7%
$589,486
Cap Rate 9%
$458,489

Alternative Uses

Best Use
Warehouse
$589.5K
$515.8K – $687.7K (±1% cap)
NOI $41,264 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$485.5K
$424.8K – $566.4K (±1% cap)
NOI $33,982 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,379 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

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

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 Flex space in Genesee County, MI

$57.32 Jul
$69.9 Aug
$69.35 Sep
$65.34 Oct

Properties on Market for Flex space in Genesee County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Firehouse Subs Grand Blanc — 11501 S Saginaw St B, Grand Blanc, MI 48439

Frequently Asked Questions

What type of property is this?
Flex space - Finished interior, climate control, a private half bath, and a floor drainage system support storage and workspace use.
Where is this flex space located?
The property is located at 10320 N Holly Road #4-A B C D Grand Blanc, MI.
What is the asking price?
The asking price for this property is $1,033,000.
What are key features of this property?
This property features: 6,000‑square‑foot flex unit with private half bath and filtered floor drain; Ceiling height tapers from 20 feet at the front to 17 feet at the rear; 14‑foot insulated garage door with window panels and remote‑operated jackshaft opener
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Includes: Price & PSF · Cap rate · Location · Zoning

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