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Finished Garage Condo
New
For Sale
$1,033,000

10320 N Holly Road, Grand Blanc, MI 48439

Purpose-built garage unit with climate control, private half bathroom, and dedicated electrical service.

Property Size6,000 SF
Price / SF$172.17
Days on Market2

Property Features for 10320 N Holly Road

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

Taxes and HOA fees

Annual Taxes $5,775

Amenities

private half bathroom
security-gate access
security cameras
onsite dumpster
grounds maintenance
snow removal

Building Details

Building Size 6,000 SF
Year Built 2026
Listing Agency: Gearhead Homes Realty Inc
Listed By: Brian McNamara · License #6501376331
Source: Eliterealtymi
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 6 at 3:04AM

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

Investment Insights

Based on property information with market context.

This 6,000-square-foot garage condo is designed for vehicle storage, hobby use, and small-business workspace. The unit includes vaulted ceilings measuring 20 feet at the front and tapering to 17 feet at the rear, a private half bathroom, floor drainage with oil/water separation, and finished block-and-drywall interiors. Construction details include R19 insulated walls, R38 insulated ceilings, reinforced concrete floors with a vapor barrier, and LED lighting.

A 14-foot insulated garage door with window panels provides access, supported by a remote-operated jackshaft opener. Building systems include 100-amp electrical service, forced-air gas heat and A/C with a Wi-Fi thermostat, an interior hose bib, plumbing for water and gas, and a Comcast internet hookup. The unit is pre-wired for two ceiling fans and includes rough-ins for a utility sink. Optional post-closing improvements include a mezzanine, utility sink, ceiling fans, and enhanced electrical packages. Units may be combined for additional square footage.

The property is zoned Commercial and includes security-gate access, outdoor lighting, snow removal, grounds maintenance, an onsite dumpster, and security cameras. Located at 10320 N Holly Road in Grand Blanc, Michigan, the garage condo was built in 2026.

Key Highlights

  • 6,000‑square‑foot garage condo with 20‑foot front ceiling height tapering to 17 feet at the rear
  • 14‑foot insulated garage door with window panels and remote jackshaft opener
  • 100‑amp electrical service, forced‑air gas heat and A/C, and Wi‑Fi thermostat

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.0k $9.00
− Vacancy −$5.5k −$0.91
EGI $48.5k $8.09
− OpEx −$7.3k −$1.21
NOI $41.3k $6.88
6,000 SF · lease $9.00/SF/yr · vacancy 10.10% · expense 15.00%

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.

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Plumbing Service Restaurant Spa & Massage Center

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

20 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby
Well-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

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Acument Global Technologies 4160 E Baldwin Rd, Holly, MI 48442

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Purpose-built garage unit with climate control, private half bathroom, and dedicated electrical service.
Where is this parking lot & garage located?
The property is located at 10320 N Holly Road 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 garage condo with 20‑foot front ceiling height tapering to 17 feet at the rear; 14‑foot insulated garage door with window panels and remote jackshaft opener; 100‑amp electrical service, forced‑air gas heat and A/C, and Wi‑Fi thermostat
More about this property
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