Flex Space with Vaulted
For Sale
$518,000
10320 N Holly Rd, Grand Blanc, MI 48439
Finished condominium units include climate control, private half bathrooms, and dedicated electrical service.
Property Size3,000 SF
Price / SF$172.67
Days on Market72
Property Features for 10320 N Holly Rd
General Information
Standard status
Active
Size
3,000 SF
Warehouse & Industrial
Power
100 amps
Conditioned Warehouse
Yes
Additional Details
Utilities to Site
Yes
Amenities
security-gate access
outdoor lighting
snow removal
grounds maintenance
onsite dumpster
security cameras
Building Details
Year Built
2026
Listing Agency:
Gearhead Homes Realty Inc
Listed By:
Brian McNamara · License #6501376331
(248) 550-5221
Source:
Katie-k
Added: Aug 17
Changed: Oct 26
Last Checked: Oct 7 at 5:08PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Hollywood Garage Condos offers finished 3000 sq. ft. units configured for vehicle storage, hobbies, workspace, or small-business storage. Each unit includes a private half bathroom, floor drain with oil/water separation, reinforced concrete flooring, insulated walls and ceilings, LED lighting, and plumbing rough-ins for a utility sink. Standard mechanical features include forced-air gas heat, air conditioning with a Wi-Fi thermostat, a 14’ insulated garage door, 100-amp electrical service, outlets, an interior hose bib, and Comcast internet hookup. Ceilings measure 20’ at the front and taper to 17’ at the rear.
The 2026 development includes security-gate access, outdoor lighting, snow removal, grounds maintenance, an onsite dumpster, and security cameras. Units may be combined for additional square footage, while optional post-closing upgrades include a mezzanine, utility sink, ceiling fans, and enhanced electrical packages. The property is located at 10320 N Holly Road 2-A&B in Grand Blanc, Michigan 48439.
The 2026 development includes security-gate access, outdoor lighting, snow removal, grounds maintenance, an onsite dumpster, and security cameras. Units may be combined for additional square footage, while optional post-closing upgrades include a mezzanine, utility sink, ceiling fans, and enhanced electrical packages. The property is located at 10320 N Holly Road 2-A&B in Grand Blanc, Michigan 48439.
Key Highlights
- 3000 sq. ft. garage condominium units
- 20’ front ceiling height tapering to 17’ at the rear
- 14’ insulated garage door with window panels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,632
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,640
$412.6K
Cap Rate 7%
$294,743
$294.7K
Cap Rate 9%
$229,244
$229.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$27.0K $9.00/SF
− Vacancy
−$2.7K −$0.91/SF
EGI
$24.3K $8.09/SF
− OpEx
−$3.6K −$1.21/SF
NOI
$20.6K $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%
$412,640
Cap Rate 7%
$294,743
Cap Rate 9%
$229,244
Alternative Uses
Best Use
Warehouse
$294.7K
$257.9K – $343.9K
NOI $20,632 @ 7.0% cap · market cap 3.98%
Second Best
Industrial
$242.7K
$212.4K – $283.2K
NOI $16,991 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$631.3K
$552.4K – $736.5K
NOI $44,190 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
Well-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
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Finished condominium units include climate control, private half bathrooms, and dedicated electrical service.
Where is this flex space located?
The property is located at 10320 N Holly Rd Grand Blanc, MI.
What is the asking price?
The asking price for this property is $518,000.
What are key features of this property?
This property features: 3000 sq. ft. garage condominium units; 20’ front ceiling height tapering to 17’ at the rear; 14’ insulated garage door with window panels
