10320 N Holly Road 1B-1E, Grand Blanc, MI 48439
Brand-new garage condominium units built for vehicle, RV, and hobby storage with finished interiors and private half baths.
Property Features for 10320 N Holly Road 1B-1E
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 10320 N Holly Road, with association-maintained shared services intended to support secure, convenient access.
For tenants, buyers, or operators seeking a private, finished garage condo format, these units provide on-site storage plus usable workspace improvements, including dedicated restroom facilities and utility-ready plumbing. Association dues are stated at $96/month and cover security-gate access, outdoor lighting, snow removal, grounds maintenance, an on-site dumpster, and security cameras.
Key Highlights
- Brand‑new Holly Woods Garage Condos/Storage Condos (Year built: 2025) with finished interiors and private half bathrooms
- Premium 1,500 SF garage units sized 30’W x 50’D, designed for car collectors, RV, boat, hobby, or small‑business storage/workspace
- Vaulted ceilings: 20’ at the front tapering to 17’ at the rear, plus reinforced concrete floors with vapor barrier and LED lighting
Financial Insights For Self Storage
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 | $18.0k | $12.00 |
| − Vacancy | −$900 | −$0.60 |
| EGI | $17.1k | $11.40 |
| − OpEx | −$5.1k | −$3.42 |
| NOI | $12.0k | $7.98 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 48439, MI
Market
Vacancy Rate% for Industrial in Midwest region