Storage Garage Condos with Private
10320 N Holly Road 1B-1E, Grand Blanc, MI 48439
For Sale
$259,900
Brand-new garage condominium units built for vehicle, RV, and hobby storage with finished interiors and private half baths.
Property Size1,500 SF
Days on Market146
Property Features for 10320 N Holly Road 1B-1E
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Gearhead Homes Realty Inc
Listed By:
Brian McNamara · License #6501376331
(248) 974-6003
Source:
Elliman
Added: Jun 17
Changed: Oct 26
Last Checked: Nov 8 at 6:21AM
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.
A brand-new Holly Woods Garage Condos offering premium 1,500 sq. ft. garage units (30’W x 50’D) suited for car collectors, RV owners, boat owners, hobbyists, and small-business storage or workspace needs. Each unit features vaulted ceilings, ranging from 20’ at the front to 17’ at the rear, and includes a private half bathroom. The buildings include a floor drain with a filter and an oil/water separation system, along with fully finished block and drywall interiors. Energy and comfort details include R19 insulated walls and R38 insulated ceilings, reinforced concrete floors with a vapor barrier, and LED lighting. Mechanical and utility provisions include plumbing rough-ins for a utility sink, a 14’ insulated garage door with window panels, a jackshaft opener with remote, 100-amp electrical service with outlets, forced-air gas heat and A/C, and a Wi-Fi thermostat. Additional infrastructure includes an interior hose bib, Comcast internet hookup, pre-wiring for two ceiling fans, and plumbing for water and gas.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$11,970
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,400
$239.4K
Cap Rate 7%
$171,000
$171.0K
Cap Rate 9%
$133,000
$133.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$18.0K $12.00/SF
− Vacancy
−$900 −$0.60/SF
EGI
$17.1K $11.40/SF
− OpEx
−$5.1K −$3.42/SF
NOI
$12.0K $7.98/SF
Area
Genesee County, MI
Vacancy
5.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,400
Cap Rate 7%
$171,000
Cap Rate 9%
$133,000
Alternative Uses
Best Use
Self Storage
$171.0K
$149.6K – $199.5K
NOI $11,970 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$147.4K
$129.0K – $171.9K
NOI $10,316 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$315.6K
$276.2K – $368.3K
NOI $22,095 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
$250,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Genesee County, MI
Properties on Market for Flex space in Genesee County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Brand-new garage condominium units built for vehicle, RV, and hobby storage with finished interiors and private half baths.
Where is this flex space located?
The property is located at 10320 N Holly Road 1B-1E Grand Blanc, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 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
