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Storage Garage Condos with Private Baths
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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 Size1,500 SF
Price / SF$173.27
Days on Market254

Property Features for 10320 N Holly Road 1B-1E

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail, Mixed Use, Industrial

Building Details

Year Built 2025
Listing Agency: eXp Commercial
Listed By: Brian McNamara · License #6505433427
Source: Crexi
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 5 at 4:37AM

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 eXp Commercial

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.

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
1,500 SF · lease $12.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$171.0K
$149.6K – $199.5K (±1% cap)
NOI $11,970 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$147.4K
$129.0K – $171.9K (±1% cap)
NOI $10,316 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$315.6K
$276.2K – $368.3K (±1% cap)
NOI $22,095 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

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.

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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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
More about this property
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