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    Garage Condo Storage Units Title is generated by Realmo AI

    10320 N Holly Road 2- A&B, Grand Blanc, MI 48439

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    Claim this Listing
    New
    For Sale
    $518,000

    Fully finished premium garage condo units with private half baths, insulation, and climate control for collectors and small businesses.

    Type:Commercial
    Property size:
    3,000 SF
    Price / SF:
    $172/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:29 am

    Property Features for 10320 N Holly Road 2- A&B

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Brian McNamara
    Brian McNamara

    Listing agent Brian McNamara License #6501376331

    Listing office

    Listing date Jun 3, 2026

    Source Elliman

    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 Brian McNamara

    HighLights

    • Newly built (2026) Hollywood Garage Condos/storage condos with premium 3,000 SF garage units
    • Each unit includes a private half bathroom, vaulted ceilings (20' tapering to 17'), and a floor drain with oil/water separation system
    • Interiors are fully finished with block and drywall, R19 insulated walls and R38 insulated ceilings, plus reinforced concrete floors with vapor barrier
    • Each unit features LED lighting, forced‑air gas heat and A/C, Wi‑Fi thermostat, 100‑amp electrical service with outlets, and a 14' insulated garage door
    • Security‑gate access community with association dues of $96/month, covering outdoor lighting, snow removal, grounds maintenance, onsite dumpster, and security cameras
    • Optional post‑closing upgrades include mezzanine level and utility sink; units may also be combined for additional square footage

    Overview

    These Hollywood Garage Condos / Storage Condos offer premium garage units designed for car collectors, RV, boat, hobbyists, and small-business storage or workspace needs. Each unit features fully finished interiors with block and drywall and insulated walls and ceilings. Vaulted ceilings run from 20’ at the front tapering to 17’ at the rear. Units include a private half bathroom and a floor drain with a filter and oil/water separation system, along with reinforced concrete floors with a vapor barrier and LED lighting. Garage doors measure 14’ and are insulated with window panels, and each unit includes a jackshaft opener with remote, forced-air gas heat and A/C with a Wi-Fi thermostat, and a 100-amp electrical service with outlets. Plumbing rough-ins are included for a utility sink, along with plumbing for water and gas.

    The community is served by security-gate access with outdoor lighting, snow removal, and grounds maintenance, plus an onsite dumpster and security cameras. Association dues are $96 per month. The property also provides a Comcast internet hookup and an interior hose bib, and units are set up with pre-wiring for two ceiling fans. Optional upgrades after closing include a mezzanine level, utility sink, ceiling fans, and enhanced electrical packages.

    For tenants or owners seeking dedicated, climate-controlled storage that’s more finished than traditional self-storage, these units provide both utility and privacy through private bathrooms and finished work-ready interiors. Units may also be combined for additional space. Financing is available for qualified buyers.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Blanc
    County
    Genesee
    State
    Michigan
    Longitude
    -83.6316048
    Latitude
    42.8890151

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    FAQs

    What type of property is this?
    Self storage facility - Fully finished premium garage condo units with private half baths, insulation, and climate control for collectors and small businesses.
    Where is this self storage facility located?
    The property is located at 10320 N Holly Road 2- A&B 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: Newly built (2026) Hollywood Garage Condos/storage condos with premium 3,000 SF garage units; Each unit includes a private half bathroom, vaulted ceilings (20' tapering to 17'), and a floor drain with oil/water separation system; Interiors are fully finished with block and drywall, R19 insulated walls and R38 insulated ceilings, plus reinforced concrete floors with vapor barrier
    (248) 974-6003
    We can help!
    Listing Contact
    Brian McNamara
    Brian McNamara
    Real Estate License ID: 6501376331
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    10320 N Holly Road 2- A&B, GrandBlancCity_Genesee, MI 48439
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