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10320 North Holly Road, Holly, MI, 48442
Storage Garage Condominiums

10320 North Holly Road Holly, MI 48442

For Sale
Contact for pricing

Individually finished garage condos with private half bath, climate comfort, and vehicle-friendly drainage features.

Property Size3,000 SF
Price / SF$172.67
Days on Market53

Property Features for 10320 North Holly Road

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Self Storage, Industrial, Mixed Use

Building Details

Year Built
2026
Listing Agency: eXp Commercial
Listed By: Brian McNamara · License #6505433427
Source: Crexi
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 23 at 2:57PM

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.

This offering consists of Holly Woods Garage Condos / Storage Condos with premium garage units built for vehicle collectors, RV and boat owners, hobbyists, and small-business storage or workspace needs. Each unit includes fully finished interiors with block and drywall, R19 insulated walls, and R38 insulated ceilings. The space is laid out with reinforced concrete floors with a vapor barrier, LED lighting, and a floor drain system with filter and oil/water separation. Units also feature a private half bathroom, plumbing rough-ins for a utility sink, and a 14’ insulated garage door with window panels, along with a jackshaft opener and remote. Mechanical and electrical provisions include forced-air gas heat and A/C with a Wi‑Fi thermostat, 100-amp electrical service with outlets, an interior hose bib, and Comcast internet hookup. Optional post-closing upgrades include mezzanine level, utility sink, ceiling fans, and enhanced electrical packages, and units may be combined for additional space.

The property is located at 10320 North Holly Road in Holly, Michigan. The association dues are $96 per month and cover security-gate access, outdoor lighting, snow removal, grounds maintenance, on-site dumpster service, and security cameras.

For tenants, buyers, or operators seeking a private, self-contained storage or small-workspace setup, these insulated, finished garage condos provide practical comfort and durability, including vapor barrier floors, vehicle-focused drainage, and dedicated restroom plumbing. The condo configuration and optional upgrade path allow buyers to tailor the unit features to their intended use while retaining independent access and managed common-area services.

Key Highlights

  • Phase 1 Holly Woods garage/storage condos—premium 3,000 SF garage units for car collectors, RV/boat owners, and storage/workspace needs
  • Each unit features vaulted ceilings (20’ front tapering to 17’ rear) plus a private half bathroom
  • Vehicle‑friendly drainage: floor drain with filter and oil/water separation system

Financial Insights For Flex RnD

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 $54.0k $18.00
− Vacancy −$6.3k −$2.09
EGI $47.7k $15.91
− OpEx −$16.7k −$5.57
NOI $31.0k $10.34
3,000 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$443.3K
$387.9K – $517.1K (±1% cap)
NOI $31,028 @ 7.0% cap · market cap 5.99%
Second Best
Self Storage
$427.5K
$374.1K – $498.8K (±1% cap)
NOI $29,925 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$647.1K
$566.2K – $754.9K (±1% cap)
NOI $45,295 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Building Supply Big Box & Wholesale Store Plumbing Service Carpet & Flooring Store Auto Parts Store Restaurant Storage Facility Daycare Center Auto Repair Shop Gym & Fitness Center

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

FAQs

What type of property is this?
Self storage facility - Individually finished garage condos with private half bath, climate comfort, and vehicle-friendly drainage features.
Where is this self storage facility located?
The property is located at 10320 North Holly Road Holly, 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: Phase 1 Holly Woods garage/storage condos—premium 3,000 SF garage units for car collectors, RV/boat owners, and storage/workspace needs; Each unit features vaulted ceilings (20’ front tapering to 17’ rear) plus a private half bathroom; Vehicle‑friendly drainage: floor drain with filter and oil/water separation system
More about this property
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