Standalone Flex Industrial
10460 N Holly Road Holly, MI 48442
10460 N Holly Road, Holly, MI, 48442
$599,000
For Sale
$599,000
Standalone facility with a 5,000-sf insulated warehouse, heated workspace, and 1,500-sf office with HVAC.
Property Size6,105 SF
Lot Size1.77 Acres
Price / SF$98.12
Days on Market8
Property Features for 10460 N Holly Road
General Information
- Standard status
- Active
- Size
- 6,105 SF
- Lot size
- 1.77 Acres
- Property subtype
- Commercial
Listing agency
Keller Williams First
(810) 348-7512
Listed by
Lynn M Mattila · License #123055
(810) 348-7512
Source
Sabudarealty
Added: Jul 15 Updated: Jul 22 at 12:47AM Checked: Jul 22 at 12:47AM
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 Keller Williams First
Investment Insights
Based on property information with market context.
Standalone flex-style industrial facility totaling 6,105 sq. ft. on 1.77 acres of light industrial land with city water and sewer. The 5,000-sf warehouse is divided into two sections and features newly upgraded high-efficiency LED lighting throughout, with an insulated interior. One half includes radiant tube heating for year-round work. Loading is supported by three 8-ft overhead doors, with 8-ft clear height and a central partition height of 14'9".
The remaining 1,500 sq. ft. includes a move-in ready office area with a lobby, two private offices, a full kitchen, and a bathroom, served by dedicated HVAC.
Electrical service includes 400-amp capacity to support a range of light fabrication and service operations requiring both office and storage space.
The remaining 1,500 sq. ft. includes a move-in ready office area with a lobby, two private offices, a full kitchen, and a bathroom, served by dedicated HVAC.
Electrical service includes 400-amp capacity to support a range of light fabrication and service operations requiring both office and storage space.
Key Highlights
- 6,100 SF standalone facility on 1.77 acres in the Grand Blanc/Holly corridor
- 5,000 SF insulated warehouse with newly upgraded high‑efficiency LED lighting throughout
- Warehouse divided into two sections plus radiant tube heating on one half for year‑round work
Local Financial Insights For Warehouse
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 | $44.9k | $7.35 |
| − Vacancy | −$1.7k | −$0.27 |
| EGI | $43.2k | $7.08 |
| − OpEx | −$6.5k | −$1.06 |
| NOI | $36.7k | $6.02 |
6,105 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$902.0K
$789.3K – $1.05M
NOI $63,143 @ 7.0% cap · market cap 10.54%
Second Best
Warehouse
$524.7K
$459.1K – $612.2K
NOI $36,730 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,176 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Metropoulos Amplification
Association Or Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Standalone facility with a 5,000-sf insulated warehouse, heated workspace, and 1,500-sf office with HVAC.
Where is this flex space located?
The property is located at 10460 N Holly Road Holly, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 6,100 SF standalone facility on 1.77 acres in the Grand Blanc/Holly corridor; 5,000 SF insulated warehouse with newly upgraded high‑efficiency LED lighting throughout; Warehouse divided into two sections plus radiant tube heating on one half for year‑round work
