Standalone Flex Industrial
10460 N Holly Road Holly, MI 48442
New
10460 N Holly Road, Holly, MI, 48442
$599,000
For Sale
$599,000
COMMERCIAL - Holly, MI
Property Size6,105 SF
Lot Size1.77 Acres
Price / SF$98.12
Days on Market4
Property Features for 10460 N Holly Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 12-33-400-016
- Size
- 6,105 SF
- Lot size
- 1.77 Acres
Utilities
- Water source
- Public
Building Details
- Roof type
- Rubber
Listing Agency
Keller Williams First
(810) 515-1503
10785 S Saginaw St Suite E, Grand Blanc, MI
Listed by
Lynn Mattila · License #123055
(810) 348-7512
Added: Jul 15 Checked: Jul 18 at 12:06 pm
MLS# 50215021
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Investment Insights
Based on property information with market context.
Standalone flex industrial facility offering warehouse and office space within a single, self-contained building. The warehouse totals 5,000 sq. ft. and is divided into two sections, with newly upgraded high-efficiency LED lighting throughout. The workspace is fully insulated and one half is equipped with radiant tube heating, supported by an 8 ft overhead door loading setup and an 8 ft clear height, along with a central partition height of 14'9".
The property also includes 1,500 sq. ft. of move-in ready space with a lobby, two private offices, a full kitchen, and a bathroom, all supported by dedicated HVAC. In addition, the site sits on 1.77 acres of light industrial land with city water and sewer, and the property provides a 400-amp service for electrical capacity.
The building’s combination of insulated warehouse configuration, year-round-capable heating in part of the workspace, and adjacent office amenities supports operations needing both storage and on-site administrative space.
The property also includes 1,500 sq. ft. of move-in ready space with a lobby, two private offices, a full kitchen, and a bathroom, all supported by dedicated HVAC. In addition, the site sits on 1.77 acres of light industrial land with city water and sewer, and the property provides a 400-amp service for electrical capacity.
The building’s combination of insulated warehouse configuration, year-round-capable heating in part of the workspace, and adjacent office amenities supports operations needing both storage and on-site administrative space.
Key Highlights
- 6,100 SF standalone facility on 1.77 acres in the Grand Blanc/Holly corridor
- 5,000 SF warehouse divided into two sections with high‑efficiency LED lighting and fully insulated space
- Warehouse includes radiant tube heating in one half and 3 overhead doors (8 ft) for loading
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
Property Profile
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 insulated warehouse, multiple overhead doors, and office/lobby space with dedicated 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 warehouse divided into two sections with high‑efficiency LED lighting and fully insulated space; Warehouse includes radiant tube heating in one half and 3 overhead doors (8 ft) for loading
