Commercial Real Estate Market in Holly, MI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
48 active listings and 454 off-market properties in Holly, MI. Commercial property asks $436/SF to buy and $18.23/SF/Yr to lease.
Market Trends
Holly, MI spans 85.9 square miles in Oakland County, Michigan. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Holly, MI asks $120/SF to buy. Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Retail
Retail space in Holly, MI asks $175/SF to buy. Vacancy runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Holly, MI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Holly, MI asks $159/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 78%
- Commercial 9.4%
- Industrial 6.8%
- Planned_development 4.7%
- Mixed use 1.1%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Commercial
Multifamily Residential
Manufacturing
Holly, MI zones 1,897 acres across 9 districts. Commercial zoning covers 9.4% of zoned land, residential 78% and industrial 6.8%. The largest single district is Single Family Residential at 52.1%. For commercial buyers the practical constraint is that only 16.2% of land carries a commercial or industrial designation.
Single Family Residential (R-1B)
It is intended to provide for low-density, detached one-family dwellings, and other facilities which serve the residents in the district.
Market overview
Demographics & Economy
Holly, MI has 21,803 residents in 9,722 households. Density runs 254 people per square mile. Median household income here is $80,281 and median gross rent $1,243 a month.
21,803
Population
9,722
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
85.9 sq mi
ZIP Area
254
Density / Sq Mi
$80,281
Median Household Income
$50,769
Median Earnings
$1,243
Median Rent
$252,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fenton | — | $17.47 |
| Davisburg | — | — |
| Springfield Township | — | — |
| Linden | — | — |
Commercial property in Holly, MI asks $436/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Holly?
Commercial property in Holly, MI asks an average of $436 per square foot. The 3 most recent recorded sales traded at a median of $52/SF, so asking sits 737% above the achieved median. Retail carries the highest asking price at $175/SF.
How much does it cost to lease commercial space in Holly?
Asking lease rates in Holly, MI average $18.23 per square foot per year.
What zoning applies to commercial property in Holly?
Holly, MI zones 1,897 acres across 9 districts, of which 9.4% is commercial and 6.8% industrial. The largest single district is Single Family Residential at 52.1% of zoned land. It is intended to provide for low-density, detached one-family dwellings, and other facilities which serve the residents in the district. Residential zoning covers 78% and open space 0%.
Where does Realmo's Holly market data come from?
Realmo compiles Holly, MI figures from 4 recent recorded sales, 38 active sale listings, 10 active lease listings, 454 tracked off-market properties, the current Holly zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 38 active for-sale and 10 active for-lease listings in Holly, MI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,897 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level, industrial vacancy is reported at Midwest region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
