Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15310 Fish Lk Rd Holly, MI 48442-8395

    • Auto shops
    • 6,360 SF
    • 3.06 lot acres
    OFF-MARKET
    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1437784
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Armstead Automotive Repair & Service Inc. / Auto Repair Shop

    Property Details for 15310 Fish Lk Rd

    Year built
    1960
    Lot size
    3.06 lot acres
    Property size
    6,360 SF
    Zone code
    C2
    Property type
    Auto shops
    APN
    I -01-29-426-004
    APU
    I0129426004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $769,000
      Market price range: $357k - $1.27M
      AI Estimate
      $585,000
      Market price range: $227k - $969k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $780,000
      Current use
      COMMERCIAL (GENERAL)
      $1,120,000
      Change: +44% Conversion: Moderate
      RESTAURANT
      $1,100,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $1,075,000
      Change: +38% Conversion: Difficult
      MEDICAL BUILDING
      $1,005,000
      Change: +29% Conversion: Difficult
      OFFICE BUILDING
      $745,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holly
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6487
    Latitude
    42.8056
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,426
    $0.00
    $0.00
    $309,320
    -
    $0.00
    $0.00
    $618,640

    Comparable in this City

    • Value Estimation by Request
      3,960 SF

      111 Elm St

      AUTO REPAIR, GARAGE • 3,960 SF
      111 Elm St, Holly, MI 48442-1402
      View Details
    • Value Estimation
      $1,475,000
      14,449 SF

      6090 Belford Rd

      AUTO REPAIR, GARAGE • 14,449 SF
      6090 Belford Rd, Holly, MI 48442-9443
      View Details
    • Value Estimation by Request
      12,050 SF

      12475 Dixie Hwy

      AUTO REPAIR, GARAGE • 12,050 SF
      12475 Dixie Hwy, Holly, MI 48442-9402
      View Details
    • Value Estimation by Request
      7,380 SF

      6400 Mcclelland Rd

      AUTO REPAIR, GARAGE • 7,380 SF
      6400 Mcclelland Rd, Holly, MI 48442-8445
      View Details
    • Value Estimation
      $1,760,000
      8,289 SF

      4092 Grange Hall Rd

      AUTO REPAIR, GARAGE • 8,289 SF
      4092 Grange Hall Rd, Holly, MI 48442-1110
      View Details
    • Value Estimation by Request
      1,220 SF

      101 Maple St

      AUTO REPAIR, GARAGE • 1,220 SF
      101 Maple St, Holly, MI 48442-1586
      View Details

    Similar Nearby for Sale

    • $325,000

      Downtown Holly Antique Building

      Unique retail building in downtown Holly with themed areas.
      216 S Broad St, Holly, MI 48442
      View Details
    • $899,000
      9,575 SF

      Historic Holly Restaurant - Prime Location

      Iconic eatery, ready for renovation.
      110 Battle Aly, Holly, MI 48442
      View Details
    • $325,000

      Downtown Holly Antique Building

      Unique retail building in downtown Holly with themed areas.
      216 S Broad St, Holly, MI 48442
      View Details
    • $175,000
      2,784 SF

      Holly Industrial Space - Prime Location

      Versatile building, 2784 sq ft, 0.26 acres.
      722 Sherman St, Holly, MI 48442
      View Details
    • $185,000
      1.40 Acres

      Big Sky Dr Commercial Land

      1.4 Acres, Holly, MI - $185,000
      0 Big Sky Dr, Holly, MI 48442
      View Details
    • $3,300,000

      Established Landscape Supply Company For Sale

      Turn-key landscape supply company serving the community for over 30 years.
      3080 Grange Hall Rd, Holly, MI 48442
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo
      Pending

      Retail Space in High-Traffic Area

      1,000 sq ft retail space in Holly, immediate occupancy.
      4048 Grange Hall Rd, Holly, MI 48442
      View Details
    • Contact for pricing

      Retail Space in Holly Plaza

      Retail spaces available in busy Holly shopping center.
      15191-15231 North Holly Rd, Holly, MI 48442
      View Details
    • $1,400 /Mo
      Pending

      High-Traffic Retail Space in Holly

      1,000 sq ft retail space in high-traffic Holly location.
      4048 Grange Hall Rd, Holly, MI 48442
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Busy Center

      Retail spaces available in a busy Holly shopping center.
      15191 N Holly Rd, Holly, MI 48442
      View Details
    • $3,500 /Mo
      3,288 SF

      Office Space on Dixie Highway

      3,288 SF office space for lease in Holly, Michigan.
      15045 Dixie Hwy, Holly, MI 48442
      View Details
    • $3,500 /Mo

      Office Space with Park View

      3,288 SF office space for lease with park views.
      15045 Dixie Hwy, Holly, MI 48442
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15310 Fish Lk Rd
    Holly, MI 48442-8395
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!