Union City, CA
Commercial Real Estate Market Trends & Data

$468 Avg asking sale price
$21 Avg asking lease rate
46,103 SF Avg unit lease size
19,441 SF Avg building size for sale
4.29% Average cap rate

Union City's Demographic Profile

Union City has 19,663 households and a median income of $134,937, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 64,970
# Households 19,663
Median age 42
Median household income $134,937
Avg household size 3.0
Renter-occupied housing units 7,137
5-year population change -4%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Union City, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hayward $459 6,852 SF 19.27%
Newark $717 3,291 SF 7.00%
Fremont $537 2,981 SF 7.00%
Castro Valley $484 5,670 SF 19.27%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hayward $351 18,842 SF 6.20%
Newark $427 16,089 SF 7.00%
Fremont $407 24,767 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Hayward $380 11,016 SF
Newark $665 2,335 SF
Fremont $567 9,771 SF
Castro Valley $387 7,839 SF
San Lorenzo $576 5,693 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Union City $766 4,179 SF 5.33%
Hayward $392 8,859 SF 6.90%
Fremont $875 5,097 SF 4.05%
Castro Valley $415 9,021 SF 7.68%
San Leandro $366 13,510 SF 7.68%

Commercial Properties For Sale in Union City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

919-917 Old Canyon Rd

Fremont, CA 94536

  • 2,194 SF Multifamily
  • 3.49% Cap Rate
  • $1,999,888
For Sale

2811 Faber St

Union City, CA 94587

  • 32,886 SF Flex Building
  • $11,500,000
For Sale

Old Canyon

Fremont, CA 94536

  • 8,000 SF Multifamily
  • 4.05% Cap Rate
  • $6,700,000
For Sale

2505 Amaral Ct

Hayward, CA 94544

  • 11,008 SF Industrial Building
  • $3,998,000
For Sale

30351 Huntwood Ave

Hayward, CA 94544

  • 1.41 AC Lot
  • 1 Industrial Lot
  • $3,295,000
For Sale

2492 Technology Dr

Hayward, CA 94545

  • 4,300 SF Flex Building
  • $895,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Union City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Union City $468 19,441 SF
Hayward $385 13,812 SF
Newark $519 14,272 SF
Fremont $506 17,145 SF
Castro Valley $435 7,887 SF

Regional Demographic Comparison

This comparison places Union City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Union City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Union City 64,970 19,663 42 $134,937 3 7,137 -4%
Hayward 156,289 48,006 39 $100,292 3 22,879 -3%
Newark 47,468 14,919 40 $153,002 3 4,696 -2%
Fremont 223,971 72,334 41 $160,987 3 29,632 -2%
Castro Valley 61,420 21,444 44 $124,324 3 7,225 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Union City, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Union City

View All Commercial Real Estate For Sale in Union City
Is Union City a good market for a first-time commercial real estate investor?

Union City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Union City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Union City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Union City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Union City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Union City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Union City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Union City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Union City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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