Union City, CA
Commercial Real Estate Market Trends & Data

$386 per SF Avg asking sale price
$22 per SF Avg asking lease rate
42,969 SF Avg unit lease size
20,416 SF Avg building size for sale
4.85% 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%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hayward $451 5,118 SF 19.27%
Newark $574 2,290 SF 7.00%
Fremont $551 3,595 SF 7.00%
Castro Valley $449 5,707 SF 19.27%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hayward $329 16,643 SF 6.25%
Newark $469 10,707 SF 7.00%
Fremont $387 23,217 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Union City $456 4,826 SF
Hayward $357 14,670 SF
Newark $652 2,917 SF
Fremont $606 9,589 SF
Castro Valley $368 7,102 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Union City $647 5,171 SF 5.33%
Hayward $380 13,126 SF 7.30%
Fremont $744 8,000 SF 4.56%
Castro Valley $378 11,181 SF 6.33%
San Leandro $318 13,848 SF 7.97%

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

Bldg 11

Hayward, CA 94544

  • 9,288 SF Industrial Building
  • $3,458,000
For Sale

30995-30997 Huntwood Ave

Hayward, CA 94544

  • 18,626 SF Industrial Building
  • $799,000
For Sale

Building 1C

Union City, CA 94587

  • 4,826 SF Retail Building
  • 4.67% Cap Rate
  • $2,200,000
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
  • 4.56% Cap Rate
  • $5,950,000
For Sale

2505 Amaral Ct

Hayward, CA 94544

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

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 $386 20,416 SF
Hayward $364 14,456 SF
Newark $584 6,429 SF
Fremont $493 16,267 SF
Castro Valley $408 9,365 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.

Nearby Market Trends