Add Listing
    For Lease
    • 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

    33641 Mission Blvd Union City, CA 94587

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding building with parking and dock high loading in Union City.

    Property size:
    6,136 SF
    Lot size:
    6,136 SF

    Property Features for 33641 Mission Blvd

    General Information

    Size
    6,136 SF

    We can help!

    Listing Contact
    Fernando Cuebas
    Fernando Cuebas
    Source: Corfac

    Listing Agency: TRI Commercial | Walnut Creek Listing Agent: Fernando Cuebas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Freestanding Building on Mission Boulevard

    This freestanding building, formerly occupied by the US Postal Service and American Red Cross, is located on Mission Boulevard near Decoto Road in Union City, California. Situated on a 0.57-acre lot (24,829 square feet), the property is zoned CC (Community Commercial). The 6,136 square foot building features updated systems and multi-stall restrooms. It includes dock-high loading, which is convertible to a covered area such as a play area. The property benefits from high visibility on a major thoroughfare (Mission Blvd./Hwy 238), with an average daily traffic count of 28,003. It is in close proximity to the Decoto area and BART to the south and west, and Fairway Park to the north.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Alameda
    State
    California
    Longitude
    -122.0172015
    Latitude
    37.6030436

    Nearby Similar for Lease

    • Contact for pricing
      107,365 SF

      Union City Flex/Industrial/Office Space

      Versatile space in Crossroads Technology Park, Union City, CA.
      3260- Whipple Rd, Union City, CA 94587
      View Details
    • Contact for pricing

      Warehouse with Fenced Yard

      18,900 SF warehouse with 3,000 SF office and large yard.
      30311 Union City Blvd, Union City, CA 94587
      View Details
    • Contact for pricing

      Union City Warehouse with Cranes

      Warehouse with office, yard, cranes, and convenient highway access.
      700 Bradford Way, Union City, CA 94587
      View Details
    • Contact for pricing
      59,795 SF

      Union City Life Science Building

      Life science building in the heart of the Bay Area.
      33589 Central Ave, Union City, CA 94587
      View Details
    • Contact for pricing

      Warehouse with Fenced Yard

      18,900 SF warehouse with 3,000 SF office and large yard.
      30311 Union City Blvd, Union City, CA 94587
      View Details
    • $1.90 SF/Yr

      Union City Office Space Available

      Office space for rent with synergistic tenant mix.
      3920 Smith St, Union City, CA 94587
      View Details
    • Contact for pricing
      6,136 SF

      Freestanding Building on Mission Boulevard

      Freestanding building with parking and dock high loading on Mission.
      33641 Mission Blvd, Union City, CA 94587
      View Details
    • $1.90 SF/Yr
      1,051 SF

      Union City Office Space Available

      Office space for rent with synergistic tenant mix.
      3910-3916 Smith St, Union City, CA 94587
      View Details
    • Contact for pricing
      6,899 SF

      Union City Flex Space Available

      Premier flex space in well-maintained Union City business park.
      32960 Alvarado Niles Rd, Union City, CA 94587
      View Details
    • Contact for pricing

      Union City Warehouse Space Available

      Warehouse space available for lease in Union City, California.
      4000-4020 Whipple Rd, Union City, CA 94587
      View Details
    • Contact for pricing
      2,208 SF

      Union City Warehouse Space

      Industrial warehouse space available for lease in Union City.
      2845 Whipple Rd, Union City, CA 94587
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding building with parking and dock high loading in Union City.
    Where is this retail space located?
    The property is located at 33641 Mission Blvd Union City, CA.
    What are key features of this property?
    This property features: - Free-standing building on major Mission Blvd./Hwy 238 with HIGH VISIBILITY (28,003 ADT).; - Large 0.57 acre (24,829 SF) lot zoned CC (Community Commercial).; - Dock high loading (convertible to covered area/play area).
    (510) 468-3189
    Request Owner's contact information
    33641 Mission Blvd Union City, CA 94587
    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.
    33641 Mission Blvd
    Union City, CA 94587
    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
    33641 Mission Blvd Union City, CA 94587
    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

    We can help!
    Listing Contact
    Fernando Cuebas
    Fernando Cuebas
    Real Estate License ID: 01168597
    (510) 468-3189 (925) 296-3300 (925) 296-3315
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!