Union City Multi-Tenant
30540 Union City Blvd, Union City, CA
For Sale
Contact for pricing
50,000 SF multi-tenant warehouse with freeway access.
Property Size50,000 SF
Lot Size2.02 Acres
Price / SF$250
Days on Market419
Property Features for 30540 Union City Blvd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Colliers | Pleasanton
(925) 463-2300
Listed By:
Joe Yamin, SIOR
(925) 200-4687
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Aug 8
Last Checked: May 20 at 9:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Pleasanton
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Investment Insights
Based on property information with market context.
This multi-tenant warehouse property offers approximately 50,000 square feet of space on approximately 2.22 acres. Constructed in 1964, the building features four suites and is equipped with a sprinkler system. The clear height is 16 feet. Each unit has grade-level loading access. The property is zoned ML, accommodating various uses (verification recommended). The building includes both executive and dispatch offices, HVAC offices, and a mezzanine. It also features 14x12 drive-in doors. There are 20 spans between pillars and a 120-foot depth. On-site management is available. Located 1.5 miles from I-880, the property provides excellent freeway access and a central location for servicing the Bay Area. It also offers access to a labor force.
Key Highlights
- Excellent freeway access, just 1.5 miles from I‑880
- ±50,000 SF multi‑tenant building on ±2.22 acres
- Grade‑level loading to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$598,500
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,970,000
$12.0M
Cap Rate 7%
$8,550,000
$8.6M
Cap Rate 9%
$6,650,000
$6.7M
Market Conditions
NOI Build-Up for 50,000 SF
Gross rent
$900.0K $18.00/SF
− Vacancy
−$45.0K −$0.90/SF
EGI
$855.0K $17.10/SF
− OpEx
−$256.5K −$5.13/SF
NOI
$598.5K $11.97/SF
Area
Alameda County, CA
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,970,000
Cap Rate 7%
$8,550,000
Cap Rate 9%
$6,650,000
Alternative Uses
Best Use
Industrial
$8.55M
$7.48M – $9.98M
NOI $598,500 @ 7.0% cap · market cap 4.79%
Second Best
Warehouse
$8.03M
$7.03M – $9.37M
NOI $562,091 @ 7.0% cap · market cap 4.50%
Theoretical Best
Multifamily LT 5
$23.98M
$20.98M – $27.97M
NOI $1,678,257 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Alameda County, CA
Properties on Market for Warehouses in Alameda County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Diamond Mine Mini Storage — 4400 Horner St Suite M15, Union City, CA 94587
- Burgess Storage Facility Units — 30321 Whipple Rd, Union City, CA 94587
- Iron Mountain — 29555 Kohoutek Way, Union City, CA 94587
- Weee! Volpey Warehouse — 2850 Volpey Way, Union City, CA 94587
- Prologis — Eigenbrodt Way, Union City, CA 94587
Frequently Asked Questions
What type of property is this?
Warehouse - 50,000 SF multi-tenant warehouse with freeway access.
Where is this warehouse located?
The property is located at 30540 Union City Blvd Union City, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Excellent freeway access, just 1.5 miles from I‑880; ±50,000 SF multi‑tenant building on ±2.22 acres; Grade‑level loading to each unit
