Union City Warehouse For
For Sale
$9,450,000
4700 Horner St, Union City, CA 94587
22,000 square foot warehouse with secured yard in Union City.
Property Size60,648 SF
Price / SF$429.55
Days on Market154
Property Features for 4700 Horner St
General Information
Standard status
Active
Size
60,648 SF
Property subtype
Industrial
Building Details
Building Size
60,648 SF
Year Built
1974
Listing Agency:
Lee & Associates | Oakland
Listed By:
Nathan Vance · License #CalDRE #02039163
(925) 818-9337
Source:
Lee-associates
Added: May 14
Changed: Oct 10
Last Checked: Oct 12 at 5:59PM
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 Lee & Associates | Oakland
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 22,000 square foot warehouse. The property includes seven grade-level doors and a fenced, secured concrete yard. It has a clear height ranging from 20 to 24 feet and is fully sprinklered. The electrical capacity is 1,000 amps at 277/480 volts (verification recommended). Buildings B and C are currently leased to Cal Pack Crating until October 31, 2026. The property is available now.
Key Highlights
- Fenced and Secured Concrete Yard
- Benefit from 20’-24’ Clear Height
- Features Seven (7) Grade‑Level Doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$335,702
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,714,040
$6.7M
Cap Rate 7%
$4,795,743
$4.8M
Cap Rate 9%
$3,730,022
$3.7M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$422.4K $19.20/SF
− Vacancy
−$27.5K −$1.25/SF
EGI
$394.9K $17.95/SF
− OpEx
−$59.2K −$2.69/SF
NOI
$335.7K $15.26/SF
Area
Alameda County, CA
Vacancy
6.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,714,040
Cap Rate 7%
$4,795,743
Cap Rate 9%
$3,730,022
Alternative Uses
Best Use
Warehouse
$4.80M
$4.20M – $5.60M
NOI $335,702 @ 7.0% cap · market cap 3.55%
Second Best
Industrial
$3.76M
$3.29M – $4.39M
NOI $263,340 @ 7.0% cap · market cap 2.79%
Theoretical Best
Retail
$100.30M
$87.76M – $117.01M
NOI $7,020,783 @ 7.0% cap · market cap 74.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94587, CA
70,121
Population
21,923
Households
3.2
Avg Household Size
40
Median Age
45%
College-Educated
87%
High-School Grad
19.6 sq mi
ZIP Area
3,578
Density / Sq Mi
$137,194
Median Household Income
$66,405
Median Earnings
$2,713
Median Rent
$1,058,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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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
Frequently Asked Questions
What type of property is this?
Warehouse - 22,000 square foot warehouse with secured yard in Union City.
Where is this warehouse located?
The property is located at 4700 Horner St Union City, CA.
What is the asking price?
The asking price for this property is $9,450,000.
What are key features of this property?
This property features: Fenced and Secured Concrete Yard; Benefit from **20’-24’ Clear Height**; Features **Seven (7) Grade‑Level Doors**
