Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1480 Whipple Rd Union City, CA 94587

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1480 Whipple Rd Union City, CA 94587

    View on Map
    • Warehouses
    • 106,374 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1480 Whipple Rd

    Property size
    106,374 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 1480 Whipple Rd, Union City, CA 94587, offers a substantial 106,374 square feet of warehouse space within a single-tenant building. Currently, 15,360 square feet is available for lease. The property sits on a generous 5.2-acre lot in Alameda County, providing ample room for operations and expansion. The warehouse boasts an impressive 18-foot ceiling height, ideal for various industrial uses and efficient storage. The building is well-lit with metal halide warehouse lights and features skylights for natural light, contributing to a productive work environment. Exterior improvements include professionally landscaped grounds. Parking is readily available with two parking spaces provided. This property presents a unique opportunity for businesses seeking a well-maintained, spacious warehouse in a desirable location. The property's size, features, and location make it an attractive option for a variety of industrial tenants. The available space offers flexibility for customization to meet specific business needs. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Alameda
    State
    California
    Longitude
    -122.045
    Latitude
    37.6055

    Comparable in this City

    • Value Estimation by Request
      106,374 SF

      1500 Whipple Rd

      Distribution properties • 106,374 SF
      1500 Whipple Rd, Union City, CA 94587
      View Details
    • Value Estimation by Request
      353,794 SF

      32900 Alvarado-Niles Rd

      Life science properties • 353,794 SF
      32900 Alvarado-Niles Rd, Union City, CA 94587
      View Details
    • Value Estimation by Request
      29,693 SF

      33508 Central Ave

      Distribution properties • 29,693 SF
      33508 Central Ave, Union City, CA 94587
      View Details
    • Value Estimation by Request
      74,748 SF

      3221 Whipple Rd

      Distribution properties • 74,748 SF
      3221 Whipple Rd, Union City, CA 94587
      View Details
    • Value Estimation by Request
      1,728 SF

      2817 Whipple Rd

      Distribution properties • 1,728 SF
      2817 Whipple Rd, Union City, CA 94587
      View Details
    • Value Estimation by Request
      25,790 SF

      29440 Union City Blvd

      Distribution properties • 25,790 SF
      29440 Union City Blvd, Union City, CA 94587
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,934 SF

      Union City Warehouse Space Available

      Warehouse space featuring truck staging, dock doors, and ample power.
      34343 Zwissig Way, Union City, CA 94587
      View Details
    • $950,000
      2,863 SF

      Union City Office/Warehouse Condo

      Versatile two-story condo with office and warehouse space.
      29300 Kohoutek Way, Union City, CA 94587
      View Details
    • Contact for pricing
      60,648 SF

      Union City Industrial Property

      Industrial property in Union City with secured yard.
      4700 Horner St, Union City, CA 94587
      View Details
    • Contact for pricing
      50,000 SF

      Union City Multi-Tenant Warehouse

      50,000 SF multi-tenant warehouse with freeway access.
      30540 Union City Blvd, Union City, CA 94587
      View Details
    • Contact for pricing
      18,528 SF

      Union City Industrial Building For Sale

      18,528 SF building on 1.74 acres in Union City.
      33439 Western Ave, Union City, CA 94587
      View Details
    • $950,000

      Union City Office/Warehouse Condo

      Versatile two-story condo with warehouse and office space.
      29300 Kohoutek Way, Union City, CA 94587
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      77,577 SF

      Union City Warehouse Space Available

      Class A warehouse/distribution space in Alvarado Business Park.
      4000 Whipple Rd, Union City, CA 94587
      View Details
    • Contact for pricing
      60,080 SF

      Freestanding Industrial Building Available

      60,080 SF industrial building for lease in Union City.
      2975 Volpey Way, Union City, CA 94587
      View Details
    • Contact for pricing

      Union City Warehouse Space Available

      Warehouse space available for lease in Union City, California.
      30301-30361 Whipple Rd - Bldg M, Union City, CA 94587
      View Details
    • Contact for pricing
      25,000 SF

      Union City Logistics Facility

      East Bay Area warehouse with ample yard space.
      33261-33297 Central Ave, Union City, CA 94587
      View Details
    • Contact for pricing
      80,031 SF

      Class A Warehouse Distribution Space

      Large Class A warehouse/distribution space in Alvarado Business Park.
      30336 Whipple Rd, Union City, CA 94587
      View Details
    • Contact for pricing
      18,900 SF

      Union City Warehouse with Yard

      18,900 SF warehouse with yard near I-880.
      30311 Union City Blvd, Union City, CA 94587
      View Details
    Request Owner's contact information
    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.
    1480 Whipple Rd
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!