Technical
Financial
Distress signals
Property profile

32500 Central Ave Union City, CA 94587

OFF-MARKET
Flex space
Property ID
US09-9322528
21,315 SF 1.37 ac lot Built 1967
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1967
Construction TILT-UP CONCRETE
Total area 21,315 SF
Lot 1.37 ac (59,677 SF)
APN 475-70-8
UPID US09-9322528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

32500 Central Ave Union City, CA 94587-2032
Union City metro Census 440301 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.99M
CAP Approach CAP
$3.93M
Comparable Approach Comparable
$6.55M
Blend (final) Blend
$4.97M

Owner & transaction history

since 2021
Last sale
$5.6M
7 recorded transactions
2021
$5.6M
2012
$1.6M
2008
Price N/A
2006
Price N/A
2001
Price N/A
2001
Price N/A
1998
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $7.2M +26.1%
Auto repair, garage $6.9M +19.8%
Retail stores $6.1M +5.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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