Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 Oak St Union City, IN 47390

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-1568219
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 401 Oak St

    Year built
    1899
    Property type
    Commercial real estate

    Description

    This exceptional commercial property presents a unique opportunity to lease a beautifully updated 1,040 square foot office space in the vibrant heart of Union City. Located in a single-tenant building, this traditional office space offers a blend of historical charm and modern functionality. Built in 1899, the building retains its character while boasting recent upgrades, creating a sophisticated and efficient workspace. The property sits on a sizable 0.68-acre lot, providing ample space and potential for outdoor use, depending on lease terms. Ideal for a variety of businesses, this space is perfect for a company seeking a prominent location with a unique aesthetic. The single-tenant occupancy ensures privacy and control over the environment. The property is classified as both retail and office, offering flexibility in its potential uses. This is a rare opportunity to secure a well-maintained, historically significant commercial space in a thriving urban setting. The property's prime location within Union City offers excellent accessibility and visibility, making it an attractive option for businesses seeking a high-profile address. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is ready for immediate occupancy. Lease terms are negotiable.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Randolph
    State
    Indiana
    Longitude
    -84.8104322
    Latitude
    40.1994194

    Comparable in this City

    • $4 SF/Yr
      36,360 SF

      Union City Industrial Facility

      Versatile industrial facility for sale or lease in Union City.
      1303 W Chestnut St, Union City, IN 47390
      View Details
    • $10 SF/Yr
      52,595 SF

      Versatile Industrial Space in Union

      32,000 sq. ft. industrial building for lease.
      946 S State Road 32, Union City, IN 47390
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,868 SF

      Family Dollar Investment Opportunity

      Single-tenant Family Dollar with long-term lease potential in Union City.
      106 S Columbia St, Union City, IN 47390
      View Details
    • $699,900
      2.32 Acres

      Versatile Industrial Facility For Sale

      Heavy-duty commercial facility with versatile space and excellent access.
      1303 W Chestnut St, Union City, IN 47390
      View Details
    • $750,000
      10.95 Acres

      Union City Industrial Land Investment

      10.95 Acres, Income-Producing Home
      1246 In-32, Union City, IN 47390
      View Details
    • $750,000
      10.95 Acres

      Union City Land and Home

      10.95 acres with development potential and rental income.
      1246 S State Road 32, Union City, IN 47390
      View Details
    • $270,000
      15.00 Acres

      Productive Tillable Land with Road Frontage

      15 acres of tillable land near Union City, Indiana.
      700 E Co Rd, Union City, IN 47390
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      52,595 SF

      Versatile Industrial Space in Union

      32,000 sq. ft. industrial building for lease.
      946 S State Road 32, Union City, IN 47390
      View Details
    • $4 SF/Yr
      36,360 SF

      Union City Industrial Facility

      Versatile industrial facility for sale or lease in Union City.
      1303 W Chestnut St, Union City, IN 47390
      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.
    401 Oak St
    Union City, IN 47390
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.