Union City, Indiana: A Premier Destination for Commercial Real Estate

Introduction

Union City, Indiana, offers a unique and strategic location for commercial real estate (CRE) investors and professionals. As a small city with a robust economy, Union City is characterized by its manufacturing and agricultural sectors. Positioned ideally for growth in CRE, the city benefits from its proximity to major logistical routes and a supportive local government eager to foster economic development.

Economic and Industry Overview

Union City thrives on its manufacturing and agricultural industries, which are crucial drivers of demand for various commercial property types such as industrial warehouses and distribution centers. The presence of these industry clusters offers numerous opportunities for office and retail spaces as well. The Randolph County Economic Development Corporation actively supports these industries through various initiatives and incentives, which further enhances the city's CRE appeal.

Strategic Location and Transportation Infrastructure

Union City's strategic location along the Indiana-Ohio border provides significant logistical advantages. Key transportation infrastructure includes:

• Highways: Access to major highways such as U.S. Route 27 and Indiana State Road 32 facilitates efficient distribution and transportation.
• Rail Lines: The city is served by the CSX Transportation network, offering rail connectivity essential for manufacturing and distribution sectors.
• Proximity to Airports: Although Union City does not have a major airport, the Dayton International Airport is within a reasonable distance, providing additional logistical options.

For more details, visit the Indiana Department of Transportation.

Commercial Real Estate Inventory & Zoning

Union City offers a diverse range of commercial real estate submarkets including industrial corridors and emerging innovation districts. The city's CRE inventory encompasses:

• Industrial: Warehouses and manufacturing facilities are prevalent due to the city's industrial base.
• Office and Retail: Opportunities in the central business district (CBD) for office spaces and retail outlets.
• Zoning Incentives: Recent zoning changes offer incentives for developers, with detailed maps available via the Union City Zoning Map.

Major Employers and Institutions

Union City's economic landscape is bolstered by several key employers and institutions:

• Manufacturing Giants: Companies like Frank Miller Lumber and Neaton Auto Products are significant contributors to the local economy.
• Education and Government: The Randolph Eastern School Corporation and city government offices also play a role in driving demand for commercial spaces.

Explore more about local businesses through the Randolph County Business Directory.

Notable Commercial Developments & Projects

Union City is home to several large-scale development projects, including:

• Mixed-Use Developments: Recent projects aim to combine residential, retail, and office spaces, enhancing the city's CRE landscape.
• Opportunity Zones: Parts of Union City are designated as Opportunity Zones, offering tax incentives for investors. Additional information can be found on the Opportunity Zones Map.

Building Permits, Planning, and Development Tools

For developers seeking to invest in Union City, the following resources are essential:

• Union City Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code PDF

Market Data & Economic Reports

Union City benefits from a wealth of public data sources, including the U.S. Census Bureau and local economic impact reports. Brevitas leverages AI-powered aggregation from these public datasets and internal insights to provide comprehensive market data. Explore Brevitas-powered dashboards for Union City here.

Why Use Brevitas for Union City, Indiana CRE?

Brevitas offers a cutting-edge platform for CRE discovery in Union City, Indiana, with features such as:

• AI-Driven Discovery: Find properties with precision using advanced AI tools.
• Real-Time Market Alerts: Stay updated with the latest market trends and opportunities.
• Smart Property Pages: Access detailed property insights and analytics.
• Dealroom Collaboration: Facilitate seamless collaboration with brokers and investors.
• Exclusive Listings and Premium Exposure: Benefit from auto-generated listing pages and marketing tools.

Brevitas integrates smoothly with brokers and developers, enhancing your CRE investment experience in Union City. Start exploring the unparalleled opportunities with Brevitas today.