Union City, Tennessee Commercial Real Estate 2 Listings
Union City, Tennessee: A Premier Destination for Commercial Real Estate
Introduction
Union City, Tennessee is emerging as a strategic hub for commercial real estate (CRE) development, offering a unique blend of economic vitality and strategic location. As a city with a population of approximately 10,000, Union City is a vibrant community within Obion County, characterized by its agricultural economy and burgeoning manufacturing sector. The city's strategic location near major transportation routes and regional industry clusters positions it as an attractive destination for investors and developers seeking opportunities in office, industrial, and retail properties.
Economic and Industry Overview
Union City's economy is driven by its robust agricultural industry, complemented by a growing manufacturing sector. Key industries include:
- Agriculture: As part of the fertile Mississippi River Valley, Union City supports a thriving agricultural economy, which in turn drives demand for industrial and warehouse space.
- Manufacturing: The presence of major manufacturing companies attracts ancillary industries, creating a need for diverse commercial property types, particularly industrial and flex spaces.
- Logistics and Distribution: With its strategic location, Union City serves as a hub for logistics and distribution, bolstering demand for industrial and logistical real estate.
For more details on economic initiatives, refer to the Tennessee Department of Economic and Community Development.
Strategic Location and Transportation Infrastructure
Union City benefits from an advantageous location with access to critical transportation infrastructure:
- Highways: The city is intersected by U.S. Highways 45 and 51, providing seamless connectivity to regional markets.
- Rail: Served by the Canadian National Railway, Union City offers efficient rail logistics solutions for industrial tenants.
- Airports: The Everett-Stewart Regional Airport enhances connectivity for business travelers and freight operations.
For transportation details, visit the Tennessee Department of Transportation.
Commercial Real Estate Inventory & Zoning
Union City's commercial real estate market is comprised of several key submarkets:
- Central Business District (CBD): The heart of Union City's retail and office activities.
- Industrial Corridors: Areas dedicated to manufacturing and logistics, benefiting from proximity to transportation links.
- Innovation Districts: Emerging zones focused on tech and research-driven enterprises.
The city offers various incentives and zoning overlays to encourage development. For zoning maps, refer to the City of Union City Zoning Map.
Major Employers and Institutions
Union City hosts several significant employers contributing to CRE demand:
- Top Employers: Tyson Foods and Kohler Co. are prominent employers driving industrial real estate demand.
- Educational Institutions: The presence of local colleges supports office space requirements.
Explore more about Union City's economic landscape at the Obion County Chamber of Commerce.
Notable Commercial Developments & Projects
Union City is witnessing several transformative projects, including:
- Discovery Park of America: A mixed-use development integrating education with commercial opportunities.
- Opportunity Zones: Union City features designated Opportunity Zones offering tax incentives for developers.
Details on planning initiatives can be accessed via the Union City Planning Department.
Building Permits, Planning, and Development Tools
Access essential tools for development in Union City:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer/GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Union City offers a wealth of public data resources for market analysis:
Brevitas leverages AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Union City here.
Why Use Brevitas for Union City, Tennessee CRE?
Brevitas offers a comprehensive suite of tools for commercial real estate professionals:
- AI-Driven Discovery: Find properties with precision using AI analytics.
- Real-Time Alerts: Stay updated with market changes.
- Smart Property Pages: Highlight listings with auto-generated pages for enhanced exposure.
- Dealroom Collaboration: Facilitate seamless communication between brokers and developers.
Discover the Brevitas advantage for Union City CRE here.
