Real Estate

Residential

Any property used for residential purposes. Examples include single-family homes, condos, cooperatives, duplexes, townhouses, and multifamily residences with fewer than five individual units.

Commercial

Any property used exclusively for business purposes, such as apartment complexes, gas stations, grocery stores, hospitals, hotels, offices, parking facilities, restaurants, shopping centers, stores, and theaters.

Industrial

Any property used for manufacturing, production, distribution, storage, and research and development. Examples include factories, power plants, and warehouses.

Land

Includes undeveloped property, vacant land, and agricultural land (farms, orchards, ranches, and timberland).

Special Purpose

Property used by the public, such as cemeteries, government buildings, libraries, parks, places of worship, and schools.