Definition: Real estate used or intended for manufacturing, processing, warehousing, distribution, or similar industrial activities.
Example
A distribution company leases a warehouse with loading facilities and truck access.
Keep the distinction clear
Industrial property is a use category, not merely undeveloped acreage. Zoning, environmental conditions, access, utilities, and building design affect suitability.
Related terms
Commercial Property · Zoning Ordinance · Highest and Best Use
Keep studying
Income Approach: NOI, Cap Rate, Property Value, and Cash-on-Cash Return
References: California DRE: real estate glossary
Pronunciation (US): in-DUS-tree-ul PRAH-per-tee (capitals show stress)
Pronunciation reference: Merriam-Webster
Comments
0 comments
Article is closed for comments.