Different Types of Commercial Real Estate, Part 3
Commercial real estate covers a diverse group of structure types and uses, as well as vacant land. This is part three of a three part series explaining different types of commercial real estate.
Office Buildings and Office Complexes
A single building designed for office use, or a group of offices in a single building or cluster of buildings would fall into this category. When offices are grouped in structures with single ownership, they are listed as commercial office rental property.
The owner derives income from the rental payments of the office tenants. These can be valued based on the rental income return on investment, rather than methods using square footage and land value.
