Real estate properties are typically categorized into the following types:
Single-family homes: These are standalone houses meant for a single family to occupy.
Multi-family homes: Also known as multi-unit or multi-dwelling properties, these are buildings with multiple units meant for more than one family to occupy.
Commercial properties: These are properties meant for commercial use such as offices, retail space, and industrial space.
Industrial properties: These are properties meant for manufacturing, warehousing, and distribution of goods.
Retail properties: These are properties meant for retail businesses such as stores, shopping centers, and malls.
Office properties: These are properties meant for office use, such as office buildings, corporate centers, and executive suites.
Agricultural properties: These are properties meant for agricultural activities such as farming and livestock production.
Hospitality properties: These are properties meant for the hospitality industry such as hotels, motels, resorts, and bed and breakfasts.
Land: This includes raw land, which can be developed or used for other purposes.
Special-purpose properties: These are properties meant for specific purposes such as schools, churches, and medical facilities.