Which type of property is classified as spaces for factories and warehouses?

The classification of properties is essential in real estate to determine their use, zoning requirements, and potential for investment. Industrial property is specifically designated for spaces utilized in the manufacturing, production, and storage of goods. This includes factories where products are made, as well as warehouses that store those products before distribution.

Industrial properties are designed with specific features such as high ceilings for storage, loading docks for transport, and sometimes specialized environments such as temperature control for sensitive materials. This classification ensures that suitable infrastructure and services are provided for industries that require larger spaces and specific zoning allowances for operational needs.

In contrast, commercial property typically refers to spaces used for business activities such as offices, retail shops, and service establishments. Residential property is intended for living accommodations, and agricultural property is associated with farming and the cultivation of crops. Hence, industrial property is the accurate choice for spaces designated for factories and warehouses.