Brian l. katz explored
It can be vacant land that has been set aside and zoned by the city to allow a business to be built on it. It may even be a piece of property with a place of residence now standing on it. Many times as cities and towns grow property can be rezoned to allow for businesses to come into that particular area. A town may grow to the point where a house that was safely located in a residential zone may need to be cleared out for commercial real estate once the town has grown to a certain point. Most people think that commercial real estate is an office building or a factory or perhaps an industrial unit.