What is Commercial Land? | Commercial land use

Commercial land can be any plot or subdivided area of land used for commercial purposes. “Commercial” means the land is used for businesses, manufacturing ...BUSINESSOPERATIONSWhatisCommercialLand?By:WesleyTuckerReviewedby:JayneThompson,LLB,LLMUpdatedMay10,2019victorianstylestoreimagebyPierretteGuertinfromFotolia.comBy:WesleyTuckerReviewedby:JayneThompson,LLB,LLMUpdatedMay10,2019ShareItShareTweetPostEmailPrintRelatedWhatAreUse&OccupancyPermits?LearnMore→Commerciallandisadistinctclassificationforrealestate.Commerciallandnotonlydiffersbecauseitiswherebusinessesareusuallylocated,butalsobecauseitistreateddifferentlybymunicipalities,utilitiesandotherinfrastructureproviders.Commercialrealestateisalsoappraiseddifferentlythanresidentialrealestate.Whereasresidentialrealestatewillgenerallyappreciateannuallyatagivenrate,commerciallandvaluecanfluctuatewildlydependingonitslocationandwhatotherbusinessesarelocated,oraregoingtobelocatednearby.TL;DR(TooLong;Didn'tRead)Commerciallandcanbeanyplotorsubdividedareaoflandusedforcommercialpurposes.“Commercial”meansthelandisusedforbusinesses,manufacturingplants,warehouses,parkinglotsandevenprofit-generatingresidences.Identification ofCommercialLandCommerciallandcanbeanyplotorsubdividedareaoflandusedforcommercialpurposes.“Commercial”meansthelandisusedforbusinesses,manufacturingplants,warehouses,parkinglotsandevenprofit-generatingresidences.Apartmentcomplexesareconsideredcommerciallandasitislandusedtomakemoney.CommercialLandUseandZoningMunicipalitieswithzoningregulationwilldetermineifpropertyiscommercial,residential,agriculturalorpublicland.Zoningvariancescanchangepropertydesignationsdependingonspecialsituationsandcircumstances.Anexamplewouldbeashopzonedforcommercialusewiththeownerlivingonthepremises.Ifthebusinesscloses,thenre-designatingthelandwouldbeappropriate.Whatcanbeadifficultaspectwithzoningandcommerciallandisgettinglandrezoned.Anexamplewouldbeavacantlotnexttoahighwaywheresomeonewantstobuildastore.Unfortunately,thislandislocateddirectl


常見投資理財問答


延伸文章資訊