Big brainstorm about commercial real estate
Commercial real estate is vacant land that is zoned to allow all kinds of commercial businesses to be built on it. Commercial real estate may even have a residential home sitting on it at the moment. 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. Many people think that commercial real estate is only the property in town that has a business on it.