Category Archives: Industrial

Industrial Property

industrialLand and/or improvements that can be adapted for industrial use; a combination of land, improvements, and machinery integrated into a functioning unit to assemble, process, and manufacture products from raw materials or fabricated parts; factories that render service, e.g. laundries, dry cleaners, storage warehouse, or those that produce natural resources, e.g. oil wells.

(Dictionary of Real Estate Appraisal, 4th edition.)

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