Identifying property types

Apartments tend to have:
  • Sign in front of property
  • Balconies (with bicycles, satellite dishes, barbeques)
  • Community pool
High-Rise Apartments
Mid-Rise Apartments
Garden Apartments
Subsidized Apartments
Mixed-use buildings tend to look like the examples below
Example 1
Example 2
Healthcare buildings can be classified into a few categories
**NOTE: IF YOU FIND A MEDICAL OFFICE AS A PART OF A SHOPPING CENTER OR MALL, PLEASE CLASSIFY IT AS SUCH.
Hospital:
Usually large medical facilities identified with a sign. They may also be called Medical Center, Clinic, or Health Center. If you spot an ER sign it is usually a hospital.

Senior Housing:
Usually small, stand alone facilities. These may also be called retirement home, nursing home, or assisted living.

Skilled Nursing Facility:
Similar to senior housing - usually small, stand alone facilities. These may also be called rehabilitation hospital or facility.

Medical Office Building:
Usually 1-10 story buildings located near hospitals that house doctor’s offices, outpatient surgery centers, urgent care (not emergency rooms or trauma centers), medical testing laboratories or other medical service providers.

Industrial buildings tend to:
  • **NOTE: SELF STORAGE FACILITIES ARE TO BE CATEGORIZED AS SELF STORAGE**
  • Usually 1-2 story buildings
  • Often have bays/doors for tractors etc
  • Often have limited number of windows
  • Buildings are usually non-descriptive nor fancy
  • May also be called distrubution of manufacturing center
Example 1
Example 2
Example 3
Hotels tend to:
  • Have a sign in front of property with brand name i.e. Marriott, Hilton, Hyatt
  • Words on the building that say "Hotel", "Resort", "Motel", or "Inn."
Example 1
Example 2
Offices tend to be:
  • Skyscrapers in urban areas
  • Multi-story buildings in suburban areas
  • Sprawling buildings or campuses in suburban areas
  • Smaller, 1-2 story buildings in suburban areas
  • Note: They may seem like others:
  • If they look like apartments, look for balconies
  • If they look industrial, look for windows
  • If they look medical, best way to distinguish is signage
Skyscraper
Multi-story office
Office complex/campus
Small office
Shopping centers could:
  • Have a grocery or and some other retail stores
  • Have some large stores such as Costco, Walmart, Target, or Sam's Club
  • Have multiple smaller stores but no large store
  • Smaller, 1-2 story buildings in suburban areas
  • All stores can be accessed on it's own from the outside, unlike malls
  • Parking area is usually directly in front of stores
  • You'll often see smaller buildings outside of the property, maybe a fast food resturant
Example 1
Example 2
Example 3
Shopping malls could:
  • Look for Anchor stores such as Nordstrom, Macy's, JC Penny, Niemen etc..
  • Usually have parking access all around the property
  • Access through stores are usually within the mall, entrances typically Anchor stores
  • Some malls aren't enclosed, but still have anchor stores with lots of smaller stores accessible within the mall area. Parking spaces/structures will surround these areas typically.
Example 1
Example 2
Example 3
Self-storage tend to be:
  • Rental facilities aimed at consumers
  • Common names are Public Storage, U-Haul international, Cube Smart
Example 1
Example 2