Selling Commercial Real Estate in Texas

What Is Commercial Real Estate?

Commercial real estate refers to properties used primarily for business purposes or to generate income, either through leasing or resale. This type of real estate can include office buildings, apartment complexes, retail spaces, warehouses, or even restaurants. If a property can earn money through rental income or appreciation in value, it’s typically considered commercial.

Types of Commercial Real Estate

1. Office Spaces

Office properties are typically divided into two categories: urban and suburban.

• Urban office buildings are often located in major cities and can be high-rises or skyscrapers. These may span millions of square feet.

• Suburban offices, on the other hand, tend to be smaller and are often part of office parks.

Office buildings may serve multiple tenants or a single organization. Many are custom-built for specific tenants and are categorized into three quality classes:

• Class A: High-end buildings with premium finishes, advanced infrastructure, top locations, and above-average rental rates.

• Class B: Functional and well-maintained buildings with average rents and finishes — suitable for a wide range of tenants but not on par with Class A properties.

• Class C: Older buildings with fewer amenities, typically offered at below-market rents. These are functional spaces, often used for medical offices or startups.

2. Retail Properties

Retail real estate includes the spaces where businesses like stores and restaurants operate. These properties might be standalone structures or part of larger shopping centers.
Some retail developments feature an anchor tenant — a well-known brand or store that helps attract foot traffic to the location.

Retail properties can range widely:

• Single-tenant buildings like fast-food outlets or pharmacies.

• Big-box stores occupied by chains such as Walmart or Best Buy.

• Pad sites, smaller individual buildings often found in shopping plazas.

The classification of retail centers depends on factors such as size, tenant mix, design, and geographic reach.

3. Industrial Real Estate

Industrial properties support manufacturing, logistics, and distribution operations. These are usually located near major transportation routes and away from city centers. There are four primary types:

• Heavy manufacturing: Custom-built facilities for production, including large-scale machinery.

• Light assembly: More general-purpose buildings for assembling products or storage.

• Bulk warehouses: Large distribution centers used by logistics companies.

• Flex space: Properties that combine industrial and office space for versatility.

4. Multifamily Housing

This category includes residential properties with more than one housing unit, such as apartments, townhomes, and condominiums. Like office buildings, these are often ranked as Class A, B, or C, depending on condition, location, and amenities.

Common multifamily property types include:

• High-rise: Typically 9+ stories and includes elevators.

• Mid-rise: Medium-height buildings, usually found in city environments.

• Garden-style: Low-rise apartments in landscaped settings, common in suburban or rural areas.

• Walk-ups: 4–6 story buildings without elevators.

• Manufactured housing communities: Mobile home parks where residents own the homes but rent the land.

• Special-purpose housing: Designed for specific demographics such as students, seniors, or low-income residents.

5. Hotels and Hospitality

Hotel properties cater to short-term stays and are classified by the level of service they provide. Hotels can either be independently owned (boutique) or part of a franchise chain.

Types include:

• Limited-service: Basic accommodations without restaurants or concierge services.

• Full-service: Includes on-site dining, room service, and more amenities.

• Boutique: Stylish, smaller hotels often in prime locations and not part of large chains.

• Casino hotels: Combine lodging with gaming facilities.

• Extended-stay: Designed for longer visits, often with kitchenettes.

• Resort hotels: Located in vacation areas and may include golf courses, spas, or water parks.

6. Special-Purpose Real Estate

Some commercial properties don’t fall into the traditional categories. These are considered special-use properties and serve niche markets. Examples include:

• Amusement parks

• Places of worship

• Self-storage facilities

• Bowling alleys

• Skating rinks

• Schools or daycare centers

These properties are typically built for one specific function and may be harder to repurpose.

Need to Sell Commercial Real Estate in Texas Quickly?

There are various situations where a fast sale of commercial property becomes necessary — whether due to financial strain, relocation, or changes in business strategy.

We are experienced real estate investors and developers who purchase all types of commercial properties across the U.S. — including land, office, industrial, multifamily, and more. We offer fair cash deals and a streamlined, hassle-free process.

Here are a few examples of property types we typically purchase:

• Distressed or underperforming commercial buildings

• Vacant land suitable for development

• Industrial or warehouse facilities

• Mixed-use or multifamily housing

• Agricultural and special-use real estate

If you need to sell fast and want a fair cash offer, we’re here to help.