To get to the heart of real estate zoning, you have to understand the concept of land use. Land for sale can be used in a number of different ways, and municipalities like to set aside different sections of their city for different types of land use. The three types of zones seen in most cities are residential, industrial and commercial.
Residential
A residential real estate zone is one in which the purpose of the buildings should be to house people. Within the overall term of residential real estate zones, there are sometimes areas zoned for duplexes, apartment buildings or houses. These can also be mixed in together.
When you buy land for sale in a residential real estate zone, you are held to certain restrictions about the distance you can build from the curb, the value of the building you can put on the land and restrictions on floor space. If you buy land for sale within a residential real estate zone, you can build a home on it.
However, you also have the option of trying to get a real estate zoning change. Sometimes an individual property can be zoned separately if there is a need for it. For example, within a community of homes, a piece of land for sale can be zoned commercial so a neighborhood store can be built. Also, if you see a future possibility of commercial zoning, you might want to buy land for sale in a residential neighborhood and wait for the zoning to change.
Industrial
Industrial real estate zones are meant to house utilities, factories, equipment supply companies and others. It is rare that a real estate zone will move from industrial to residential or commercial.
Commercial
Commercial real estate zones are those which can be used for buildings where goods are bought and sold. If you want a commercial property, you can look for land for sale within the commercial zone or try to get some land of another type rezoned for your commercial use.
One important thing to remember about commercial zoning is that cities use zoning to plan for the future. If new businesses are being encouraged to come into a certain area, a new section of land will be opened up with commercial zoning. That may be a perfect time to jump in and buy land for sale within the commercial zone.
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