A special purpose property is defined as a property that can’t be easily converted to other uses and whose value and location are closely connected to a company’s operations.

Due to their unique physical design and layout, special purpose properties may be one-of-a-kind, restricting the property’s use to the limited purpose for which it was created (thus the name “special purpose” or “limited market properties”).

Mixed use is a building or development that combines two or more uses, such as commercial, residential, retail, or office spaces. Multi-family properties can have multiple buildings on one lot if there's more than 4 units on one lot, it's considered commercial real estate.

One of the primary benefits of investing in mixed use and or multifamily properties is the stable cash flow they generate through rental income. Unlike other types of CRE investments, multifamily properties typically have multiple sources of income from various tenants, which helps reduce the impact of vacancies on your overall cash flow. As a result, multifamily properties can provide a consistent source of income for investors, making them a solid addition to any CRE portfolio

This commercial property includes shopping centers, strip malls, and standalone stores. Retail properties rely heavily on location and market trends; however, they can generate higher returns if well managed.