That is not residential land but its used for carrying out business operations so it is considered a commercial purpose in real estate
The estimated returns from residential real estate properties are around 3% – 4%, whereas, from commercial properties, it is around 8% – 10%.
Always there is a solid intrinsic value.
In commercial real estate properties, both the land and the structure has value and it is a hard asset.One of the most popular investments among the modern population is Commercial real estate investment rents.