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There are all types of properties to snatch up as commercial real estate investments. So, what kind of property is considered commercial real estate? Well, it involves all kinds of properties that are zoned for business. One example is a property zoned to allow the building of a strip mall on it. It can be vacant land that has been set aside and zoned by the city to allow a business to be built on it. It may even be a piece of property with a place of residence now standing on it.