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Special-Use Properties

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  • Post last modified:May 18, 2021

Special-use properties also known as special-design properties or special-purpose properties are types of real estate with specialized uses.

Special-use properties:

  • Are properties with specialized/limited use.
  • Are unique in their designs and construction.
  • Are limited in marketability.
  • Cannot be easily converted for other uses.
  • Require large capital investment to be converted for other uses.

List of Special-Use Properties

Special use properties include:

  • Hospitals.
  • Schools.
  • Dormitories.
  • Sports arenas.
  • Museums.
  • Cemeteries.
  • Crematoriums.
  • Theatres.
  • Processing plants.
  • Firehouses.
  • Religious buildings.
  • Nursing homes.
  • Refineries.
  • Amusement parks.
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