Which of these best fits the definition of commercial real estate?

Commercial real estate is defined as property that is used primarily for business purposes. This includes any type of property that is leased or owned with the intent to generate income or facilitate business operations. Examples of commercial real estate include office buildings, retail spaces, warehouses, and industrial properties.

The correct answer captures this definition by emphasizing the property’s intended use for business dealings, distinguishing it from other types of real estate. Properties designated for personal residence, agricultural use, or recreational activities serve different purposes that do not align with the commercial intent to generate profit or support business activities.