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Classification  Descriptions

Residential Class: A property which consists of a single family residence (manufactured , modular, stick built, condo, cabin, planned unit development, town-home, ready built) that is designed to be habitable. In applicable counties, a governmental entity has issued a certificate of occupancy for the structure or certified the structure for livable conditions. Minimum requirements would be installed water, sewer and utilities which would make the property habitable. This property CLASS could include homes in town, in planned unit subdivisions or on acreages of less than an acre. Usually classified as Single family-residential by the county entity for taxing purposes.

 

Land Class: Vacant land that is primarily undeveloped with no habitable structures or residences within the property boundaries. The properties in this Class could include permanent or temporary structures upon the property such as barns, shops, sheds, livestock shelters or other misc. structures. The “primary” value of a property in this Class is the vacant property itself. Vacant land would include lots classified as: residential, multifamily, agricultural, commercial or industrial by a county entity for taxing purposes.

 

Commercial Class: A property used or intended to be used for Commercial purposes that is zoned commercial or has commercial use by right. These properties are for Commercial use by businesses, offices, retail, stores, apartments,mobile home park, restaurant, gas stations, industrial, RV park, storage units, work-live, warehouses, hotels/motels, shops etc. 

 

Farm/Ranch Class: A property listed in the Farm/Ranch Class must be a minimum of 2 acres. This property Class would include large acreage ranches and farms with or without Residences that are primarily used for recreation, raising livestock, growing crops or cultivating pastures for harvest or grazing purposes. Generally, properties in this Class may consist of irrigation and/or water rights, but irrigation/water rights are not a requirement to be in this property class. 

 

Multi-Family Class: A property that contains a single structure that can house multiple families within the same single structure.  Multi-Unit 2-4 - Real estate that has 2-4 separate housing units for residential use which are contained within one building or several buildings on one complex.

  

Rental Class: A property that is being offered for lease for an amount of time in return for payment to the property owner from the tenant. This property Class would include commercial, residential single family, industrial, office, retail, multi-use or special use properties for lease. 

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