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NAICS Code for Commercial Real Estate

The official U.S. Census 2022 NAICS classification representing Commercial Real Estate is primary NAICS code 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)).

NAICS Classification Details

NAICS Code531120
Official TitleLessors of Nonresidential Buildings (except Miniwarehouses)
Primary SIC Equivalent6512 - Operators of Nonresidential Buildings
SBA Size Standard$34.00 Million (Basis: Receipts)
Census DefinitionThis industry comprises establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
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Alternate and Sub-Industry Mappings

Depending on specific business functions, your organization may also fall under these alternate classifications:

No alternate NAICS codes mapped.

Frequently Asked Questions

What is the primary NAICS code for Commercial Real Estate?

The official NAICS code representing Commercial Real Estate is 531120. The standard industry title is 'Lessors of Nonresidential Buildings (except Miniwarehouses)' under the 2022 Census classifications.

What is the equivalent SIC code for Commercial Real Estate?

The primary Standard Industrial Classification (SIC) code equivalent for Commercial Real Estate is 6512, officially titled 'Operators of Nonresidential Buildings' in the 1987 OSHA manual standard.

Are SBA size standards applicable to NAICS code 531120?

Yes, companies operating under NAICS code 531120 are evaluated under SBA size standards to determine small business status. The active standard is $34.00 Million (Basis: Receipts).

Sources & Cited References

  1. U.S. Census Bureau: Official 2022 NAICS Classification Manual
  2. U.S. Small Business Administration (SBA): Table of Small Business Size Standards