531312 — Nonresidential Property Managers
Description
This U.S. industry comprises establishments primarily engaged in managing nonresidential real estate for others.
Exclusions & Cross-References
- Establishments primarily engaged in managing residential real estate for others are classified in U.S.
- Industry 531311, Residential Property Managers;
- Establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage
- units) that are not used as residences or dwellings are classified in Industry 531120, Lessors of
- Nonresidential Buildings (except Miniwarehouses);
- Establishments primarily engaged in renting or leasing space for self-storage are classified in Industry
- 531130, Lessors of Miniwarehouses and Self-Storage Units;
- Establishments formed as associations on behalf of individual nonresidential condominium owners are
- classified in Industry 813990, Other Similar Organizations (except Business, Professional, Labor, and
- Political Organizations);
- Establishments primarily engaged in providing operating staff to perform a combination of services to
- support operations within a client's facilities are classified in Industry 561210, Facilities Support Services;
Overview Facts
| NAICS Code | 531312 |
|---|---|
| Industry Title | Nonresidential Property Managers |
| SBA Size Standard | $19,500,000 |
| U.S. Establishments | 18,068 (Census CBP, 2023) |
| IRS PBA Code | 531310 (rolled-up match) |
| Sectors Hierarchy | Sector 53 → 531 → 5313 |
| Source / Verified | US Census 2022 NAICS Manual, Census CBP / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 6531 - Real Estate Agents and Managers (via SIC1987:6531→NAICS1997:531312→2002:531312→2007:531312→2012:531312→2017:531312→2022:531312)
Suggested Product Service Codes (Advisory)
The following Product Service Codes (PSCs) are advisory suggestions aligned with this NAICS code. Note: NAICS and PSC codes map to different dimensions of procurement (industry vs. product/service). There is no official binding 1:1 crosswalk.
- PSC R402 — Real Estate Brokerage Services
Source: DoD DPCAP PSC Selection Tool (Ingested: 2026-06-29)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 531312:
- Sector 53 Directory Hub — List of related industries in the Real Estate and Rental and Leasing sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 5313
Frequently Asked Questions (FAQ)
Is 531312 a valid 2022 NAICS code?
NAICS 531312 is 'Nonresidential Property Managers', a 2022 U.S. national industry under Sector 53 (Real Estate and Rental and Leasing); the SBA small-business size standard is $19,500,000.
What is the SBA size standard for NAICS 531312?
The SBA small business size standard for NAICS 531312 is $19,500,000 (based on receipts).
What is the legacy SIC code mapping for 531312?
NAICS code 531312 maps to the legacy 1987 SIC codes: 6531 - Real Estate Agents and Managers.