Industrial real estate refers to the use of the property primarily for industrial purposes such as manufacturing a good or product.
Residential real estate are primarily single family homes, but can also be duplexes or multi-family structures.
The term commercial property, also known as investment or income property, refers to buildings or land intended to generate a profit, either from capital gain or rental income. Commercial property includes office buildings, industrial property, medical centers, hotels, malls, retail stores, shopping centers, etc.