531190 Lessors of Other Real Estate Property

Official definition

This industry comprises establishments primarily engaged in acting as lessors of real estate (except buildings), such as manufactured home (i.e., mobile home) sites, vacant lots, and grazing land.

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Acting as lessors of buildings used as residences or dwellings, including on-site manufactured (mobile) homes are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.
• 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).
• Renting or leasing space for self-storage are classified in Industry 531130, Lessors of Miniwarehouses and Self-Storage Units.
• Operating public and contract warehousing and storage facilities (except self-storage) are classified in Industry Group 4931, Warehousing and Storage.
• Providing colocation services (i.e., rental of server and networking space in data centers) are classified in Industry 518210, Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services.
• Operating docking and/or storage facilities for pleasure craft owners are classified in Industry 713930, Marinas.
• Providing parking space for motor vehicles are classified in Industry 812930, Parking Lots and Garages.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 531190

The Census index assigns these 19 activities to this code. If your business matches one, this is your code.

• Agricultural property rental or leasing
• Airport leasing, not operating airport, rental or leasing
• Equity real estate investment trusts (REITs), primarily leasing real estate (except residential buildings and dwellings, nonresidential buildings, miniwarehouses, and self-storage units)
• Farmland rental or leasing
• Flea market space (except under roof) rental or leasing
• Forest land rental or leasing
• Grazing land rental or leasing
• Land rental or leasing
• Manufactured (mobile) home parks
• Manufactured (mobile) home sites rental or leasing
• Mining property leasing
• Mobile (manufactured) home parks
• Mobile (manufactured) home sites rental or leasing
• Railroad right of way leasing
• Real estate (except building) rental or leasing
• Residential trailer parks
• Trailer park or court, residential
• Vacant lot rental or leasing
• Vacation and recreation land rental or leasing

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 531190

To count as a small business for SBA loans and federal contracts under NAICS 531190, your business (including affiliates) must not exceed $34 million in average annual receipts. Check your business.

SBA footnote 9: NAICS codes 531110, 531120, 531130, and 531190 – Leasing of building space to the Federal Government by Owners: For Government procurement, a size standard of $47.0 million in gross receipts applies to the owners of building space leased to the Federal Government. The standard does not apply to an agent.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 6810), so treat them as a starting point and check the definition.

• 68100Buying and selling of own real estateUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 531110Lessors of Residential Buildings and Dwellings
• 531120Lessors of Nonresidential Buildings (except Miniwarehouses)
• 531130Lessors of Miniwarehouses and Self-Storage Units