Industry Description
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.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 531190 - Lessors of Other Real Estate Property are:
- Farmland rental or leasing
- Manufactured (mobile) home sites rental or leasing
- Manufactured (mobile) home parks
- Airport leasing, not operating airport, rental or leasing
- Flea market space (except under roof) rental or leasing
- Trailer park or court, residential
- Real estate (except building) rental or leasing
- Forest land 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)
- Agricultural property rental or leasing
- Mobile (manufactured) home parks
- Mobile (manufactured) home sites rental or leasing
- Vacant lot rental or leasing
- Residential trailer parks
- Railroad right of way leasing
- Mining property leasing
- Land rental or leasing
- Grazing land rental or leasing
- Vacation and recreation land rental or leasing
IBISWorld Industry Research Report
Land Leasing in the US (53119)
Revenue 2025
$19.8bn
Growth 2025
2.51%
Key Trends
Credit inflation after COVID-19 stimulus and debt freezes put land leasing companies in a risky financial position
Manufactured home prices shot through the roof while remaining well below traditional homes
High rates prevent new business for land leasing companies
Products and Services
Similar Industries
For some business types, there may be a similar industry to 531190 - Lessors of Other Real Estate Property that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
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;
IBISWorld industry research report
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NAICS Cross Reference
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); and
IBISWorld industry research report
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NAICS Cross Reference
Renting or leasing space for self-storage--are classified in Industry 531130, Lessors of Miniwarehouses and Self-Storage Units.
IBISWorld industry research report
NAICS Hierarchy 531190 - Lessors of Other Real Estate Property
NAICS Code 531190 - Lessors of Other Real Estate Property sits in the 2-digit Lessors of Other Real Estate Property sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 53
Sector Title: Real Estate and Rental and Leasing
3 Digits 4 Digits 5 Digits 6 Digits
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5311 Lessors of Real Estate
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53111 Lessors of Residential Buildings and Dwellings
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53112 Lessors of Nonresidential Buildings (except Miniwarehouses
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53113 Lessors of Miniwarehouses and Self-Storage Units
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53119 Lessors of Other Real Estate Property
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5312 Offices of Real Estate Agents and Brokers
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53121 Offices of Real Estate Agents and Brokers
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5313 Activities Related to Real Estate
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53131 Real Estate Property Managers
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53132 Offices of Real Estate Appraisers
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53139 Other Activities Related to Real Estate
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5321 Automotive Equipment Rental and Leasing
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53211 Passenger Car Rental and Leasing
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53212 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
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5322 Consumer Goods Rental
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53221 Consumer Electronics and Appliances Rental
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53228 Other Consumer Goods Rental
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5323 General Rental Centers
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53231 General Rental Centers
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5324 Commercial and Industrial Machinery and Equipment Rental and Leasing
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53241 Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing
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53242 Office Machinery and Equipment Rental and Leasing
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53249 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
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5331 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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53311 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works
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NAICS Resources
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