Zakat On Commercial Property
Unless in personal use, the property is considered your asset for as long as you own it and you should pay 2.5 zakat on the market value of it, calculated on the day that you dispense your zakat. If you sell the property before your next year’s zakat is due then it won’t be included in your assets. Instead the proceeds that you received from selling it will be added to your total assets which the zakat will be assessed on. If you build offices, as you sell each office, 5% or 10% of the gross proceeds will also go towards zakat depending on whether or not you have material involvement in your business.