Schema.org Organization: address vs. location

Question

In the Organization schema there are properties for both address and location.

What are some real world examples of when each should be used?

Location
The location of the event, organization or action.

Address
Physical address of the item.

Answer 1

A location is used on events and actions, but address is used on persons and places.

Either can be used for organizations.

If you have an organization and only have a postal address for it, use address.

If you have an organization and don't have the postal address for it, use location.