The visual depiction of the farm data standards hierarchy is useful https://github.com/Datalinker-Org/Farm-Data-Standards/blob/master/Farm%20Features%20and%20Attributes/FFADS_FeatureHeirarchy.png
However its important to note that Hazards may not just be shapes. They may be represented by points or lines. Likewise, assets are not limited to Agri Buildings, they may be Ponds, Dams, Frost fans, pumps etc. They can also be Hazards.
Maybe its really that an Entity like the examples above can exist in multiple roles each of which may have a set of attributes relevant to this role. Another view is that the point of the frost fan represents the fan and an asset, while the area around it represents the hazard area, or as been suggested