Also it's important to point out there is another class called anti-rivalrous goods which may be important for the discussion.
https://en.wikipedia.org/wiki/Anti-rival_good
>An anti-rival good is one where the more people share it, the more utility each person receives. It is the opposite of a rival good. Examples include software and other information goods created through the process of commons-based peer production. The term was coined by economist Steven Weber.
No, physical property are both excludable and rivalrous goods [1], for them ownership is a natural right.
OTOH, IP are naturally non-rivalrous, and only semi-excludable through establishment of copyright law. IP ownership is just societal construct trying to fit market mechanisms to them.
[1] https://en.wikipedia.org/wiki/Goods