Question

Match the term to the most correct definition: sales per square foot Property-specific characteristics of a property such a physical limitations, regulatory requirements, and environmental considerations that impact development: Market characteristics that impact development such as demographics, accessibility to the customer base, traffic generators, and competition: technical factors A tool used by real estate professionals to identify potential development opportunities based on differences in the demand and supply of space: gap analysis The primary source for demographic data: population census The primary source for expenditure data: economic census The primary demand for a good or service that is calculated using both expenditure and demographic data: concurrency The data available from sources such as ULI's Dollars & Cents that is necessary to convert demand in dollars to demand in square feet: technical factors The ratio of building square footage to square footage of the site: floor area ratio A set of land use regulations that ensure that new development does not exceed local government's capacity for water, sewer, traffic, and other facilities: per-capita demand out-parcels Excess land on the corners of a shopping center or large retail development that can be sold off at a much higher price due to the existence of the new development:

the answers are wrong

Answer 1

Property-specific characteristics of a property such as physical limitations, regulatory requirements, and environmental considerations that impact development - technical factors

Market characteristics that impact development such as demographics,accessibility to the customer base,traffic generators, and competition - technical factors

A tool used by real estate professionals to identify potential development opportunities based on differences in the demand and supply of space - gap analysis

The primary source of demographic data - population census

The primary source of expenditure data - economic census

The primary demand for a good or service that is calculated using both expenditure and demographic data - per-capita demand

The data available from sources such as ULI's Dollars & Cents that is necessary to convert demand in dollars to demand in square feet - sales per square foot

The ratio of building square footage to square footage of the site - floor area ratio

A set of land use regulations that ensure that new development does not exceed local government's capacity for water,sewer,traffic and other facilities - concurrency

Excess land on the corners of a shopping center or large retail development that can be sold off at a much higher price due to the existence of the new development - out-parcels