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What is a Parking Ratio?

Parking Ratio A parking ratio measures the number of parking spaces provided per unit of property, typically expressed as spaces per 1,000 square feet or per residential unit, crucial for compliance, user convenience, and property value assessment.

How It's Calculated

  • Total rentable square footage divided by parking spaces
  • Expressed as spaces per 1,000 SF typically
  • Common ratios include 4/1000 or 5/1000 SF
  • Provides uniform method expressing parking availability

Importance

  • Assesses whether property has sufficient parking
  • Ensures compliance with zoning requirements
  • Affects user convenience and property value
  • Used in commercial and residential buildings

Parking ratios measure parking spaces per property unit expressed as spaces per 1,000 SF or per unit, crucial for compliance, convenience, and property value.

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