Multiple Access Points for Entry and Exit Separate, well-located driveways help distribute traffic and reduce congestion during peak hours At least two access points are recommended to separate truck and employee vehicles Entrances should be aligned with public road intersections for better visibility Wide curb cuts and reinforced pavement are essential for heavy-vehicle maneuvering Gate...
Baseline Land Area Requirements A functional multi-tenant business park typically requires a minimum contiguous land parcel of 5 to 15 acres 5 acres may support a small-scale campus with 2–3 buildings and surface parking 10 to 15 acres enable flexible phasing and larger tenant spaces (20,000–100,000+ sq ft each) Allows room for shared amenities like internal roads, stormwater ponds, and...
Commercial Office (CO) and Business District Zoning These zones are specifically designated for professional, administrative, and corporate office uses Typically allow mid- to high-rise office buildings, medical offices, and service hubs Emphasize low-impact, daytime uses with limited traffic generation Often include development standards for landscaping, parking, and signage May allow...
Lot Shape and Site Efficiency The geometric configuration of the assembled parcels directly affects layout flexibility and design efficiency Rectangular or square parcels support efficient building footprints and circulation Irregular or L-shaped lots may restrict access, light, or usable depth Narrow lots can limit parking layout, drive-thru design, or bay spacing Unified geometry...
Surface Parking and Vehicle Storage Vacant lots can be temporarily converted into parking facilities to generate short-term cash flow Hourly or monthly parking leases cater to nearby businesses, residents, or commuters Event-based parking can yield high returns in entertainment or stadium districts Storage of commercial fleets, buses, or construction vehicles provides stable income Minimal...
Aggregated Parcel Value Uplift A unified, assembled parcel often holds a significantly higher value than the sum of its individual lots Assembled land allows larger-scale development, increasing per square foot utility Higher zoning potential (FAR, height) becomes viable once site size thresholds are met Parcel unity reduces site inefficiencies like duplicate driveways or...
Strategic Value of Corner or Anchor Parcels Corner and high-visibility parcels often control access, layout, or zoning potential for the entire site Offer multiple frontages that enhance site circulation and commercial visibility Often eligible for higher FAR or height allowances in urban overlays Essential for drive-throughs, access easements, or unified design flow Without control of...
Option Agreements Option agreements give the buyer the exclusive right to purchase a property within a defined timeframe Allows site control without immediate purchase obligation Often includes an upfront option fee credited toward the purchase price Useful for conducting due diligence or securing entitlements before closing Protects against competing offers while buyer finalizes financing...
Phased Acquisition and Option Agreements Structuring purchases over time or using option contracts allows flexibility while reducing upfront risk Use purchase options to lock in prices without immediate commitment Phase acquisitions to avoid triggering seller resistance or market speculation Set timelines and benchmarks tied to entitlement or zoning milestones Minimize visibility of full...
FAR Scaling Based on Lot Size Many zoning codes increase allowable FAR as site area crosses specific thresholds Larger sites may qualify for FAR multipliers, enabling more buildable floor space Step-up models apply: e.g., FAR 2.5 for <1 acre, FAR 3.5 for >2 acres Incentives often tied to ability to support bulkier buildings with adequate open space Jurisdictions may link base FAR to...
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