Zoning plays a pivotal role in development and acquisition, with acquisition teams now attuned to its significance. These teams can swiftly identify buildings that have fully utilized their zoning potential. They also gain insights into neighboring possibilities, gauging the number of such buildings that can arise based on zoning regulations.
Risk Profiles: The Differentiated Landscape of Land Constraints vs. Expansion Zones
The risk profile for acquisitions in a zone primed for further construction differs from one with stringent land constraints where the emergence of similar products is improbable. It's here that zoning provides critical intel.
A Deep Dive into Tract 59.01: Identifying Prime Parcels for Construction
In our video demonstration, we delve into New Rochelle’s tract 59.01, seeking potential opportunities such as development or acquisitions. We employ the “units allowed by zoning” slider to spotlight parcels ripe for maximum construction.
Spotlight on Key Parcels: Analyzing the Potential for Major Acquisitions
To encapsulate, of the 424 parcels, one permits over 100 units, and two others permit more than 80 units. Interestingly, all three have pre-existing structures that match these numbers, marking them as prime acquisition candidates within this tract.
Emerging Opportunities: The Promise of Parcels Primed for Development
A fourth parcel emerges when the criteria are adjusted to a threshold of 60 units. Currently housing a modest retail outlet, this plot is ideal for fresh construction or development.
More will be revealed,
About Deepblocks:
Deepblocks is state-of-the-art data-driven software that utilizes artificial intelligence to identify the best investment opportunities. Deepblocks digitizes zoning data with precision and provides a comprehensive understanding of city-wide development capacity down to the parcel level. Our GIS-like interface seamlessly integrates demographics, economics, construction activity, crime, ownership, and race to deliver rapid market and site selection capabilities, saving time and effort. Whether you’re a developer, investor, or real estate professional, Deepblocks is the ultimate tool to make informed decisions and stay ahead in the industry.
Learn more: https://www.deepblocks.com/
