deepblog

Unlocking Zoning for Acquisition Opportunities: Deepblocks Revolutionizes Property Analysis

Elevating Acquisitions with Data: Unveiling Deepblocks' Strategic Value Deepblocks is a valuable acquisition tool. If you need evidence, here it is. Unprecedented Analysis: Decoding the Search of 18,000 Properties in Bedford-Stuyvesant We analyzed 18,000 properties in Brooklyn's Bedford-Stuyvesant area and identified 13 with at least 50 units yet zoned for...

Bedford-Stuyvesant in Brooklyn: A Decade of Remarkable Economic and Population Growth

The Rise of Bedford-Stuyvesant: Brooklyn's Star Performer In Brooklyn's Bedford-Stuyvesant neighborhood, we've observed the highest cumulative growth over the past decade in our measured category. Beyond the Numbers: The Visual Impact of Growth Clusters While those acquainted with the area might find this unsurprising, visualizing this cluster of tracts is...

TUTORIAL: Deepblocks PRO - DASHBOARD

(Matthew’s transcript) Welcome to the Deepblocks PRO. Today, our focus is the Dashboard. From your dashboard, you can: You can also start a new study in two ways: You can also access: Remember, our chat feature is always on standby. More will be revealed, Olivia. About Deepblocks: Deepblocks is state-of-the-art...

Analyzing a Decade: New Rochelle's Tract 59.01 through ChatDB Insights

Harnessing ChatDB: Exploring Long-Term Trends with the /graph Command. Utilizing ChatDB's /graph command for census tracts, I examined the ten-year trends of population growth, median income, and median rent for New Rochelle's tract 59.01. Population Dynamics: The Rising Demand in a Limited Space. The population trend indicates an average increase...

Deciphering New Rochelle's Growth: ChatDB’s /rank Command Reveals Top Tracts

Using the /rank command in ChatDB, I generated a list of the top ten tracts in New Rochelle, NY. Interestingly, tract 59.01, which we've been discussing, holds the top spot in the city based on its cumulative score. Breaking Down 59.01: How It Compares Across Key Growth Metrics Among the...

Optimizing Development Potential: A Case Study on New Rochelle's 59.01 Tract

Access & Overview: Dive into our Accessible Model on New Rochelle's Prime Site. Access and modify this model without any subscription requirements: https://developer.deepblocks.com/explorer/eGqJBBvH4HQoZwsPCFRV Recently, we identified the only site in New Rochelle’s 59.01 tract with the potential for over 60 units. Presently, the site hosts a small retail establishment. Development...

Unlocking Real Estate Opportunities: How Zoning Dictates Development and Acquisition in New Rochelle

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....

Urban Demographic Trends: New Rochelle to Manhattan

Initial Observations in New Rochelle In a previous post, I hypothesized a unique demographic transformation in New Rochelle that might contrast with trends in neighboring areas. Specifically, I noticed the diminishing White and Black communities and the upswing in Hispanic and Asian populations in New Rochelle, and wondered if the...

Revolutionizing Real Estate: The Rise of Automation with ChatDB

From Manual Entry to Instant Data Access: The Automation Evolution" The potential of automation in the real estate sector is often underappreciated. Previously, we had to code each study painstakingly and, before that, input them manually into GIS software. Now, with ChatDB, we can access a plethora of information instantly....

Analyzing New Rochelle's Racial Distribution Trends with ChatDB

The power of data analysis and visualization has paved the way for deeper, more nuanced understandings of demographic changes in regions across the US. Using ChatDB, we delved into the racial distribution of New Rochelle over eight years, from 2013 to 2021. Trends vs. Data Points ChatDB offers multiple perspectives...

Comparing Median Income Growth in Connecticut’s Stamford, Norwalk, and Bridgeport: A Closer Look at Proximity to New York City

When examining the economic landscapes of Connecticut’s cities, particularly Stamford, Norwalk, and Bridgeport, a curious pattern emerges in median income growth. This analysis delves into the trends, shedding light on how proximity to New York City affects these numbers. Proximity to New York City: A Key Factor It's interesting to...

Strategic Selection of Secondary Markets: A Focus on Growth Opportunities

Selecting secondary markets for investment or development is a complex task, especially given the thousands of cities to evaluate. A well-considered strategy must be at the heart of the selection process. A combination of high buildable area and a relatively lower median income might present a viable formula for identifying...

Exploring the Top Cities in New York: A Closer Look at the Rankings

New York State, known for its vibrant diversity and dynamic growth, houses cities that reflect the rich tapestry of American life. In this exploration, we look beyond mere numbers and statistics to discover the soul of the top cities in New York. Let's delve into what makes these cities truly...

Announcing Deepblock’s Expansion into 16 New Municipalities Surrounding New York City.

We are thrilled to announce the release of 16 additional municipalities, expanding our presence in the New York City market. This allows you to delve into these cities and search for properties that align with specific development criteria. These criteria include permitted uses, allowable units, development capacity, or the total...

Leveraging Geospatial Analysis in Real Estate: Introducing the /map Function in ChatDB

The Imperative of Location in Real Estate: Unveiling the /map Function in ChatDB Real estate, as we often hear, is all about location, location, location. Geospatial analysis is indispensable in this field, providing crucial insights into where events are happening, how they are evolving, and their potential directions of migration....

ChatDB: Streamlining Data Visualization in Real Estate Market Analysis

Introducing ChatDB: A Dual-Purpose Tool for Data Visualization and Internal Innovation ChatDB serves a dual purpose. Beyond functioning as an internal disruptor, it is a practical solution to our data visualization needs. Our designers and engineers previously invested considerable time writing code and generating graphs for marketing content. ChatDB was...

Embracing Disruption in Real Estate Tech: The Evolution from Software to AI-driven ChatDB

Disrupt or Be Disrupted: A Guiding Principle for the Digital Era In the fast-paced realm of technological advancements, organizations must be the driving force behind their evolution. If they don't take the lead in reshaping their operations, they risk being upended by external disruptors. This truth resonates across sectors, including...

Uncovering Miami's Central Business District: A Deep Dive into Property Unit Allowances

Visualizing Property Distribution: Understanding Our Chart and Its Implications As we continue our exploration of Miami's Central Business District, we've generated a bar chart that presents an intriguing breakdown: the distribution of properties based on the number of units they are permitted to house. This visual representation allows us to...

Leveraging Unit Density Overlays for Enhanced Residential Zoning in Miami

Unlocking the Potential of Residential Density Increase Areas Overlay (RDIA) Unit Density Overlays significantly alter the landscape of residential zoning. In the City of Miami, depending on the property's location within the Residential Density Increase Areas Overlay (RDIA), unit allowances can increase almost sixfold compared to base zoning. RDIA's scope...

Demystifying Zoning Categories in Miami: A Comparative Analysis of Unit Allowances

The exploration of Miami's zoning continues, and this time, we're examining a critical component: the total units allowed within different zoning categories. A visual representation has been created to provide an intuitive comparison between three categories: All Overlays, T6 (No Overlay), and D1-T5 (No Overlay). Understanding the Categories and their...

Deepblocks Fund: A Feasibility Study of Potential Investment Opportunities in Little Havana

Criteria-Based Selection: Identifying Potential Investment Properties Suppose we decided to proceed with a Deepblocks fund. Here is an illustrative feasibility study for the 13 properties in Little Havana that were pinpointed by our query. We specifically identified properties with these criteria: single-family homes, built prior to the 1980s, structures between...

Strategic Investment in Miami's Low-Density Zones: A Development Fund Approach

The Investment Strategy: Targeting Lower 'T' Zones Were we to establish a small development fund aimed at investing in Miami, our initial focus would be on the lower 'T' zones. These zones are suitable for smaller-scale projects, facilitating an iterative approach across the portfolio. Preferred Search Parameters: Identifying Ideal Investment...

Understanding Zoning Codes for Residential Development in the City of Miami

Distinctive Zoning Codes and Logical Systems in the City of Miami Each municipality operates under its unique zoning code, characterized by distinctive vocabulary and logical systems. The City of Miami utilizes a specific system to categorize different types of development:T = residential and mixed-use D = industrial and work place...

Is there AI innovation in Miami’s tech scene? Here’s everything you need to know

Artificial intelligence may not initially come to mind when you think of #MiamiTech, with verticals such as web3 and fintech playing such a prominent role in our local ecosystem. But increasingly, AI is enabling the innovation of local startups – with various community players supporting these efforts. Community is powering...

Rise of the machines: How AI is a game changer for developers

Startups are introducing tech in ways that could revolutionize real estate ChatGPT has emerged as the poster child for AI 2.0 — the next generation of machine learning – and as a go-to for residential real estate agents looking to speed their workflows. But residential brokers have just begun to...

Assessing Rental Demand in Miami: A Close Look at High Potential Tracts

In our analysis, we juxtapose the current rental units in the top ten tracts with the highest unit development potential across the City of Miami, factoring in both the demand for rental units and the median rent in these tracts. Rental Units and Development Potential in Miami's Top Ten Tracts...

Pioneering Building Development: Harnessing AI for Optimal Locational Decisions

Deepblocks is an AI company dedicated to tackling the challenging question - "Where should I build?" Traditionally, answering this question would require an intimate understanding of local markets or a vast collection of complex datasets that combine information about development capacity, existing property inventory, and population demand. The Scalability Advantage...

<strong>Assessing Pricing Scenarios for 231 E Flagler ST: A Developer's Perspective</strong>

We analyzed the 231 E Flagler ST listing by running it through multiple pricing scenarios, taking into account construction costs and potential rents based on the developer's vision. Rents for 1,200 SF units in the area range from $2,800/mo to $11,000/mo, heavily influenced by the target market and the building's...

Evaluating the Uniqueness of a Property: The Case of 231 E Flagler ST

Utilizing the Market Scanner to Compare Property Characteristics To determine the uniqueness of a property like 231 E Flagler ST, we use the market scanner to compare properties with similar characteristics within a one-mile radius: Lot size: 14,000 SFUnits Allowed: 321 unitsBuildable Area: 330,000 SFExisting Building Area: 12,000 SF Uncovering...

Comparable Properties: Assessing Value in the Edgewater Real Estate Market

Following our 423 NE 27th ST analysis, we delve into comparable properties within the Edgewater area. By examining the overlapping characteristics of these properties, we can assess whether any offer is a better deal than the $25 million asking price of the subject property. Identifying Comparable Properties We identified 13...

Balancing Expectations: Navigating Feasibility Studies with AI Assistance in Real Estate Investments

Feasibility studies often reveal harsh realities. In this post, we'll explore a feasibility study for listing 3400 NE 2 AVE, Miami, FL. Initially, we estimate 162 units, resulting in a 31-story building. When factoring in the 243 required parking spots, the building height increases to 43 stories. The zoning regulations...

The Power of AI in Feasibility Studies: Uncovering Real Potential for Real Estate Investments

Feasibility studies are crucial in real estate investment, particularly for Value-Add and Opportunistic funds. The AI assistant provides preliminary zoning data on units allowed, parking requirements, maximum building height, and FAR, helping uncover a property's true potential. The AI-Assisted Feasibility Study in Action The AI assistant analyzes property 133 NE...

Navigating the Final Stages of Site Selection: Analyzing Properties with AI Assistance

After narrowing down the list of potential investment properties, the AI now assists the analyst in comparing the remaining properties based on price, shape, existing building area, development potential, and sea level rise risk. Comparing Price and Cash-Flow Potential Priced at $355/SF and $551/SF of land, the latter features an...

AI-Powered Site Selection with Deepblocks. Revolutionizing Real Estate Investment

Investors will turn to AI-powered tools for site selection and feasibility analysis as the real estate industry evolves. At Deepblocks, we're pioneering the development of an AI assistant that leverages our cutting-edge data and software to streamline these critical processes. This week, we'll delve into a hypothetical conversation between a...

Maximizing Real Estate Investment Potential with Deepblocks

Discovering the Highest and Best Use for a Property Determining the highest and best use involves running multiple scenarios. We envisioned a software that automatically identifies the most profitable development approach, and we are closer than ever. We started with a tool that allowed us to seamlessly analyse development. Exploring...

Deepblocks: A Powerful Tool for Analyzing Real Estate Investment Opportunities

Delving Deeper into Listing ID: A11353589 With a listing selected, Deepblocks provides images, descriptions, and zoning data to help you decide whether to operate or build from scratch. In this case, the existing property includes three buildings, 13 units, and a combined structure size of 4,494 square feet, constructed in...

Leveraging AI-Powered Real Estate Software: Revolutionizing Property Searches and Investments

Envisioning the Future of PropTech As technology evolves, we are reimagining the interface between investors and cities. By blending cutting-edge advancements with user-friendly design, we can create a seamless experience for clients searching for the perfect property. Discovering Commercial Properties in Little Havana, Miami, with Deepblocks Imagine using Deepblocks (Db)...

Understanding Setbacks: Shaping the Layout of Buildings on a Lot

What are Setbacks? Setbacks are the minimum required distances between a building's exterior walls and the property lines of a parcel of land. Setbacks ensure that buildings maintain a certain distance from streets, neighboring properties, and other structures, to regulate light, air, and privacy. The Purpose of Setback Regulations Setback...

Exploring Zoning Lot Coverage: A Key Factor in Land Development

What is Zoning Lot Coverage? Zoning Lot Coverage refers to the percentage of a parcel of land that can be occupied by a building's footprint, including all its projections (such as eaves, porches, or decks). This regulation is crucial for controlling the density and intensity of land use in a...

Navigating Unit Density Overlays and Future Land Use Maps for Optimal Investment Opportunities

The Impact of Unit Density Overlays on Allowed Unit Density Unit Density overlays, such as Miami's Residential Density Increase Areas (RDIA), can significantly influence the permitted units on a parcel. In RDIA areas, the base zoning allows 150 units per acre maximum. However, the RDIA overlay can increase this limit...

Leveraging Unit Density: Identifying Acquisition Opportunities

Recognizing the Value of Unit Density in Acquisition Opportunities Unit density is a valuable metric when exploring acquisition opportunities, particularly when a parcel's existing number of units equals or exceeds the allowable limit. The parcel has already reached or exceeded its maximum Unit Density in such cases. Targeting Properties with...

Unlocking Potential: Identifying Underutilized Parcels for Maximum Unit Density

The Role of Unit Density in Uncovering Development Opportunities Unit Density is a valuable tool for pinpointing underutilized parcels with room for additional units. When the existing number of units is lower than the allowable limit, it indicates the potential for further development, as the parcel has yet to reach...

Decoding Unit Density: A Comprehensive Guide to Understanding Residential Development Potential

Understanding Unit Density in Residential Developments Unit Density is a measure used to determine the number of allowable dwelling units on a specific parcel of land. This concept applies to multifamily, condominiums, single-family homes, and hotels. Methods for calculating units allowed are based on each city's preferred approach. Calculating Units...

The Power of Buildable Area: Deepblocks' Game-Changing Approach to Real Estate

Streamlining Site Selection with Deepblocks' Innovative Software Deepblocks is the only software on the market that enables users to filter properties across entire cities based on their total buildable area. Combined with the existing building area, it identifies properties with significant development capacity, streamlining site selection. The Importance of Buildable...

Mastering FAR: The Key to Efficient Site Selection and Property Development

Streamlining Site Selection with FAR-based Market Queries FAR (Floor Area Ratio) is a metric that indicates the maximum development capacity of a property by comparing its total floor area to the parcel size. Querying a market based on development capacity using FAR can expedite site selection processes by several months....

Reviving Dayton's Julienne High School Site: From Controversy to Urban Development

Community Efforts to Save the Historic Building The former Julienne High School, a historic building in Dayton, Ohio, faced controversy as community members fought to save it from demolition in 2012. They suggested repurposing the site for transitional housing, job training, or community centers. HōM Flats at Forest Avenue: A...

Predicting the Timing of Downturns in the Florida Construction Industry

How Can Machine Learning Help Investors Time Their Entry into the Florida Market? Deepblocks is using machine learning to predict the timing of local downturns and bottoms in the construction industry. By using construction activity as a proxy for economic trends, predictions could be a valuable tool for investors to...

The Complexity of Zoning Data and the Potential of Advanced Technology

Understanding the Importance of Complete and Accurate Zoning Information for Real Estate Development and Property Ownership Digitization and automatic zoning calculation are becoming increasingly popular for their ability to provide accurate and consistent development insight at scale. Traditional collection and dissemination of zoning methods are often manual and prone to...

The Connection between Homeownership and Crime Trends in Major Florida Cities

A Closer Look at the Correlations between Ownership and Crime in Small and Large Cities Our analysis of the Dallas-Fort Worth metropolitan area revealed correlations between city size, homeownership, and crime trends. Larger cities have less crime when more people own property. Inversely, small cities have less crime with decreasing...

Exploring Major Florida Cities: A Comprehensive Comparison of Population, Inventory, and More.

We uncover the top-ranked Florida cities in the Deepblocks Density Index Report. The Florida cities density report compares five major cities based on seven categories: population, economics, construction, development, inventory, crime rates & overall best city. Miami has the highest overall score, followed by Tampa, Orlando, Tallahassee, and Jacksonville. What...

22 AI Real Estate Companies to Know

Buying a house in a competitive market is a mentally taxing venture that reportedly involves fourteen distinct emotional stages. That means real-estate agents have to show empathy and compassion when prospective buyers need a boost—in other words, can't be bots. In 2014, an AI-powered bot showed enough humanity to pass...

A sophisticated software solution for comprehensive real estate development analysis.

The Deepblocks Developer offers a cost-effective solution with an array of essential real estate development tools in a single platform. During my graduate studies in real estate development, using multiple software products like Excel, SketchUp, and PowerPoint was tedious and time-consuming. It involved navigating various interfaces and manually transferring data...

Three hundred sixty-one homes near downtown Fort Worth are nearly 100 years old.

Fort Worth tract 1038.00, near downtown, has 797 homes built between 1900 and 1960s. There are numerous old houses with tons of character, great structures, and solid foundations. When I looked into tract 1038.00 in Fort Worth, I found the following opportunities: 797 houses built before 1960 and 361 built...

Median income from 2013 to 2020 in downtown Fort Worth.

Some of Fort Worth's downtown tracts' median income has doubled in seven years. Fort Worth’s downtown tracts 1237.00 and 1038.00 are in the top five of economic growth. I used the Deepblocks dynamic layers to see how median income changed from 2013 to 2020. This feature helps create investment narratives...

Utopia in Fort Worth’s Downtown Tract 1233.02.

This Fort Worth downtown tract has unlimited zoning capacity and industrial-residential-agricultural mixed-use. We found a utopia in Texas. There is so much potential in downtown tract 1233.02. Not only does it have unlimited buildable area in the zoning rules, but it also allows for multifamily, industrial, and urban agriculture—on the...

Top five neighborhoods for real estate investment in Fort Worth, Texas.

We’ve compared all census tracts across Fort Worth based on demographics, construction, zoning, and economic conditions. Introducing our data-driven formula to identify census tracts with the highest growth trends in any given city. It combines demographic growth, construction activity growth, zoning capacity, and economic growth. We are bullish on the...

StartUp innovation techniques from Silicon Valley. 

Is investment automation possible in real estate development? Over the past two weeks, I’ve shared findings from an automated, data-driven investment method. The objective is to find investment opportunities instantly and at scale to increase investment funds’ efficiency and speed. Ultimately, our fund. Why Deepblocks spent so much time digitizing...

The Densest Neighborhoods in Irving, Texas

Is it possible that the highest density doesn’t always indicate a city’s downtown district? We expected to find downtown Irving within the top five densest census tracts based on total buildable, but to my dismay, downtown Irving was not one of them. It was troublesome because we wanted a data-driven...

Are you Afraid of AI?

As a graduate of Singularity University, I subscribe to the idea that digitization and automation promise a future of abundance. Undeniably, it will require new skill sets. From time to time, I get the feeling that I need to start learning how to code. The sooner we move towards acquiring...

Deepblocks Custom PDF: Branded Real Estate Reports

Most of what we are building today is by request of our customers. The need for custom real estate reports was heard loud and clear. I wasn’t sure what the big deal was until I looked into what it took to create a branded real estate presentation. Investors, brokers, and...