CCIM 102
Central Place Theory - answer A theory that explains the distribution of services, based
on the fact that settlements serve as centers of market areas for services; larger
settlements are fewer and farther apart than smaller settlements and provide services
for a larger number of people who are willing to travel farther.
Population to employment ratio (PER) - answer Total population/ total employment
PER - answerFor every 1 person working there are only 2 working (3 PER)
Location Quotient (LQ) - answere (local) / E (national)
EBM - answerTotal employment/ basic employment in community
Factors in apartment market area delineation - answer household linkage patterns,
household psychographics, competitive facilities, physical and psychological barriers
location analysis for an office use usually examines - answer the general area around a
site or a general submarket area
location analysis for an industrial use usually examines - answer the general area
around the site or a general submarket area
market analysis is important to the investor because - answerit provides the data
necessary to perform a strategic analysis
strategic analysis - answerthe process of determining whether the market will support a
particular use at a particular site so it is profitable is called
four components of the strategic analysis - answermarket and competitive analysis,
location and site analysis, political and legal analysis, and financial analysis
lifestyle data - answernot available from the US cense
Smallest geographic area for which data is available - answer
Gap= demand- supply - answer
potential sales/ avg. sales per sq ft. - sq ft of supply - answerGAP
total sales in category/ total sq ft space in category - answeraverage sales per sq ft
Central Place Theory - answer A theory that explains the distribution of services, based
on the fact that settlements serve as centers of market areas for services; larger
settlements are fewer and farther apart than smaller settlements and provide services
for a larger number of people who are willing to travel farther.
Population to employment ratio (PER) - answer Total population/ total employment
PER - answerFor every 1 person working there are only 2 working (3 PER)
Location Quotient (LQ) - answere (local) / E (national)
EBM - answerTotal employment/ basic employment in community
Factors in apartment market area delineation - answer household linkage patterns,
household psychographics, competitive facilities, physical and psychological barriers
location analysis for an office use usually examines - answer the general area around a
site or a general submarket area
location analysis for an industrial use usually examines - answer the general area
around the site or a general submarket area
market analysis is important to the investor because - answerit provides the data
necessary to perform a strategic analysis
strategic analysis - answerthe process of determining whether the market will support a
particular use at a particular site so it is profitable is called
four components of the strategic analysis - answermarket and competitive analysis,
location and site analysis, political and legal analysis, and financial analysis
lifestyle data - answernot available from the US cense
Smallest geographic area for which data is available - answer
Gap= demand- supply - answer
potential sales/ avg. sales per sq ft. - sq ft of supply - answerGAP
total sales in category/ total sq ft space in category - answeraverage sales per sq ft
