Maps for Commercial Real Estate
Expanding on our previous commercial real estate webmap examples we dive into a sample dataset of retail site selection. This time we are looking for a site for an existing bank. To keep things simple in this process we have compiled four different datasets that will help assist our hypothetical bank client in getting a better look at the expansion options. You can follow along here. To start our sample client Chase Bank is looking to expand and wants to…
Real Estate Tour Maps are one of the core items agents need. Long ago they were printed and bound in a book of paper. Currently they exist as a PDF that includes every flyer or a summary text and possibly picture of each location. What if there was the next gen in presenting your possible locations to your client that was 100% web based. It’s time to explore the Real Estate Tour Webmap There are many different and constantly changing…
If you saw our previous post on one of the most popular types of Real Estate maps, the Logo Map. We have a new twist on that topic. What if you want to view a larger area or have the ability to zoom around and see who is where? Enter in the new offering of Logo Webmaps. What makes these so different? Well if you have your competitors in a database this is a strait forward application. Sorry this is…
Lets say you are out taking pictures of locations with your phone. Possibly for an upcoming real estate tour. Go into your phone settings and make sure that location tags (Geotagged) are enabled. This means that every time you snap a picture with your phone, location data will be captured and tagged to your photo in the background. Think time, date, location (Latitude & Longitude) based on your inboard GPS or Triangulated position. Geo Locate Photos Automatically without breaking a sweat….
Location Mapping is one of the core maps needed in real estate. By taking any list containing any number of locations can be clearly marked for your client. Most real estate clients have some key information, usually in excel that they need to see mapped out. It could be lists of locations they own. Potential sites to relocate to. Competitors or even distribution hubs for logistics. Seeing all locations on one map gives scale to the client. Adding a legend…
Analyzing locations based on a standardized Zip Code level is common. Typically this is called zip code analysis. We take customer location data in excel and display the densities of each zip by color and labeled each zip code, all overlaid on a custom base map. Let’s say you have 75,000 addresses of customers. Seeing patterns in the individual locations will be difficult. What if you generalize it down to the zip code level? By generalizing your data you get to…
When office tenants want to relocate to new space they usually prefer to be closer to their existing employees. What is the best way to accomplish that task? Adding an employee drive times map is the fastest way to compare locations to employees. First get the lists of available office sites and current employees locations from the client. By mapping out all of that information it gives the client an idea of the search area. Next we add in the Drive…
In Real Estate one of the most popular items you need are Logo Maps. They are the universal item that is requested to properly marketing your site. Logo Maps do a fantastic job of showing where your site is in comparison to other major draws in the immediate area. They show access points, parking areas, co-tenants and how the overall flow of traffic and people. Clean Logo Maps show how centralized or valued the location of your site really is….
Demographics tend to be a pretty boring thing. Yet they are very important to just about every aspect of business. Typically people are used to seeing demographics in some article or research stat piece. Or in more detail in a dedicated report that is a standard but boring 1-3-5 Mile radius ring study. For a review on past examples of how a radius search works start here. We are going to elevate our demographics game to another area that isn’t talked…
Step three of our example set continues on with Trade Areas. We will focus on the art of designing a potential trade area based on multiple variables. Straight distance or a radius, drive times, mental barriers and taking into account other locations. The Trade Area We take the best of all variables and draw what the typical pattern would be for someone to get to your site. Most importantly including number of other locations someone could go to. Radius and…