To calculate the Land to Building Ratio (\(L:B\)):
\[ L:B = \frac{AL}{AB} \]
Where:
The land to building ratio is defined as the total square footage of a land parcel divided by the total area of the building footprint. This ratio is used in real estate to evaluate how much land is taken up by a building and to determine if there is room for further development.
Let's assume the following values:
Using the formula:
\[ L:B = \frac{50,000}{10,000} = 5 \]
The Land to Building Ratio is 5.
Let's assume the following values:
Using the formula:
\[ L:B = \frac{80,000}{20,000} = 4 \]
The Land to Building Ratio is 4.