Parking Ratio Calculator

Calculate Parking Ratio



Formula

The formula to calculate the Parking Ratio (PR) is:

\[ PR = \frac{RSQF}{PS} \]

Where:

Parking Ratio Definition

A parking ratio is defined as the total ratio of the rentable square footage of a building to the total number of parking spots of that building. Typically, this ratio is reduced to parking spots per 1,000 square feet. For example, a ratio of 10,000/1 would be reduced to a ratio of 10:1.

Example Calculation

Let's assume the following values:

Using the formula to calculate the Parking Ratio:

\[ PR = \frac{50000}{250} = 200 \text{ sq ft per spot} \]

Reduced Parking Ratio:

\[ \frac{200}{1000} = 0.2 \text{ spots per 1,000 sq ft} \]

The Parking Ratio is 200 sq ft per spot, or 0.2 spots per 1,000 sq ft.