Best Use and Location Risk Score Assessment
Best Use Sample Report
Address
Mt Arlington, NJ 07856
Location liquidity rate
Best uses
Liquidity rate
29 of 188
Medium
0
1
0.16
Area = 130,447 ft²
Best use (BU) ratio: suited for the given location vs. all possible options. Higher rate means more flexibility for the property owner to change its use and maintain high performance.
Key definitions
Back
29 Best Uses
List of well-suited uses* for the property's location, defined by Location Risk Score. *Standard Industrial Classification (SIC)https://www.osha.gov/data/sic-manual
shows current tenants' best use
Photographic studios
Vocational schools
Commercial sports
Dance studios, schools, halls
Theatrical producers, bands, entertainers
Child daycare services
Mailing, commercial art, photography
Research, development, testing services
Programming, data processing
Special trade contractors
Carpentry, floor work
Electrical work
Plumbing, heating, air-conditioning
Heavy construction
Retail nurseries, garden supply stores
Used merchandise stores
Sports center
Important tourist attraction
United States Postal Service
Executive offices
Courts
Laboratory, analytical, measuring devices
Electronic components and accessories
Services
Construction
Retail trade
Sports
Tourism
Transportation and public utilities
Manufacturing
Public administration
Best Uses – statistics
This section justifies the above results, presenting the metrics accounted in the best use selection.

There are several ways to group and select best uses: by industry, match rate (default sortitng), rental revenue or frequency/competition. Using the table, one can fine-tune the resulting structure.
0
Current
Benchmark
Delta
ft²/$K/y/median
Best use
All best use options are in the full report
Industry
Match rate ↓
Number
Frequency
%
N
%
Location Risk Score
Rental rate
—
-0.2
5.3
5.5
15.6
33
92.9
Service
Retail nurseries, garden supply stores
Important tourist attraction
Service
86.8
34
17.9
5.4
5.7
0.3
14
Camps, recreational vehicle parks
Service
85.4
15
14.6
3.9
4.2
0.3
14
Executive offices
Service
81.0
35
13.8
5.4
5.9
0.5
18
Total number of properties with the given BU in similarly scored* locations. While some uses, such as grocery stores, are widespread and found in numerous locations, others, like theaters, are more distinct and less commonly seen. *Refer to Location Risk Score
Photographic studios
Service
80.5
63
15.9
4.9
5.5
0.6
26
26
0.6
5.5
5.5
15.2
52
78.5
Service
Vocational schools
Lease price multiplied by target location area in office lots, located in close proximity to POIs in similar LBTP locations. Based on available lease data from Loopnet.com in 6 NJ counties.
Measurement of how well BU is suited to the property's location.
1 to 10 (high) relative measurement of location's catchment area, visitation and business diversity. Customized for specific BU. Benchmark - most frequent location of this BU. Current - score of the given location. Delta - difference between the two. Smaller Delta is linked to higher Match rate.
Ratio: existing properties with the same BU in similarly scored* locations vs. all possible locations. *Refer to Location Risk Score
Annual rental revenue estimate
$1,826,000
Best Uses' Match rate vs Number
A quadrant showing Match rate and Number in similar locations scatterplot. Suitable best uses are highlighted in the two upper quarters of the scatterplot.
Best uses
Other
Current tenants' best uses
Already present in the location. Current and best use comparison is one of the main features of this report, in addition to estimating liquidity and tenants selection.
shows the best use for location
Programming, data processing
Offices and clinics of doctors of medicine
Candy, nut, confectionery stores
Engineering, architectural services
Management, public relations services
Insurance agents, brokers, services
Food preparations, kindred products
Services
Finance
Manufactoring
Additional information on location
Property visits over time
Monthly visitors
% of July 2019
2+ minutes (total)
3+ hours
2 min – 3 h
Monthly visitors
% of July 2019
2+ minutes (total)
3+ hours
2 min – 3 h
Map
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