Tag Archives: parking and parking ratio

The Site Description section is typically the easiest part of an appraisal to write.  Thanks to online data systems, getting pretty and timely maps is almost too easy.  Appraisers know how to describe topography and other basic site features.  I've said before that each marina has a story to tell and the Site Description is.
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Marina Parking Ratios

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It is almost standard operating procedure for commercial appraisers to count parking spaces and to calculate a parking ratio.  Unlike common commercial property types, calculating this for marinas produces incorrect results or no results more often than not.  Here's why:
  • To count the number of parking spaces, you need a marker.  That can be striped asphalt.
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