Whether you are buying, developing, or rehabbing a commercial property, parking is a big consideration. This is where our parking ratio calculator and parking space calculator comes in handy.
Now you can easily calculate the correct parking numbers you need.
Using our parking calculators is quite straightforward.
For the parking ratio calculator:
For the parking space calculator:
After you provide the necessary details and click the button, you'll have your calculation It is that simple!
While the calculation process is simple, there are a few factors to consider when determining the optimal parking scenario.
Let's examine how to calculate the parking ratio per 1000 square feet. The equation is as follows:
PR = 1000 × PS / RA
The PS/RA ratio needs to be multiplied by 1000 if you wish to calculate the parking ratio per 1000 square feet. If you are interested in a simple parking ratio, the multiplication by 1000 can be skipped.
Let's examine how to calculate the number of parking spaces needed. The equation is as follows:
PS = RA * (PR/1000)
Let's imagine you are developing a 50-unit multi-family property with a gross building area of 50,000 square feet.
In scenario one, you know that there are 100 required spaces and you need to know what the parking ratio is.
To determine the parking ratio, use the following formula:
PR = 1000 × 100 / 50000 = 2
So, for this hypothetical apartment building, the parking ratio equals 2 parking spots per 1000 square feet, or for simplicity, a ratio of 2:1000.
In scenario two, you know that the parking ratio is 2 spaces for every 1000 square feet and you want to know the total number of spaces you'll need.
To determine the number of required parking spaces, use the following formula:
PS = 50,000 * (2 / 1000) = 100
So, for this hypothetical 50,000 square foot apartment building, you will need 100 parking spaces based on a ratio of 2:1000.
For more useful tools to assist you in property planning and development, check out our other calculators: