Parking tabulation form 2025

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This ratio is most commonly expressed per every 1,000 square feet of property, i.e., a 20,000-square-foot office building with 100 parking spaces would have a parking ratio of five spaces per 1,000 square feet.
For example, a parking ratio of 4:1,000 means there are four parking spaces for every 1,000 square feet of building area. Spaces per Unit: In residential real estate, the parking ratio might be expressed as the number of spaces per dwelling unit.
To calculate parking ratio, divide the total number of parking spaces by the total rentable square footage of the property, then multiply by 1,000. This is expressed as a ratio of spaces per 1,000 square feet.
There is no hard and fast rule for what makes a good parking ratio, but a general rule of thumb is that an investment grade commercial property should have a parking ratio of between 5 and 10 spaces per 1,000 square feet of leasable area.
Parking turnover is the rate of use of a facility. It is determined by dividing the number of available parking spaces into the number of vehicles parked in those spaces in a stated time period.
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