To calculate the Net Lot Area (NLA):
\[ NLA = TLA - PA \]
Where:
Net lot area refers to the total area of a lot that is available for private use after subtracting any public areas. This measure is important in real estate and urban planning to determine the usable land for development or personal use.
Let's assume the following values:
Using the formula:
\[ NLA = 10 - 2 = 8 \text{ acres} \]
The Net Lot Area is 8 acres.
Let's assume the following values:
Using the formula:
\[ NLA = 15 - 3.5 = 11.5 \text{ acres} \]
The Net Lot Area is 11.5 acres.