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Parking Ratio Calculator

Formula

The formula to calculate the Parking Ratio (PR) is:

$PR = \frac{RSQF}{PS}$

Where:

$PR$ is the Parking Ratio
$RSQF$ is the rentable square footage of the building
$PS$ is the total number of parking spots

Parking Ratio Definition

A parking ratio is defined as the total ratio of the rentable square footage of a building to the total number of parking spots of that building. Typically, this ratio is reduced to parking spots per 1,000 square feet. For example, a ratio of 10,000/1 would be reduced to a ratio of 10:1.

Example Calculation

Let's assume the following values:

Rentable Square Footage (RSQF) = 50,000 sq ft
Total Number of Parking Spots (PS) = 250

Using the formula to calculate the Parking Ratio:

$PR = \frac{50000}{250} = 200 \text{ sq ft per spot}$

Reduced Parking Ratio:

$\frac{200}{1000} = 0.2 \text{ spots per 1,000 sq ft}$

The Parking Ratio is 200 sq ft per spot, or 0.2 spots per 1,000 sq ft.