# Best Use Sample Report

## Best Use and Location Risk Score Assessment

### Address

Mt Arlington, NJ 07856

Area = 130,447 ft²

**Best Use Basket**・29

**Location liquidity rate**: Average

### Current use

- Services
- Photographic studios
- Vocational schools
- Commercial sports
- Dance studios, schools, halls
- Theatrical producers, bands, entertainers
- Child daycare services
- Mailing, commercial art, photography
- Research, development, testing services
- Programming, data processing

### Construction

- Special trade contractors
- Carpentry, floor work
- Electrical work
- Plumbing, heating, air-conditioning
- Heavy construction
- Public administration
- Executive offices
- Courts
- Manufacturing
- Laboratory, analytical, measuring devices
- Electronic components and accessories
- Retail trade
- Retail nurseries, garden supply stores
- Used merchandise stores
- Sports
- Sports center
- Tourism
- Important tourist attraction
- Transportation and public utilities
- United States Postal Service

### Best Uses – statistics

| Best Use               | Industry                  | Match rate ↓ | % | Number | N | Frequency | % | Location Risk Score |
|-----------------------|---------------------------|--------------|---|--------|---|-----------|---|---------------------|
| Retail nurseries, garden supply stores | Retail trade | 92.9         | 33| 15.6  | 5.5| 5.3     | 0.2 | —                   |
| Important tourist attraction | Tourism | 86.8         | 34| 17.9  | 5.4| 5.7     | – 0.3 | 14                  |
| Executive offices      | Public administration     | 81.0         | 35| 13.8  | 5.4| 5.9   | – 0.5 | 18                  |
| Photographic studios    | Services                  | 80.5         | 63| 15.9  | 4.9| 5.5   | – 0.6 | 26                  |
| Vocational schools     | Services                  | 78.5         | 52| 15.2  | 5.5| 5.5   | – 0.6 | 26                  |

### Annual rental revenue estimate

$1,826,000

### Current property uses

- Services
- Programming, data processing
- Offices and clinics of doctors of medicine
- Candy, nut, confectionery stores
- Engineering, architectural services
- Management, public relations services
- Finance
- Insurance agents, brokers, services
- Manufacturing
- Food preparations, kindred products

### Additional information on location

**Commercial potential**
- Visitation: 5.9
- Business: 7.6

Location with moderate accessibility to top centers, and average concentration of visitors and businesses. Visitation is above Business score, an opportunity to grow business diversity.

### Key definitions

1. **Location Liquidity Rate**: Number of Business Categories in the Best Use Basket as a % of total number of Business Categories. Higher rate offers better commercial flexibility.
2. **Best Use Basket (BUB)**: Composition of Best possible Uses represented by a list of Business Categories for the Selected Address.
3. **Best Use**: A Business Category that extracts the highest possible economic value of the property.
4. **Business Category (BC)**: Category of business defined under Standard Industrial Classification (SIC) 4-digit level.
5. **Match Rate**: Measure of how well a Business Category matches the Best Use Basket.
6. **Location Risk Score (LRS)**: Indicator of the Commercial Potential of the catchment area around the property.
7. **Delta**: Measure of commercial advantage or disadvantage of the Selected Address over Benchmark Addresses.
