Parking Ratios Eat Yield Before You Draw

one dial, whole building — OnlyPlans applet #9
Parking ratio (stalls / unit)
1.00
0.51.01.52.0
Units
Stalls
Parking SF
Unit SF
Annual NOI
Project value @ 5% cap
Building stack (300,000 SF buildable envelope)
grade
units
parking
Assumptions: 300,000 SF buildable envelope • 850 SF avg unit • 330 SF per structured stall (inc. aisles) • $1,200 NOI / unit / month • 5.0% cap rate • 30,000 SF per floor plate. Drag the ratio. Watch the building flip from housing to cars.