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--SQUARE FOOTAGE & FAR CALCULATOR--
The InsideNoVACRE Conversion Kit includes three essential calculators for commercial real estate professionals. The Square Footage Calculator seamlessly converts between square feet and acres, simplifying land area assessments. Additionally, the FAR Calculator computes the Floor Area Ratio (FAR), a crucial metric for evaluating development potential and zoning compliance.
FAR (Floor Area Ratio):
FAR, or Floor Area Ratio, is a key measure used in urban planning and real estate to assess building density. It's calculated by dividing a building's total floor area by the area of the lot it's built on. For example, an FAR of 2 means the total floor area is twice the lot size.
- Helps ensure buildings conform to local regulations.
- Indicates how much can be built on a property and its development potential.
- Guides city growth and land use decisions.
- Affects property values based on development potential.