Property Ownership Land Use ControlsGeneralHARD
A business owner found a location to open a donut shop. The space allowed for drive- through business and was located on a highway just north of town leading to a large employment city. What economic concept was the owner using to locate the donut shop?
Correct Answer
C) Situs
Commercial space selection involves analyzing traffic patterns, zoning, and permitted uses.
Answer Options
A
IndestructibilityB
ImmobilityC
SitusD
UniquenessAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
property-valuation-methodscommercial-real-estate-location-analysis
Key Terms:
situseconomic characteristics of landsite selectionlocation valuecommercial real estate
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