Question 1 Match the term to the most correct definition: Property-specific characteristics of a property such a physical limitations, regulatory requirements, and environmental considerations that impact development: Market characteristics that impact development such as demographics, accessibility to the customer base, traffic generators, and competition: Choose] concurrency gap analysis out-parcels population census functional factors technical factors economic census per-capita demand sales per square foot floor area ratio A tool used by real estate professionals to identify potential development opportunities based on differences in the demand and supply of space: The primary source for demographic data: [Choose ] The primary source for expenditure data: [Choose] The primary demand for a good or service that is calculated using both expenditure and demographic data: [Choose The data available from sources such as ULi's Dollars & Cents that is necessary to convert demand in dollars to demand in square feet: [Choose] The ratio of building square footage to square footage of the site: [Choose] [Choose] A set of land use regulations that ensure that new development does not exceed local government's capacity for water, sewer, traffic, and other facilities: [Choose Excess land on the corners of a shopping center or large retail development that can be sold off at a much higher price due to the existence of the new development