Market Delineation

Definition of "Market delineation"

Amanda  Houle real estate agent
Amanda Houle Mint Real Estate Group

Method pf determining the geographic extent of a market for a given commercial property. This will determine the suitability of locating a specific commercial property in a certain area. For example, a market delineation study determined that placing a retail department store will allow it to draw from a surrounding area with a range of up to 35 miles.

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