One can see that, unlike the land plots, the industrial asset complexes offered are distributed more or less evenly throughout Saint-Petersburg and Leningrad Region. We may only distinguish the area to the south from Obvodny Canal in Saint-Petersburg and Kolpino-Metallostroy zone, where many industrial enterprises of the city are actually located.
2. Land plots distribution by size (area)
The total area of land plots considered makes 6487 ha.
Diagram 1 below illustrates the distribution of the offered industrial land plots by size.
Diagram 1
As you can see, most offers (62%) are for land plots under 5 ha each.
The relationship between the number of land plots and the total area they occupy is shown on Diagram 2.
Diagram 2
As you can see, land plots under 5 ha making the largest number of offers (62% of the total number) occupy the smallest area – only 584 ha (9% of the total area of all land plots). The biggest area of 4736 ha (73% of the total area), are occupied by large land tracts over 25 ha in size, but the number of such land plots is relatively small – only 12% of the total number of offers.
It should be kept in mind that many large land plots in Leningrad Region with the area of 10 ha and over are the land plots of agricultural category, but are being marketed as land plots for industrial use, and are located within the newly developed industrial areas, or are already included into the existing industrial areas as per master plans of the municipal authorities of Leningrad Region.
As for the size of industrial asset complexes' land plots, the majority (64%) has the area under 2 ha, another 22% make the land plots of 2 to 5 ha, and only 2% of offers are over 10 ha.
3. Utility systems supply
When choosing an industrial land plot it is necessary to consider the availability of utility systems or the possibility to connect them. Our study showed that the share of land plots fully equipped with engineering communications is pretty small – only 4% of the total number of offers, whereas another 22% may also be considered ready-to-use (approvals and/or technical specifications have been obtained). And the majority (74%) of land plots is either poorly developed or simply virgin land.
Diagram 3
The situation with industrial asset complexes is radically different: 73% of objects are fully equipped with utility systems, and 14% have connection points and/or technical specifications for the connection have been obtained.
4. Distribution by price
Prices for industrial land plots and object are presented equally in rubles (46%) and US dollars (44%). Only 10% of offers are given in euro. When making price profile of the market all prices were recalculated in US dollars at the exchange rate: RUR 30 for USD 1 and EUR 0.70 for 1 USD (average exchange rate for the 4th quarter of 2009).
As one can see from Map 1 the land plots are grouped in several zones, each one characterized by relative price homogeneity, and are located along the main traffic routes and exits from Saint-Petersburg. On Map 3 such zones are highlighted with different colors, for each zone the number of offers, the total area occupied and average price for land plots within the zone are given.
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