As usual, the major number of objects (over 90%) is located in the vicinity of Saint-Petersburg and its suburbs: up to A-120 motorway, 25-30 km away from the Ring Road.
On Map 1 above one can see that 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. The largest number – some 100 industrial land plots – is located between the Eastern segment of the Ring Road, Yanino and Murmansk Highway.
2. Land plots distribution by size (area)
The total area of land plots considered makes 6094 ha.
Diagram 1 below illustrates the distribution of the offered industrial land plots by size.
Diagram 1
As you can see, land plots with the area under 5 ha constitute the majority of offers – 59%. Large land plots with the area over 10 ha make 24% of the total number of offers.
One could be interested in the relationship between the number of land plots in the group and the total area they occupy. This relationship is shown on Diagram 2 below.
Diagram 2
As you can see, land plots under 5 ha making the largest number of offers (59% of the total number) occupy the smallest area – only 488 ha (8% of the total area of all land plots). The biggest area of 4388 ha (72% 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.
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 6% of the total number of offers, whereas another 16% may also be considered ready-to-use (approvals and/or technical specifications have been obtained). And the majority (78%) of land plots is either poorly developed or simply virgin land.
Diagram 3
4. Distribution by price
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 2 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.
When making price profile of the market all prices were recalculated in US dollars at the exchange rate: RUR 32 for USD 1 (average exchange rate for the 3rd quarter of 2009).
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