Split - Competitive area of two Separate Circles (PMA)

[rhouskeeper]

I am looking to create a formula for a real estate market study template to determine the amount of competitive area two competing Primary Market Areas (circles) share.

Assumptions: Each PMA (circle) is the same size

Example: The PMA is 5 miles the competitive facility is 4 miles from the subject. What percentage of the competing facilities PMA overlaps with the subjects PMA. How can this be reflected as a formula, in order to calculate the competitive market area percentage for competing facilities at varying distances from the subject property?

 

[Deleted member 4993]

Re: Competitive area of two Separate Circles (PMA)

I am looking to create a formula for a real estate market study template to determine the amount of competitive area two competing Primary Market Areas (circles) share.

Assumptions: Each PMA (circle) is the same size

Example: The PMA is 5 miles the competitive facility is 4 miles from the subject. What percentage of the competing facilities PMA overlaps with the subjects PMA. How can this be reflected as a formula, in order to calculate the competitive market area percentage for competing facilities at varying distances from the subject property?

What type of course-work require this home work?

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