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Table 12-5. Property value increases near BART stations (1997 dollars) Central business Land use type Distance from BART station (ft) district/Urban Suburban Single family Per Unit Per Unit 0-500 $48,960 $9,140 500-1,000 $14,400 $7,930 1,000-1,500 $8,640 $3,040 2,000-2,500 $5,760 $5,500 Multifamily Per unit/month Per unit/month 0-1,300 $50,00 $42.30 1,300-2,500 $0.00 $0.00 Offices Per sq ft/month Per sq ft/month 0-1,300 $0.13 $0.00 1,300-2,000 $0.07 $0.28 2,000-2,500 $0.00 $0.00 Retail Per sq ft/month Per sq ft/month 0-500 $0.07 $0.24 500-1,000 $0.00 $0.24 1,000-2,500 $0.00 $0.00 Note: This table summarizes how property values change with proximity to Bay Area Rapid Transit (BART) stations. Source: Cambridge Systematics 1998. RESOURCES 1) Cambridge Systematics, Inc. 1998. Economic Impact Analysis of Transit Investments: Guidebook for Practitioners. Transit Cooperative Research Program Report 35, Transportation Research Board, National Research Council. Available at This comprehensive guidebook describes various technical methods for measuring the economic impacts of transit investments, including changes in adjacent property values. It also includes a summary of research on the increases in property values found near BART stations in the San Francisco Bay Area. 2) Sources of property value information: DataQuick, Inc. is a provider of real estate and land data. The Web site is Domain is a look-up Web site that provides sales information by location. Available at 289