Whitepapers
The following Whitepapers are available in PDF format.  Please e-mail reb@cstorevalue.com.
Identification of Potential Severance Damages in Retail Gasoline Properties	Synopsis: This paper substantiates the increased vulnerability that convenience retail properties have to access degradation and the need for higher damage awards in eminent domain takings.  Not all access resolutions are "reasonable" or "convenient and adequate" as many courts have concluded.  This is the first paper of its kind that substantiates and documents the increased accessibility required by convenience retail properties, such as gas stations, convenience stores, car washes, and fast food restaurants.  These types of properties are entitled to greater compensation for damages when access or visibility is impaired through an eminent domain action. Please Click Here to Download Whitepaper No. 1
A Statistical Study of Traffic Capture Rates for Petroleum Marketing Properties	Synopsis: Proprietary computer models claim to predict traffic capture rates and fuel gallonage at convenience stores and gas stations. This paper demonstrates statistical modeling with a number of objective predictive variables and found a coefficient of determination no higher than 65%. Please Click Here to Download Whitepaper No. 2
Intangible Asset Value in Special-Built Business Enterprises	Synopsis: This paper outlines a practical and useful methodology for separating intangible asset value from tangible asset value for special-built properties, such as convenience stores and gas stations. Please Click Here to Download Whitepaper No. 3

Toward a Better Understanding of Reilly’s Law and the Trade Area of Convenience Stores Identification of Potential Severance Damages in Retail Gasoline Properties	Synopsis: Reilly’s Law has been extensively used to estimate trade area boundaries and over the years has been empirically demonstrated to be reasonably accurate. This paper shows that in adapting the Inverse Square Law in estimating the breakpoints of trade areas, Reilly should not have squared the denominator. Without squaring the denominator, trade areas are actually geographically larger than what Reilly’s Law implies. Please Click Here to Download Whitepaper No. 4
Ring Studies and Drive-Time Studies for Retail Trade Areas:  Does it Make a Difference?	Synopsis: Ring Studies and Drive -Time Studies are often used in analyzing retail trade areas.  However, they delineate different geographic areas.  Are the measurements of resident population, income levels and other demographic markers substantially different?  This study uses an ANOVA analysis to answer the question. Please Click Here to Download Whitepaper No. 5