AI License Plate Recognition (LPR) Garage Solver

Underwrite converting legacy gated parking structures to frictionless AI optical license plate recognition with automated mobile app autopay and enforcement cameras.

Parking Spaces & Monthly Rent

Total Parking Garage Spaces

Monthly Effective Parking Rate ($ / space / mo - e.g. $325)

Market Exit Cap Rate (% - e.g. 5.50%)

Annual Production & Commercial Valuation

Annual Gross LPR Ticketless Parking Billings

$1,365,000 / yr

Net Operating Income (NOI - 11% Opex)

+$1,214,850 / yr (89.0% Margin)

Stabilized Commercial Property Asset Valuation

$22,088,182 Asset Value (5.50% Cap)