Which of the following factors are commonly evaluated when analyzing retail trade areas for commercial...

Retail trade area analysis evaluates customer demand and accessibility. Option B (market-related socioeconomic characteristics within a travel time) is commonly used, as it assesses customer demographics (e.g., income, age) within a realistic travel time, reflecting market potential. The APA’sAICP Certification Exam Content Outline(2022), under “Research and Assessment Methods,” states, “Retail trade area analysis typically evaluates socioeconomic characteristics of customers within a travel time specific to the retail type.” Option A (housing types) is less relevant to retail demand. Option C (racial/ethnic and income within a distance) is partial but ignores travel time, a key factor. Option D (concentric zones) is an outdated method (e.g., Reilly’s Law) not commonly used today. TheCPC Study Manual(2024) confirms, “Modernretail trade analysis focuses on socioeconomic characteristics within a travel time,” supporting option B.