IP Library Granted Patent US 11,120,516
Granted Patent B2
US 11,120,516 · App. 15/907,769 · Granted Sep 14, 2021

System and method for real estate spatial data analysis

Inventors: Moye Lynwood Bishop, III (Albany, GA); Glenn Arthur Kirbo, Jr. (Albany, GA)
Assignee: MAP IP ONE, LLC
G06Q50/165G06Q10/063G06Q50/16G06Q90/20
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 11,120,516
App. No.
15/907,769
Granted
Sep 14, 2021
Kind
B2
Abstract

A system and method for providing real estate spatial analysis through a user interface which allows the user to visualize the analysis through maps. A region is determined that includes multiple retail locations. Retail location data values are determined using a distance from respective ones of the retail locations. An average data value is calculated. A map of the geographic region is generated including a trade area for respective ones of the retail location.

Claims (40)

1. A system, comprising:

at least one computer system;

an application executable by the at least one computer system, wherein when executed the application causes the at least one computer system to at least:

identify, through a user interface, a user-selection of a potential site location and a plurality of retailers;

identify a plurality of retail locations associated with a respective retailer of the plurality of retailers;

determine, for the respective retailer, a plurality of retail location demographic values, wherein a respective retail location demographic value of the plurality of retail location demographic values is calculated to be within a predetermined distance from a respective one of the plurality of retail locations;

define a plurality of trade areas for the plurality of retail locations, wherein a trade area diameter around a respective trade area is selected to envelop a demographic value that matches an average demographic value for the plurality of retail locations that is calculated as an average of the plurality of retail location demographic values; and

render, on a display of a client device, the user interface comprising a tabbed user interface that shows a plurality of map tabs corresponding to a plurality of maps for the plurality of retailers, a respective map showing a plurality of retail location radii representing the plurality of trade areas around the plurality of retail locations associated with the respective retailer corresponding to a selected tab, wherein all of the plurality of maps for all of the plurality of retailers are represented at a same map height and all of the plurality of maps are centered on the potential site location; and

update the user interface to include a listing of: the average demographic value, and a site demographic value within the predetermined distance of the potential site location, wherein the site demographic value is shown as a particular color according to a standard deviation grouping identified for the site demographic value in view of the average demographic value and the plurality of retail location demographic values.

2. The system of claim 1 , wherein the trade area diameter is increased until the demographic value meets or exceeds the average demographic value.

3. The system of claim 1 , wherein the respective map comprises a potential trade area of the user-selected potential site location.

4. The system of claim 3 , wherein a potential trade area diameter of the potential trade area is increased until a demographic value within the potential trade area diameter meets or exceeds the average demographic value for the plurality of retail locations.

5. The system of claim 4 , wherein the retail location radii are color-coded based at least in part on a relationship to a predetermined value.

6. The system of claim 1 , wherein a geographic region is expanded from the potential site location until the geographic region includes a predetermined number of retail locations to identify the plurality of retail locations.

7. The system of claim 1 , wherein the respective retail location demographic value is a population within the predetermined distance from the respective one of the plurality of retail locations.

8. The system of claim 1 , wherein the respective retail location demographic value is an average household income within the predetermined distance from the respective one of the plurality of retail locations.

9. A method implemented by instructions executed by a computing device, the method comprising:

identifying, through a user interface, a user-selection of a potential site location and a plurality of retailers;

identifying a plurality of retail locations associated with a respective retailer of the plurality of retailers;

determining, for the respective retailer, a plurality of retail location demographic values, wherein a respective retail location demographic value of the plurality of retail location demographic values is calculated to be within a predetermined distance from a respective one of the plurality of retail locations;

defining a plurality of trade areas for the plurality of retail locations, wherein a diameter of the trade area around a respective trade area is selected to envelop a demographic value that matches an average demographic value that is calculated as an average of the plurality of retail location demographic values;

rendering, on a display of a client device, the user interface comprising a tabbed user interface that shows a plurality of map tabs corresponding to a plurality of maps for the plurality of retailers, a respective map showing a plurality of retail location radii representing the plurality of trade areas around the plurality of retail locations associated with the respective retailer corresponding to a selected tab, wherein all of the plurality of maps for all of the plurality of retailers are represented at a same map height and all of the plurality of maps are centered on the potential site location; and

updating the user interface to include a listing of: the average demographic value, and a site demographic value within the predetermined distance of the potential site location, wherein the site demographic value is shown as a particular color according to a standard deviation grouping identified for the site demographic value in view of the average demographic value and the plurality of retail location demographic values.

10. The method of claim 9 , wherein the diameter of the trade area is increased until the demographic value meets or exceeds the average demographic value.

11. The method of claim 9 , wherein the respective map comprises a potential trade area of the user-selected potential site location.

12. The method of claim 11 , wherein a potential trade area diameter of the potential trade area is increased until a demographic value within the potential trade area diameter meets or exceeds the average demographic value for the plurality of retail locations.

13. The method of claim 11 , wherein the retail location radii are color-coded based at least in part on a relationship to a predetermined value.

14. The method of claim 9 , wherein a geographic region is expanded from the potential site location until the geographic region includes a predetermined number of retail locations to identify the plurality of retail locations.

15. The method of claim 9 , wherein the respective retail location demographic value is a population within the predetermined distance from the respective one of the plurality of retail locations.

16. The method of claim 9 , wherein the respective retail location demographic value is an average household income within the predetermined distance from the respective one of the plurality of retail locations.

17. A non-transitory computer-readable medium embodying a program executable in at least one computing device that, when executed, causes the at least one computing device to:

identify, through a user interface, a user-selection of a potential site location and a plurality of retailers;

identify a plurality of retail locations associated with a respective retailer of the plurality of retailers;

determine, for the respective retailer, a plurality of retail location demographic values, wherein a respective retail location demographic value of the plurality of retail location demographic values is calculated to be within a predetermined distance from a respective one of the plurality of retail locations;

define a plurality of trade areas for the plurality of retail locations, wherein a trade area diameter around a respective trade area is selected to envelop a demographic value that matches an average demographic value for the plurality of retail locations that is calculated as an average of the plurality of retail location demographic values;

render, on a display of a client device, the user interface comprising a tabbed user interface that shows a plurality of map tabs corresponding to a plurality of maps for the plurality of retailers, a respective map showing a plurality of retail location radii representing the plurality of trade areas around the plurality of retail locations associated with the respective retailer corresponding to a selected tab, wherein all of the plurality of maps for all of the plurality of retailers are represented at a same map height and all of the plurality of maps are centered on the potential site location; and

update the user interface to include a listing of: the average demographic value, and a site demographic value within the predetermined distance of the potential site location, wherein the site demographic value is shown as a particular color according to a standard deviation grouping identified for the site demographic value in view of the average demographic value and the plurality of retail location demographic values.

18. The non-transitory computer-readable medium of claim 17 , wherein the trade area diameter is increased until the demographic value meets or exceeds the average demographic value.

19. The non-transitory computer-readable medium of claim 17 , wherein the predetermined distance is a user-selected radius.

20. The non-transitory computer-readable medium of claim 17 , wherein the respective map comprises a potential trade area of the user-selected potential site location.

Assignments (2)
SECURITY INTEREST Recorded Sep 29, 2025
From: MAP IP ONE, LLC
To: CRESCENT COVE OPPORTUNITY LENDING, LLC
Reel/Frame 072412/0050 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 29, 2021
From: BISHOP III, MOYE LYNWOOD; KIRBO, GLENN ARTHUR, JR
To: MAP IP ONE, LLC
Reel/Frame 056697/0498 →
Continuity (3)
Continuation 14211661 · Mar 14, 2014
Continuation 11825184 · Jul 5, 2007
Related Publication 20180189906A1 · Jul 5, 2018