Exploring Commercial Real Estate from a New Perspective: Blue Raster Partners with AerialSphere
The Blue Raster CRE dashboard leverages open source data, 3D scenes, and Oriented Imagery.
Selecting the right location for a commercial real estate project can be daunting, given the numerous factors that need to be taken into consideration. Often, this is done utilizing an overhead view of properties. Use of Oriented Imagery from AerialSphere and the Oriented Imagery widget now available from Esri affords the opportunity to explore properties in an immersive 3D environment.
In this Commercial Real Estate application, Blue Raster:
- Utilized Open Street Map data from Esri Living Atlas
- Configured multiple filters based on commercial real estate needs – submarket, available square footage, parking cost, and year built
- Built Dashboard and 3D Scene elements to dynamically reflect filters applied
- Integrated Oriented Imagery from AerialSphere to show a perspective aerial view and generate dynamic viewsheds to illustrate what is visible in the image
- Calculated travel time analysis polygons for multiple modes of transportation (both walking and driving)
Blue Raster configured an ArcGIS Experience Builder application to aid in the exploration of relevant commercial real estate data in a 3D scene. Utilizing this application, real estate investors can hone in on the properties that meet their needs with specific parameters, and easily traverse the map to further explore the properties.
The integration of 360 degree aerial imagery from AerialSphere provides a more immersive experience, and allows the user the ability to pan, zoom in, zoom out, and explore viewsheds from a given vantage point. This can make all the difference in understanding the suitability of a site. Not only that, but different aspects can be captured from the imagery for use in marketing materials that would not be available from conventional photography.
While this solution was originally developed to aid in the exploration of commercial real estate properties, this technology can be implemented for a number of other circumstances, such as economic development, utility inspection and management, and emergency response.
AerialSphere performed a comprehensive imagery capture of the United States in 2020, flying over the 70 largest MSAs. Since then they have grown their database to over 100,000 images and 75 MSAs available on their coverage map ranging from the years 2019-2023. To learn more about their unique offering, check out their marketplace listing here.
