Commercial property values on rail trails/bike paths
Does anyone have experience with property (specifically retail) located on or nearby rail trails/biking/walking paths? How did the addition of a trail impact the property value, rent, leasing, etc.? There is a lot of info on the residential impact, but not much that I can find on commercial.
[{"id": "gmqg2l7", "text": "Look into the Katy Trail in Dallas. The trail brought a tremendous amount of retail/restaurant development to the nearby Dallas area.", "replies": [], "depth": 1}, {"id": "gmqi2qm", "text": "Check out the ATL beltline. Obviously a very large city/project, but definitely a successful one that allowed for cool commercial and residential development.", "replies": [], "depth": 1}]