Core Insights - The auction of a commercial land parcel in Ningbo's Yinxian District saw a high premium of 37.17%, with the final price reaching 81.1828 million yuan, indicating strong investor interest in quality commercial properties in Ningbo [1][5]. Land Parcel Information - The land parcel, known as JD05-06-01a, is located in the Baihe Street area of Yinxian District, with a total area of 6,461 square meters (approximately 9.691 acres) [3][5]. - The land is designated for retail, dining, lodging, and business finance purposes, with a floor area ratio of 1.5<R≤2.0, allowing for a buildable area of approximately 13,000 square meters [5]. Development Requirements - The winning bidder must retain ownership of the entire property during the contract period and cannot transfer it, with specific conditions for any hotel development [6]. - The development must comply with local planning conditions, including the construction of public facilities that must be handed over to the government upon completion [6]. Location Advantages - The land benefits from a well-established road network and proximity to the Baihe Old Town, enhancing its location appeal [7]. - Nearby amenities include commercial complexes, educational institutions, and residential areas, which are expected to drive consumer traffic and support the commercial viability of the site [9].