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My instinct is that density is still the thing that matters most for profit, because density also means cheaper service coverage. After all, the more density the more people with green coverage from a single school/hospital/park/whatever (since green works by distance, not by people) and thus the best return on the upkeep.
Roads are (unrealistically) cheap in comparison to all the rest of the stuff.
This guide seems to be analysing for the best grid in terms of zoning density. Would you know of a guide (or be interested in adding to this one) to look for the best grid in terms of profit per square? Costs would be road upkeep, and revenue would be tax from residents. My theory is that adding the costs would then benefit larger grids, leading to an optimal size of 12.X unit grid, but then maybe round to 12.0 anyway.