There is are arcmap tools that can return a bounding box/rectangle/envelope etc for a given feature (e.g. set of points, line or polygon). I am trying to find a similar tool that will return the maximum rectangle that can be created that is *contained within* the features.
Here is a link to the Arcmap/Pro tool:
Here is a link to someone else's StackExchange question that explains fairly well with diagrams what I am trying to achieve:
Would be interested to know if anyone has already solved this using existing Arcmap tools without delving into complicated scripts...?