I have two shapes files. One contains a bunch of points while the other contains a bunch of polygons. In some cases, but not all, the points are located within/on a polygon. I would like to extract the values of the area for the polygons to the points that can be found within/on it and that will just provide either <null> or 0 when there is no polygon located at the same position as a point.
I'm looking for a tool that works just like "Extract Values to Points" under Spatial Analyst Tools > Extraction but will use polygons rather than raster.