diff --git a/upath/core.py b/upath/core.py
index e697f1a..4b41eda 100644
--- a/upath/core.py
+++ b/upath/core.py
@@ -92,6 +92,8 @@ class UPath(PathlibPathShim, Path):
     _protocol_dispatch: bool | None = None
     _flavour = FSSpecFlavour()
 
+    # === upath.UPath constructor =====================================
+
     def __new__(
         cls, *args, protocol: str | None = None, **storage_options: Any
     ) -> UPath:
@@ -113,14 +115,16 @@ def __new__(
             )
             protocol = storage_options.pop("scheme")
 
-        # determine which UPath subclass to dispatch to
+        # determine the protocol
         pth_protocol = get_upath_protocol(
             part0, protocol=protocol, storage_options=storage_options
         )
-        upath_cls = get_upath_class(protocol=pth_protocol)
-        if upath_cls is None:
-            raise ValueError(f"Unsupported filesystem: {pth_protocol!r}")
-        if cls._protocol_dispatch is not None and not cls._protocol_dispatch:
+        # determine which UPath subclass to dispatch to
+        if cls._protocol_dispatch or cls._protocol_dispatch is None:
+            upath_cls = get_upath_class(protocol=pth_protocol)
+            if upath_cls is None:
+                raise ValueError(f"Unsupported filesystem: {pth_protocol!r}")
+        else:
             # user subclasses can request to disable protocol dispatch
             # by setting MyUPathSubclass._protocol_dispatch to `False`.
             # This will effectively ignore the registered UPath
@@ -194,11 +198,9 @@ def __init__(
             if isinstance(args0, UPath):
                 self._storage_options = {**args0.storage_options, **storage_options}
             else:
-                fs_cls: type[AbstractFileSystem] = get_filesystem_class(
-                    protocol or self._protocol
+                self._storage_options = type(self)._parse_storage_options(
+                    str(args0), protocol, storage_options
                 )
-                pth_storage_options = fs_cls._get_kwargs_from_urls(str(args0))
-                self._storage_options = {**pth_storage_options, **storage_options}
         else:
             self._storage_options = storage_options.copy()
 
@@ -226,7 +228,31 @@ def __init__(
             return
         super().__init__(*args)
 
-    # === upath.UPath only ============================================
+    # === upath.UPath PUBLIC ADDITIONAL API ===========================
+
+    @property
+    def protocol(self) -> str:
+        return self._protocol
+
+    @property
+    def storage_options(self) -> Mapping[str, Any]:
+        return MappingProxyType(self._storage_options)
+
+    @property
+    def fs(self) -> AbstractFileSystem:
+        try:
+            return self._fs_cached
+        except AttributeError:
+            fs = self._fs_cached = self._fs_factory(
+                str(self), self.protocol, self.storage_options
+            )
+            return fs
+
+    @property
+    def path(self) -> str:
+        return super().__str__()
+
+    # === upath.UPath CUSTOMIZABLE API ================================
 
     @classmethod
     def _transform_init_args(
@@ -238,13 +264,26 @@ def _transform_init_args(
         """allow customization of init args in subclasses"""
         return args, protocol, storage_options
 
-    @property
-    def protocol(self) -> str:
-        return self._protocol
+    @classmethod
+    def _parse_storage_options(
+        cls, urlpath: str, protocol: str, storage_options: Mapping[str, Any]
+    ) -> dict[str, Any]:
+        """Parse storage_options from the urlpath"""
+        fs_cls: type[AbstractFileSystem] = get_filesystem_class(protocol)
+        pth_storage_options = fs_cls._get_kwargs_from_urls(urlpath)
+        return {**pth_storage_options, **storage_options}
 
-    @property
-    def storage_options(self) -> Mapping[str, Any]:
-        return MappingProxyType(self._storage_options)
+    @classmethod
+    def _fs_factory(
+        cls, urlpath: str, protocol: str, storage_options: Mapping[str, Any]
+    ) -> AbstractFileSystem:
+        """Instantiate the filesystem_spec filesystem class"""
+        fs_cls = get_filesystem_class(protocol)
+        so_dct = fs_cls._get_kwargs_from_urls(urlpath)
+        so_dct.update(storage_options)
+        return fs_cls(**storage_options)
+
+    # === upath.UPath COMPATIBILITY API ===============================
 
     def __init_subclass__(cls, **kwargs):
         """provide a clean migration path for custom user subclasses"""
@@ -300,31 +339,17 @@ def _fs_factory(
                 inst = cls_._default_accessor(url, **storage_options)
                 return inst._fs
 
-            cls._fs_factory = classmethod(_fs_factory)
-
-    @classmethod
-    def _fs_factory(
-        cls, urlpath: str, protocol: str, storage_options: Mapping[str, Any]
-    ) -> AbstractFileSystem:
-        """Instantiate the filesystem_spec filesystem class"""
-        fs_cls = get_filesystem_class(protocol)
-        so_dct = fs_cls._get_kwargs_from_urls(urlpath)
-        so_dct.update(storage_options)
-        return fs_cls(**storage_options)
-
-    @property
-    def fs(self) -> AbstractFileSystem:
-        try:
-            return self._fs_cached
-        except AttributeError:
-            fs = self._fs_cached = self._fs_factory(
-                str(self), self.protocol, self.storage_options
-            )
-            return fs
+            def _parse_storage_options(
+                cls_, urlpath: str, protocol: str, storage_options: Mapping[str, Any]
+            ) -> dict[str, Any]:
+                url = urlsplit(urlpath)
+                if protocol:
+                    url = url._replace(scheme=protocol)
+                inst = cls_._default_accessor(url, **storage_options)
+                return inst._fs.storage_options
 
-    @property
-    def path(self) -> str:
-        return super().__str__()
+            cls._fs_factory = classmethod(_fs_factory)
+            cls._parse_storage_options = classmethod(_parse_storage_options)
 
     @property
     def _path(self):
@@ -442,14 +467,6 @@ def _drv(self):
     def _drv(self, value):
         self.__drv = value
 
-    @property
-    def drive(self):
-        try:
-            return self.__drv
-        except AttributeError:
-            self._load_parts()
-            return self.__drv
-
     @property
     def _root(self):
         # direct access to ._root should emit a warning,
@@ -464,14 +481,6 @@ def _root(self):
     def _root(self, value):
         self.__root = value
 
-    @property
-    def root(self):
-        try:
-            return self.__root
-        except AttributeError:
-            self._load_parts()
-            return self.__root
-
     @property
     def _parts(self):
         # UPath._parts is not used anymore, and not available
@@ -489,15 +498,6 @@ def _parts(self):
     def _parts(self, value):
         self.__parts = value
 
-    @property
-    def parts(self):
-        try:
-            return self.__parts
-        except AttributeError:
-            self._load_parts()
-            self.__parts = super().parts
-            return self.__parts
-
     # === pathlib.PurePath ============================================
 
     def __reduce__(self):