Real Estate Feasibility Studies
Our seasoned team, can create your feasibility study in a timely and cost effective manner, no matter the type of real estate development you are proposing to undertake. If you are seeking to work with a team that takes an active interest in your real estate project, need top market and industry data while saving your company needed resources and time, we can assist. We offer a suite of services that are specific tailored to your real estate development in Washington.
Here are some of the services we provide.
Site Analysis and Land Survey
In order to determine if the property you are wanting to develop is suitable for your business, we will conduct a land survey and site analysis to determine some the following features:
Accessibility – how accessible is the location of the project for patrons or buyers
Zoning – can the land be zoned for your project’s needs are there exceptions that your able to claim
Traffic and Transportation – is there adequate roads, what is the traffic conditions and parking options.
Demographics – what is the median income of the area, labor force
Economic Impact – what, if any, will your project contribute to the general economy of the area
Supply and Demand – is there a demand for your services or is there an over supply?
Tax Implication – what are the tax implications.
Once this feasibility information is gathered and analyzed, we can determine if the proposed location for development is suitable. If the property and area do not look promising, we can then look elsewhere for a parcel of land that will meet the needs of development and the business plan.
Real Estate Feasibility Approaches
Since our firm has conducted feasibility studies for all types of real estate projects, from commercial buildings to residential houses and condos, as well as our networking with scores of construction companies, land developers and lenders, our insight into the feasibility study is objective. We can create precision financials based on facts on the ground. Here is a synopsis of more of our feasibility analysis services. We are built out of experience as an Appraiser, Contractor and Investor. The zoning, value, budget is our bread and butter to all projects and once we hit a wall we immediately notify the client.
Residential Services
We conduct research and writing of feasibility studies for the overall residential market in Washington. This includes such analyses as single-family homes, apartments, condominiums, and townhouses. In addition to the most common types of developments, we also prepare such reports for university and college housing, assisting living, for seniors and others in need. Our feasibility taps into structural engineers, contractors, builders, lawyers and city planners. Further, a residential development also requires relationships with banks and lenders, such as mortgage companies, construction and development companies, and sometimes non-profit organization that work in the real estate space. Here is an abbreviated list of our residential real estate services:
Single-Family Homes
Condos
Apartments
Townhouses
Developments
Senior and Assisted Living/ Residential Living/ Child Care Homes
Multi-family, Student Housing
Mixed-Use Development
And More
Commercial Real Estate Services
Our services range from the more ‘simple’ steps of the development of creating the feasibility study, and the writing of a private placement memorandum (offering memorandum) to raise capital for the real estate project. Our services as it directly relates to commercial real estate feasibility studies includes assisting with general construction and development of buildings, office parks, hospitality such as a hotel or a resort or even a casino, restaurants, retail centers such as shopping malls, and more. A feasibility study is certainly mandated for such large projects as the analysis itself can save needed time and capital, long-term, and will allow the principals to determine if they should even move forward with a multi-million-dollar project.
Features of a commercial real estate feasibility study would incorporate such information as the landscape of the overall project, other properties in the area, comps, rent prices, leasing information, vacancy rates, demographics of the target market, population surveys, and more. Here is an abbreviated list of our real estate commercial real estate services:
Retail Space
Office Buildings and Parks
Industrial Projects, Refineries
Hospitality, Hotels, Resorts, Casinos
Redevelopment
Mixed Use Development
And More
Real Estate Consulting Services
We can assist with virtually any real estate feasibility study analysis or just assist with a general real estate project.
In addition to the commercial and residential services noted above, we also assist with general real estate consulting. Each aspect of the feasibility study – and there are many – can be broken into separate studies and sections, and act as a standalone guide for that particular need. Whether you require an entire feasibility study or just a portion, or need help with just one aspect, we can help. Here is an abbreviated list of our real estate consulting services.
Assistance with Development Location and Project Site Decision
Market Analysis of the Project’s Location
Competitive Analysis of Existing or Similar Developments
Site and Location Analysis
Neighborhood Survey, Traffic, Demographics, Income, etc.
Surveys of the Land
Project Concept Development
Residential Appraising
Representation on Transactions
Future Branding
Marketing Strategies Development
Reach Out to Us
There is not an aspect of the real estate market that we have not been involved with. This translates into time and money saved. If you are considering a real estate development in Washington and need a feasibility study to this end, whether for residential or commercial real estate, or you just need one aspect of the analysis to be undertaken, feel free to contact us.
