Sure, your development ideas appear to be solid, but are they truly feasible? A detailed feasibility study can actually provide the answers—identify potential problems, realistic cost projections, and market viability.
Flanagan Realty works closely with clients to assess the practicality of their development plan. We clearly identify all project variables, their potential impact, and the possible outcomes before considerable investments—both time and money—are invested.
Our project feasibility studies include the following:
- Site analysis (property location, surrounding land use, suitability for planned use, etc.)
- Market study (local demographics, sales/lease rates, unemployment rate, projected growth, major employers, population, property taxes, etc.)
- Sales and leasing analysis (average base sale price, lease rates, cap rates, resale housing market, new home sales, etc.)
- Investment analysis (absorption, financial analysis, discount rates, ROI, IRR, cost estimates, etc.)
Contact Flanagan Realty to learn more about our in depth feasibility studies.