Fax: 858-259-4910 Miami, FL 9155 S. Dadeland Boulevard Suite 1208 Miami, FL 33156 Phone: 305-670-0001 Fax: 305-670-2276 Naples, FL 2770 Horseshoe Drive S Suite 3 Naples, FL 34104 Phone: 239-643-6888 LAND BANK FEASIBILITY STUDY i TABLE OF CONTENTS . Knowing to avoid these will put you a step ahead! [This report] was undertaken to explore the process of resolving some of the difficulties often encountered in real estate development. _~A*TcY c&OZuE2!# b.p]+>QPkW]2u\kb w <5 4{$~da a&i"Y@34& 8{ +. By understanding any issues you may have with financing upfront, it gives you a chance to address them head-on. @Xe}?G!e:sCf][3Xh3u) Q_ulE;R .=~,M 6@@@@c$OaJ?YW/m0(7"}Dg\ih ;xzs"CYwZ FVxC;EpU6$PlS!rJby,#-oJ ^SZTx(_!>)>KIP[mfj.6t j5|Lt Fill out theContactform, or get in touch: Prospectus.com LLC is a consulting firm | Global Reach. 0000030928 00000 n Feasibility Study for Vacant Land Avoid surprises and discover disqualifying problems before you design your commercial project. If you have the vision for a large-scale project, a land feasibility study is critical. We can create precision financials based on facts on the ground. Your feasibility study may highlight a number of constraints youll face. Various Types of Feasibility Study Reports. 5 0 obj endstream Get Directions , VENICE OFFICE 0000027843 00000 n <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream 0000026506 00000 n Here is an abbreviated list of our real estate consulting services. of Realtors Version (Vacant Land), Northeast Florida Assoc. 0000006003 00000 n Fax: 813-251-1662 Content and information on this site is subject to change without prior notice. My concerned is the ? It identifies all the valuable reasons to undertake the project, and also acknowledges why the project may not be advisable. Residential Custom Builders Wetland Identification / Delineation This article is based on our own research and experience and we do our best to keep it accurate and up-to-date, but it may contain errors. For the past ten years, our preliminary cost estimates have been accurate to within 5% of what your final project costs will be. Anything that can be achieved by a simple formula should be. After your approval of the preliminary design, we will develop a preliminary budget estimate. While this is a general outline, you can apply these specifically to your real estate development project for the best effect. 4 0 obj All rights reserved. 0000310451 00000 n endobj Prospectus.com Global Reach. In summary, buyers should obtain the title commitment and survey within the Feasibility Study Period. 0000018143 00000 n Notify me of follow-up comments by email. From Business: Williams Company founded in Orlando, Fla. in 1920, is a general contractor and construction Manager of commercial construction averaging more than $125 million. endobj x}0_e affect Buyer's intended use of the Property will not be grounds for canceling this Contract if the Feasibility Study Period has expired or if Buyer has checked choice (c)(2) below. 0000053464 00000 n 3700 South Tamiami Trail, Suite 200 8433 Enterprise Circle, Suite 100 0000038913 00000 n For most projects, the feasibility study can be completed in just 4-8 weeks and costs a small fraction of what you would pay an architect for a biddable set of plans. endobj Get in touch. 2301 Silver Star Rd. endstream x}0_e 3700 South Tamiami Trail, Suite 200, Sarasota, FL 34239 P (941) 954-9991 F (941) 954-9992, 247 Tamiami Trail South, Suite 201, Venice, FL 34285 P (941) 955-9991 F (941) 484-9992, 8130 Main Street, Suite 206, Lakewood Ranch, FL 34202 P (941) 907-9022 F (941) 907-9024, Berlin Patten Ebling, PLLC is one of Southwest Florida's few law firms concentrating on legal, settlement and litigation services specifically focused on real estate and land development. 0000011930 00000 n Our team at Prospectus.com has worldwide experience in writing feasibility studies. 0000056575 00000 n 7031 Koll Center Pkwy, Pleasanton, CA 94566 How an Environmental Assessment of the Land Can Help As the owner of a piece of land, you become legally responsible for cleaning up any contamination found there, whether it was discovered by you or perhaps later, during a buyer's environmental assessment if and when you try to sell. Making tenant improvements? She used to help New Yorkers find affordable housing, now she helps people find affordable land around the US. This study takes into account a variety of factors, including: Economic Technical Demographic Legal Competition Organizational Capacity Bechtol Engineering & Testing, Inc. Deland, FL Service Company* $1 - 4.9 Mil 1989 10-49. 0000030136 00000 n This includes such analyses as single-family homes, apartments, condominiums, and town houses. When you take the time to concept test in advance, you save yourself a lot of time, money, and effort. 0000011740 00000 n I own 3.13 acres in Montgomery Co Md. x+TTPpuVpb # As a note, you can also check for some of these items, such as liens, by ordering a property report from DataTree. Not focusing on the things you can control: The study should only highlight what youre able to change and the obstacles youre able to navigate. With our vast network of professionals, we put our resources to work for you through an expeditious and accountable process. What if there is a recorded 20 public utility easement running across the property not leaving the buyer with enough space to build his mansion? If youre having the study done by an external consultant, you may include this in your initial round of questions to them. 0000023383 00000 n SARASOTA OFFICE document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2022 McCree General Contractors & Architects. Sage is located off Bayshore Road in North Fort Myers, Florida right in the heart of Southwest Florida. Rainier Consulting Services is a one stop shop for single family residency feasibility, site planning and permit coordination. If you have the vision for a large-scale project, a land feasibility study is critical. This estimate typically incudes the costs for building construction, suggested contingency, design and engineering fees, and project permit/ impact fees. x3T0 B]C adjU Internal project constraints: Technical, physical, budget, resource, etc. 0000039642 00000 n 0000052142 00000 n Project Location: HUDSON, FL 34667. Restrictions and limitations 0000050177 00000 n No matter what, though, intelligence on property or properties is vital, especially with the way the real-estate market is nowadays. Generally speaking, title insurance provides three somewhat distinct, yet significant coverages: Fatal title defects that could cause one to lose their property altogether, such as fraud, forgeries, inheritance issues, or execution/signing issues; Defects that could require the expenditure of significant amounts of money to cure, Question:Can the Buyer object to an encroachment shown in Sellers prior survey, or does the Buyer need to obtain a new survey? <>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 22/Filter/FlateDecode>>stream VAC-13 Rev 2/20 2020 Florida Realtors Vacant Land Contract 1 1. 0000033018 00000 n When you develop a property, the risks are great, the project is complicated, and the schedule is volatile. law firm, accountant etc. Maybe youre advising someone who is counting on you to wisely invest her or his money in a solid investment. . 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. Complete the engineering final plans and specifications 8. When you need take-it-to-the-bank numbers that take into account nearly every facet involved in putting your project together, then youre ready for a feasibility study. 33544. 0000017640 00000 n -Ecological Assessment We at LandFAX are able to carry out land-feasibility studies via computer and the Internet. Feasibility studies for real estate Many developments are planned prior to being purchased. 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 universe is unique. Southwest Floridas Full-service Real Estate Firm, Asset Acquisition & Disposition Brokerage & Asset Leasing. <>>>/XObject<>>>/Type/XObject/Subtype/Form/BBox[0 0 578 250]/Matrix[1 0 0 1 0 0]/FormType 1>>stream 0000007585 00000 n Florida is a "Buyer Beware" state. 0000044268 00000 n endstream The schedule estimates how much time the project will take to complete. You should send a request to the prospective consultants youre considering. Orlando, FL 32804. Adding an extension to your office or warehouse? The study will tell you if your proposed project is financially and physically possible. 7 0 obj You will also want to study the local market to determine your potential sales revenue. 0000012131 00000 n What are your thoughts? 0000024607 00000 n 0000055459 00000 n Remodeling your existing space? endstream We do not sell or solicit securities of any type. Feasibility studies not only uncover potential problems and determine if a project is worth undertaking at all, but they also help to deconstruct complex tasks in order to execute them in a more manageable way. Avoid surprises and discover disqualifying problems before you design your commercial project. Bald Eagle Management Plans 0000036577 00000 n <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream Feasibility is contingent upon all approvals, permits, and licenses having been obtained. This part of the feasibility study is useful because it serves as an independent project assessment and enhances your projects credibility. (c) Inspections: (check (1) or (2) below) (1) Feasibility Study: Buyer will, at Buyer's expense and within _____ days from Effective Date ("Feasibility Study 0000050690 00000 n The property has already been tested for a well (sand mound) and water table and passed both. <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream <>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 22/Filter/FlateDecode>>stream 0000046013 00000 n It may be construction costs, rental rates, or cost of capital. . endstream 0000013035 00000 n x]_+^gu=xw+&{{]AEET %^ N$"$n y.KPV@.0V> ?# x: fsB%*;R\Q^r_uX)R]YJXA 0000320392 00000 n 0000032849 00000 n Will you be able to keep the project adequately staffed throughout its entire lifespan? <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream Having said this, I would recommend speaking with a real estate attorney to see if they can help you negotiate down the timeframe in the purchase and sale agreement. 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