Whether you are buying a site, deciding what to do with one you own, or working out whether a project still pencils, these are the analyses that answer the question.
Size, shape, topography, access, soils, utilities and any environmental constraints on the parcel. A site can be perfectly zoned for something it cannot physically accommodate.
Zoning, general plan designation, overlays, specific plans, easements, deed restrictions and entitlement status, including what state housing legislation and local density bonus programs now allow beyond the base code.
Whether the completed project supports its own cost. Land price, construction and soft costs, financing, timeline and absorption tested against realistic completed value.
Of the uses that pass the first three tests, the one that produces the greatest residual value to the land. This is the use that sets what the site is worth.
Feasibility and residual land value analysis before acquisition, and independent testing of a pro forma before it goes to a lender or an equity partner.
Comparative site selection and acquisition due diligence, with land priced per buildable unit against what the market will actually absorb.
Whether to hold, improve, entitle or sell, and what the site is worth under each path. Often the highest-value option is one the owner had not considered.
Land value and highest and best use evidence for eminent domain, partnership disputes, entitlement matters and project planning.
Tell us the site and what you are considering. We define the question, confirm the right analysis and quote a flat fee.
Zoning, general plan, overlays, entitlement history, permits and physical constraints, plus a site visit where the assignment calls for one.
Comparable land sales, achievable completed value, construction and soft costs, absorption and the residual value left to the land.
A written study plus a call to work through it, including the assumptions that would change the conclusion if they moved.
At our appraisal firm, we offer a range of services to assist clients with making informed decisions about their real estate investments. Some of the key services we offer include feasibility studies, highest and best use analysis, zoning consulting, and other land use consulting services.
Feasibility studies are an essential first step in any real estate development project. These studies evaluate the economic, financial, and market feasibility of a potential development, taking into account factors such as local market conditions, the cost of construction, and the potential return on investment. Our team of experienced analysts conducts thorough feasibility studies to help clients make informed decisions about whether to move forward with a development project.
Another critical service we offer is highest and best use analysis. This analysis involves evaluating the potential uses for a particular property and identifying the use that would generate the highest return on investment. Our team considers factors such as zoning regulations, environmental constraints, and market demand to determine the most profitable use of a property.
Zoning consulting is another important service we provide. Zoning regulations can be complex and vary widely from one jurisdiction to another. Our team of zoning experts helps clients navigate the zoning process, ensuring compliance with local regulations and maximizing the value of their property. We also provide consulting services related to land use, including site selection, land acquisition, and development strategies.
In addition to these core services, we offer a range of other land use consulting services tailored to the specific needs of our clients. Whether you are a developer, investor, or property owner, our team has the expertise and experience to help you make the most of your real estate investments. Contact us today to learn more about our land use services and how we can help you achieve your goals.