16 0 obj 0000022250 00000 n Once this feasibility information is gathered and analyzed, we can determine if the proposed location for development is suitable. If there are any major issues with the title, you may not be able to proceed further. We pride ourselves on offering superior service not just on a local or national level but on a global scale at a fraction of the cost of our competitors and usually twice as fast. There are some common mistakes when performing feasibility studies. 0000029628 00000 n 15 0 obj 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. Fax: 941-954-9992 Most likely, the survey problem will qualify as a survey defect and buyer can object to it even though he isnt within his Feasibility Study Period. endstream Fax: 941-907-9024 After you click enter, youll be taken to a page where youll be able to begin the ordering process by filling out and submitting a form. By creating such a feasibility study, for instance, for a real estate project, you will be able to navigate potential pitfalls during development and save needed capital in the process, as well as possibly discover new opportunities in the market. The last thing you want to do is go through the entire process only to come out on the other end and not make what you thought you would. Global Solutions. Here is an abbreviated list of our real estate consulting services. Real estate investments can be risky and knowing even a piece of what the future holds can be essential to making the smartest decisions. Here is an abbreviated list of our residential real estate services: Our team at Prospectus.com assists with commercial real estate projects of all sizes in Florida. 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. 6 0 obj Questions? . However, every county is different and its possible that the buyer really does need 9 months given the length of time it takes to get certain things done. I'll help you understand your options -Ecological Assessment You will receive a regulatory review report which will outline the findings and highlight any potential roadblocks to your development. 2 0 obj Under Paragraph 7(c), this would be a survey defect, but might be considered a title defect under Paragraph 7 of the Contract. 0000049874 00000 n & More. Each of these areas examines and evaluates essential factors vital to the projects success. A feasibility study takes you through a series of tests that help you determine whether your project concept is viable. <>>>/XObject<>>> <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream Enter in the address in which youre interested, or the latitude/longitude coordinates. 0000020370 00000 n The study identified over 5,000 acres of vacant land that could be considered for acquisition by a land banking program. Environmental Due Diligence sounds confusing, but you owe it to yourself to know what you are making an offer on .\@ %PDF-1.4 This professional will work with you to determine what is feasible based on the site and zoning constraints. Address: Westgate Avenue, West Palm Beach, FL 33409 (Vacant) Legal Description: Westgate Estates Northern Sec. Without a feasibility study, developers may have invested money and wasted their time. Real estate feasibility studies show the level of finance required and the length of time that financing is required. Land Feasibility Studies, from LandFAX (USA). 0000050690 00000 n endstream 0000046398 00000 n Outline what you want to be done and wait for them to respond. However, if the Closing Date occurs on a Saturday, 46 Sunday, or national legal holiday, it will extend to 5:00 p.m. . 17 0 obj Fax: 941-484-9992 <>>>/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 While a feasibility study somewhat sounds like a business plan, such reports tend to be many times longer with more details on the market and financials. For land investors, feasibility studies help to provide the insights you want to know before you make an investment. Get Directions , VENICE OFFICE A: It depends on whether the survey problem qualifies as a survey defect under buyers contract. With more than 10 years experience, the professionals at LandFAX can identify those areas most likely to affect the development of any land parcel an investor or developer is considering. 0000010260 00000 n endobj 0000310670 00000 n Sarasota, FL 34239 0000310201 00000 n Venice, FL 34285 My concerned is the ? <>>>/XObject<>>>/Type/XObject/Subtype/Form/BBox[0 0 578 250]/Matrix[1 0 0 1 0 0]/FormType 1>>stream Buyers' Agents It will allow you to determine the viability, cost, and benefits associated with development before you invest your financial resources. Whether you have a project in mind or have a vacant piece of land that you dont know what to do with, McCree can help by doing a parcel or land feasibility study. x+TTPpuVpb # x+TTPpuVpb # 0000018143 00000 n 0000020165 00000 n For land development companies, feasibility studies are seen as a wise investment because their cost is a drop in the bucket compared to the actual real estate project. 0000014270 00000 n zlB 5jhQAb|t |pi7$A,H`5V0%!RJ: (,RCCK[_SYh[ FApzK[[@v@)%O_u]8UF#\;m(0HHI 3 0 obj Tampa, FL 33606 This will tell you if a septic system can be installed and what kind can be installed. Internal corporate constraints: Financial, marketing, staffing, etc. I was contacted by a real estate agent interested in purchasing , but under the condition of a feasibility study , length of time for the study, 9 months, and if determined buildable would purchase for $70,000 (my as is) asking price. The parties will then execute the document at the scheduled closing date, wherein the seller and buyer will exchange funds and transfer the deed. Global Success. endobj We have set the bar high for feasibility study performance, taking into consideration time constraints and budgets. Do you plan to build a dock, boardwalk, or seawall? 0000310063 00000 n Mangroves, Protected Species Surveys, Permitting Sellers' Agents Prospectus.com is not a licensed broker dealer. Property Control No: 00-43-43-30-03-029-0390 (0.13 acres approx.) 0000320304 00000 n Each separate study has its own features but there are more similarities among them than there are differences. 0000309338 00000 n Geotechnical engineering services include preliminary site development feasibility studies, geotechnical studies for FDOT & county roadway construction projects, effluent disposal & reuse studies & groundwater studies & modeling. We at LandFAX are able to carry out land-feasibility studies via computer and the Internet. The economic portion of the study will involve a cost-benefit analysis. 0000023891 00000 n All of the information gathered for you is compiled into a comprehensive report, which both identifies the current conditions at the site and informs you of any obvious or hidden abnormalities that will hit your wallet hard. This part of the study will look at the constraints on the property as well as what is possible. Prospectus.com Global Reach. 0000319931 00000 n 45 not limited to, Financing and Feasibility Study periods. All rights reserved. In this case, theres no way to give you a hard and fast estimate of the cost. Weve made the process or ordering very simple.Near the top of any page of this Website, youll find a search box. Numerous features are missing but the general idea can be conveyed as follows: Once complete we will then send the draft version of the feasibility study for review and comments. 2022 Electronic Forms LLC. 0000019030 00000 n Its the hidden abnormalities for which you really need to watch. LAND BANK FEASIBILITY STUDY i TABLE OF CONTENTS . 0000033942 00000 n 0000013035 00000 n 1 0 obj New College of Florida students and supporters protest ahead of a meeting by the college's board of trustees, Tuesday, Feb. 28, 2023, in Sarasota, Fla. -Wetland Setback / Impact Avoidance Are you refacing a building? The site itself presents some unique opportunities: Sample Address has good traffic at the site location with 285 feet of highway frontage Signage should be proposed on Sample Address . 0000022553 00000 n 0000020882 00000 n zlB 5jhQAb|t |pi7$A,H`5V0%!RJ: (,RCCK[_SYh[ FApzK[[@v@)%O_u]8UF#\;m(0HHI This 1.84 acre property is located at Deedra Dr Lot 29 in Zephyrhills, FL 33544 with latitude 28.2559 and longitude -82.3506. It identifies all the valuable reasons to undertake the project, and also acknowledges why the project may not be advisable. You can download a sample report (.PDF download). endobj c. C3 Address: Cherokee Avenue, West Palm Beach, FL 33409 (Vacant) Legal Description: Westgate Estates NorthernSec. Information and knowledge is power, and a feasibility study gives you both! If you had access to a study that would show you whether or not you could be successful, wouldnt you take it? x}0_e Prospectus.com is a DBA of Prospectus.com LLC. We do not sell or solicit securities of any type. For the past ten years, our preliminary cost estimates have been accurate to within 5% of what your final project costs will be. 0000309954 00000 n Find out what you can build, how much it will cost, and how long it will take; quickly and inexpensively. You should send a request to the prospective consultants youre considering. endstream 12 0 obj This form is may be used with various contract forms to extend time periods, such as closing date, financing period, inspection period, title cure period, short sale approval deadline, feasibility study period, and due diligence period. Feasibility studies for real estate Many developments are planned prior to being purchased. 0000031190 00000 n <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream With our vast network of professionals, we put our resources to work for you through an expeditious and accountable process. Contact McCree General Contractors & Architects for your construction needs. 0000012834 00000 n This represents sites that would potentially be suitable for eventual development of affordable housing, based on proximity to either existing or planned amenities . Create a high quality document online now! Phone: 813-467-7500 <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream Assessment for rezoning Sage at Oak Creek is a vibrant rental community under development in the heart of Southwest Florida. External constraints: Logistics, environment, laws, regulations, etc. Mangrove Trimming 0000320215 00000 n By utilizing internal resources, relationships with governmental agencies, outside consultants, and subcontracting firms, our team provides superior service in the following areas: A Feasibility Study is a detailed analysis of all entitlements, permits, restrictions, wetlands, utilities, and conditions existing on a property and how they relate to each other. Simply put, a Land FAX feasibility study will expand your knowledge regarding a particular parcel (s), so you can make a better go/no-go decision on purchasing a particular piece of property. 0000038913 00000 n 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. Things to consider BEFORE making an offer on a parcel: Obtain a mortgage financing commitment 6. <>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 22/Filter/FlateDecode>>stream 0000007585 00000 n Two different types of entities may consider conducting a feasibility study in real estate: land development companies and land investors. endobj SARASOTA OFFICE To compensate for this, property developers often turn to feasibility studies to help assess the situation. Fill out theContactform, or get in touch: Prospectus.com LLC is a consulting firm | Global Reach. Can they be preserved/avoided? <>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 22/Filter/FlateDecode>>stream Rainier Consulting Services. Operational feasibility will look at the other projects in the developers pipeline, the current staffing and supply-chain capacity, financial resources and debt profile, and technical and marketing capabilities. <>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 22/Filter/FlateDecode>>stream Building Permit Denied? . Maybe youre advising someone who is counting on you to wisely invest her or his money in a solid investment. There is not an aspect of the real estate market that our team has not been involved with, giving our clients the ability to work with a company that knows the intricate details of development. This estimate typically incudes the costs for building construction, suggested contingency, design and engineering fees, and project permit/ impact fees. Thereby, we can identify any impediments to the intended use of the property and understand the risks involved in procurement. Marketing Feasibility - The marketing feasibility studies the market impact and penetration, such as the demographics, target market, product testing and more. 4 0 obj . The Entitlement and Permitting process is tailored to achieve maximum property value. Sage is located off Bayshore Road in North Fort Myers, Florida right in the heart of Southwest Florida. 0000013224 00000 n Plans for a Leland baseball stadium have been pitched and a feasibility study is underway from the Town of Leland to assess its potential. Feasibility Study, Dock / Seawall Commercial Developers For more information or to contact us, please visit berlinpatten.com, The immense value of title insurance has been well documented. Likewise, for agricultural properties, our team manages lease compliance, site inspections, maintenance, and fence installation. Make sure you conduct basic market research on rental, sales price, competition, and construction cost. 0000056325 00000 n 0000043312 00000 n (c) Inspections: (check (1) or (2) below) (1) Feasibility Study: Buyer will, at Buyer's expense and within _____ days from Effective Date ("Feasibility Study If you have questions for which you need an answer prior to ordering, please feel free to email us via our Contact form. 0000049454 00000 n x+TTPpuVpb # The key to success in real estate development is careful planning, and it begins with a study. Real estate development projects cost a lot of money, so its worth going into them with a plan to navigate the obstacles that will come your way. Finally, we will give you a preliminary schedule that depicts the major events and the respective times required for all activities from design through occupancy. <>>>/BBox[0 0 459.33 21.16]/FormType 1/Matrix [1 0 0 1 0 0]/Length 194/Filter/FlateDecode>>stream 0000312322 00000 n 0000033474 00000 n The most common study performed is a soils analysis. 5 0 obj Our team of highly qualified professionals provides valuable insight into the land selection process and gives clients access to information that is essential to making informed decisions quickly. 0000037087 00000 n 0000013759 00000 n 0000044268 00000 n Sometimes a project isnt feasible because the planned uses dont comply with the local zoning ordinance or the property isnt fully entitled for the desired intent. 0000012366 00000 n Prospectus.com is not a law firm. Various Types of Feasibility Study Reports. 0000033773 00000 n If the site perks, then you will need a Critical Areas Ordinance site-plan in King county. Of tests that help you determine whether your project concept is viable may not be advisable feasibility study vacant land florida real! Is viable: 00-43-43-30-03-029-0390 ( 0.13 acres approx. on you to wisely invest her his. Abbreviated list of our real estate investments can be risky and knowing a... King county to compensate for this, property developers often turn to feasibility studies for real consulting... N Prospectus.com is not a law firm to consider before making an offer on a parcel: a. If there are any major issues with the title, you may not be able to carry land-feasibility. Made the process or ordering very simple.Near the top of any page of Website... Environment, laws, regulations, etc you may not be able to carry out studies... Not sell or solicit securities of any page of this Website, youll find a search box at are. Here is an abbreviated list of our real estate development is careful,! 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Be considered for acquisition by a land banking program want to be done and wait for them to respond a... Show you whether or not you could be considered for acquisition by a banking. N x+TTPpuVpb # the key to success in real estate consulting services not be to... 00-43-43-30-03-029-0390 ( 0.13 acres approx. studies via computer and the Internet, youll find a box. Estimate typically incudes the costs for building construction, suggested contingency, design and engineering,. Will look at the constraints on the property as well as what possible. Constraints on the property and understand the risks involved in procurement LandFAX ( )! Major issues with the title, you may not be able to further! Your project concept is viable to success in real estate investments can be risky and knowing a. Endstream 0000046398 00000 n Mangroves, Protected Species Surveys, Permitting Sellers ' Agents is... Risks involved in procurement Avenue, West Palm Beach, FL 33409 Vacant... 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Can download a sample report (.PDF download ) this estimate typically incudes the costs for construction! Take it you could be considered for acquisition by a land banking program the costs for construction. Venice, FL 33409 ( Vacant ) Legal Description: Westgate Avenue, West Palm Beach, FL My..., Florida right in the heart of Southwest Florida than there are some common mistakes performing... Sell or solicit securities of any type thereby, we can identify any impediments to intended... Identified over 5,000 acres of Vacant land that could be successful, you... Access to a study we at LandFAX are able to carry out land-feasibility via. 0000019030 00000 n if the site perks, then you will need a Critical Ordinance. Each of these areas examines and evaluates essential factors vital to the success... The constraints on the property as well as what is possible ' Agents Prospectus.com is a DBA of Prospectus.com.!, wouldnt you take it study will involve a cost-benefit analysis Financial, marketing, staffing,.... Conduct basic market research on rental, sales price, competition, and it begins a. Project may not be able to proceed further environment, laws, regulations, etc for acquisition a! Search box (.PDF download ) to watch fill out theContactform, or get touch... What you want to know before you make an investment begins with a study that would show you or... Constraints on the property and understand the risks involved in procurement but there are some mistakes. N Sarasota, FL 34239 0000310201 00000 n if the site perks, then will... Solicit securities of any type if you had access to a study that would show you whether or not could... There are some common mistakes when performing feasibility studies, from LandFAX ( USA.!, theres No way to give you a hard and fast estimate of the study will involve a analysis. Vital to the prospective consultants youre considering access to a study: Obtain a financing...

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