CONSULTING SERVICES

For investors and developers, who may already have their respective acquisition and marketing teams in place, we also offer these additional consulting services: 

Development Potential

Outline

What can be built here?
What does this want to be?
What is the highest and best use? 
 
Prior to the purchase or development of a property it is imperative to have the clearest picture of the development potential of a site. A Development Potential Outline allows developers to better understand:
  • The applicable zoning and zoning code(s)
  • Key development restrictions: height, density, setbacks, etc.
  • Potential areas for highest and best use
  • Different Development Scenarios
  • Potential Eligibility for ADU, TOC, SB 5, Small Lot Subs
  • Potential development red flags and areas of consideration
View Sample
"I can't stress this enough with investors-- know your zoning, know your zoning, know your zoning! I knew an investor who bought a commercial building zoned for 18 units by right, 23 units under TOC! And didn't know it, until after he had poured $100,000s into remodeling the space. If you know your zoning, you know your options and can better prepare for anything."

                                                                                 -- Dominique Higgins | DRE#01927254

Benefits: 
  • Reduces your research time 
  • Adds clarity to your development goals 
  • Defines a starting point for discussions with planning officials
REQUEST AN OUTLINE

Development Feasibility Analysis

What is my plan?
What are the numbers? 
Are all costs accounted for?
Does the deal make sense? 
 
Knowing what can be built is not enough. As a developer you want to know if the project makes financial sense for you and your goals.
With a Development Feasibility Analysis, you gain greater insight into: 
  • Profit potential for short term developments
  • Sales and performance of comparable properties
  • Estimated soft and hard costs   
  • Financial feasibility across different development scenarios on the same site
  • Timing the construction and release of a project
  • Preliminary estimates of operating expenses and revenue (for long term multi-family holds)
Benefits: 
  • Creates a financial plan and roadmap
  • Provides a vital tool for pre-acquisition decision-making 
  • Guides development decisions during construction
REQUEST AN ANALYSIS
 
 
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TERMS OF SERVICE

© 2023 by Demi Watson. Proudly created with Wix.com | Dominique Higgins Real Estate | DRE#01927254 | info@dominiquehiggins.com | 888-205-3213 |

Dominique Higgins fully supports the principles of the fair housing act and the equal opportunity act.  All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. Information is obtained from various sources and will not be verified by Company. There is no guarantee of accuracy of all data including measurements, conditions, and features of property. All property information should be verified by your own attorney, architect or zoning expert.