Thorough, efficient due diligence services pave the way towards successful commercial and industrial property transactions. Missing even a small detail can be extremely costly, so getting a comprehensive, multidisciplinary deep dive into your potential property can mean the difference between a sound investment or a money pit.
Avoiding development mistakes before they happen
Perhaps the most crucial step of any land development project is selecting the right parcel. While uncovering hidden potential can feel like discovering a secret treasure, investing in hidden problems can slow progress down to a halt.
Some of the most common site feasibility roadblocks are:
- Zoning: If a site isn’t zoned for the project’s intended purpose, it can be a significant hurdle. While rezonings are possible, they can extend a development’s timeline and come with inherent risks.
- Land costs: Understanding how much programming and infrastructure can realistically fit on a property will inform whether the land’s price is worth the investment. Knowing if earthwork can balance, or if utilities will need to be extended can help a proforma pencil out.
- Transportation: Often the developer is required to cover the cost to improve roadways and other infrastructure. Connecting new roads into existing systems can be complex and expensive, but often worth the investment.
Other issues such as environmental contamination, complicated rights-of-way, wetland regulations, permits, and more can quickly derail a project if not caught early on. Each of these areas require niche subject-matter expertise, calling for a variety of specialists to lend their professional opinion.
Looking at sites through a multidisciplinary lens
Rather than seeking out multiple consultants, developers can check off all their boxes with one proposal and point of contact.
At V3, we provide everything you need all under one roof, using our holistic expertise to expose the most comprehensive site conditions. As your partner, our multidisciplinary team works in your best interests, focusing on solutions that save time and money.
We check off due diligence requirements across specialties:
- Environmental: Phase I ESA, Phase II ESA, Site Status & Comfort Letters
- Natural Resources: Wetland Determination/Delineation, Permitting
- Site Design/Planning: Preliminary Site Layout
- Survey: ALTA & Topographic
We provide a seamless experience, pairing personalized service with vast resources to support your specific goals. We don’t often say that a site won’t work; rather, we show what a site can provide. Plus, we keep your project moving forward with all-inclusive services that serve every stage of land development.
Know your risks and uncover opportunity with one team by your side. Connect with our team to learn more.