Florida Feasibility Study

Are you looking for a feasibility study company near Florida?

MMCG Invest, LLC is a feasibility study company serving Florida and surroundings areas. 

 

Our comprehensive feasibility studies help you and your lender understand all critical parts of your real estate development project. A feasibility study is an essential step for businesses and developers seeking to make informed decisions about their projects.

 

Our Company serve:

 

•    Affordable Housing Feasibility Study

•    Apartments Feasibility Study

•    Hotel Feasibility Study

•    Marina Feasibility Study

•    Multi Family Feasibility Study

•    Office Feasibility Study

•    Retail Feasibility Study

•    RV Park Feasibility Study

•    RV Storage Feasibility Study

•    Self-storages Feasibility Study

•    Senior Housing Feasibility Study

•    Warehouse/Industrial/Flex-Space Feasibility Study

 

Near Florida. We serve feasibility studies for SBA loans programs. 

 

Our reports meticulously analyze various aspects of a proposed project, including market trends, financial viability, legal requirements, environmental impacts, and potential risks. By examining these critical factors, a feasibility study provides a thorough understanding of the practicality and profitability of a project. 

 

This holistic approach helps in identifying potential challenges and opportunities, ensuring that resources are optimally allocated, and aligning the project's objectives with realistic outcomes. Whether it's for real estate development, new business ventures, or expansion of existing operations, comprehensive feasibility studies are invaluable tools for strategic planning and decision-making.

 

Economic Feasibility

A real estate feasibility study's economic section delves into a proposed project's economic indicators. It encompasses a thorough analysis of the site overview, demographics around your site, population change, income, and income change. Furthermore, this section describes the legal aspects of the proposed development, including zoning regulation, the required civilian labor force, and their availability. This assessment aids in understanding the economic sustainability of the project, highlighting risks and ensuring that the development aligns with realistic expectations of your site potential.

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Market Feasibility

In the market section feasibility study, we focus on evaluating the current and projected conditions of the local real estate market. This critical assessment involves analyzing factors such as demographic trends, economic indicators, housing supply and demand, competitor developments, and price points. The goal is to understand the area's potential for real estate investment, identifying opportunities and challenges. This analysis helps in determining whether the market can support the proposed development, be it residential, commercial, or mixed-use. By providing insights into buyer or tenant behavior, market saturation, and growth prospects, this section forms a foundational part of the feasibility study, guiding developers in making data-driven decisions for successful real estate projects.

 

What to expect from our market research?

We subscribe and analyze market leading complex datasets, which allows us to understand and precisely determine:

 

•    Days on the market before leasing, absorptions of your units

•    Analysis of the rates near your project, based on the leased rates (adjusted for inflation)

•    Demand/supply trend within your primary market areas, with detailed forecast of demand for your facility

•    Occupancy forecast

•    Detailed overview and benchmarking of competitors, 

•    Competitors asking rates analysis, asking rates assumptions for your project

 

Technical Feasibility

Within the Technical feasibility section, we determine hard costs, soft costs, and financial costs as the critical part of evaluating a project’s feasibility. Hard costs refer to the direct expenses related to the physical construction of the project, including materials, labor, and equipment. 

 

These are typically quantifiable and straightforward to estimate. Soft costs, on the other hand, encompass indirect expenses such as architectural design fees, legal expenses, permits, and insurance. These costs can be more variable and are often estimated based on industry standards and past project experiences. 

 

Financial costs involve the expenses associated with financing the project, including interest payments, loan origination fees, and other costs related to securing capital. Accurately determining these costs is essential for creating a comprehensive budget and ensuring the project's financial feasibility and sustainability.

 

Financial Feasibility

The financial feasibility section of a real estate feasibility study is a pivotal component that assesses the monetary aspects of the proposed project. It involves a detailed examination of the project's funding requirements, sources of capital, cost analysis, and revenue projections. 

 

This section scrutinizes the cash flow forecasts, breakeven analysis, and expected return on investment to determine the project's financial viability. It also considers potential financial risks and mitigation strategies. The aim is to ensure that the project is not only economically viable but also financially sustainable, offering a reasonable assurance of profitability to investors and lenders. This careful financial analysis is crucial for making informed decisions about proceeding with, adjusting, or possibly abandoning the real estate development based on its financial prospects.

 

What to expect from our financial feasibility analysis?

•    Operating costs (such as utilities, insurance, salary & benefits, real estate taxes, etc.) are based on the actual financial statement from operating facilities nearby,

•    Gross and Effective Revenue Assumptions are rationale from the financial performance of the nearby operating facilities from comparable market conditions (population, density of competitors, etc.).

 

Our financial model relies on a discounted cash flow (DCF) analysis to determine critical financial metrics. What financial performance indicators do we present?

 

•    10 years pro forma (Effective revenue, operating expenses),

•    Debt Service, Debt Service Coverage Ratio,

•    Anticipated project exit capitalization (cap) rate,

•    Net Present Value,

•    Discounted Cash Flow,

•    Internal Rate of Return (IRR),

•    Sensitivity Analysis, Breakeven.

 

Ready to start with a feasibility study near Florida? Feel free to send us your location; we will be back with a market overview the next business day, free of charge.

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​County Population (2023 Estimate) Area Size (sq miles) Growth Rate (%) (Last Year) Biggest City (by Population)
Alachua 280,000 969 1.0% Gainesville
Baker 29,000 589 0.8% Macclenny
Bay 180,000 1,033 1.7% Panama City
Bradford 29,000 300 0.7% Starke
Brevard 620,000 1,557 2.0% Palm Bay
Broward 2,000,000 1,323 1.1% Fort Lauderdale
Calhoun 14,000 574 0.4% Blountstown
Charlotte 196,000 858 1.5% Port Charlotte
Citrus 156,000 773 1.2% Homosassa Springs
Clay 230,000 644 1.8% Lakeside
Collier 410,000 2,305 2.6% Naples
Columbia 72,000 801 1.1% Lake City
DeSoto 38,000 639 1.0% Arcadia
Dixie 16,000 705 0.8% Cross City
Duval 1,000,000 918 1.4% Jacksonville
Escambia 330,000 875 1.2% Pensacola
Flagler 125,000 485 1.6% Palm Coast
Franklin 12,000 1,026 0.5% Eastpoint
Gadsden 46,000 516 0.7% Quincy
Gilchrist 18,000 355 0.9% Trenton
Glades 14,000 774 0.6% Moore Haven
Gulf 15,000 555 0.9% Port St. Joe
Hamilton 15,000 519 0.8% Jasper
Hardee 26,000 638 0.7% Wauchula
Hendry 42,000 1,191 1.2% Clewiston
Hernando 203,000 589 1.5% Spring Hill
Highlands 106,000 1,106 1.1% Sebring
Hillsborough 1,565,000 1,266 2.0% Tampa
Holmes 20,000 482 0.6% Bonifay
Indian River 165,000 617 1.3% Vero Beach
Jackson 47,000 955 0.8% Marianna
Jefferson 14,000 637 0.6% Monticello
Lafayette 8,500 548 0.4% Mayo
Lake 420,000 1,157 2.1% Clermont
Lee 800,000 1,212 2.5% Cape Coral
Leon 300,000 702 1.0% Tallahassee
Levy 44,000 1,413 1.2% Williston
Liberty 8,000 843 0.4% Bristol
Madison 19,000 716 0.5% Madison
Manatee 440,000 893 2.3% Bradenton
Marion 375,000 1,663 2.1% Ocala
Martin 170,000 753 1.4% Stuart
Miami-Dade 2,700,000 2,431 1.1% Miami
Monroe 83,000 3,738 0.5% Key West
Nassau 95,000 726 1.7% Fernandina Beach
Okaloosa 220,000 1,082 1.6% Fort Walton Beach
Okeechobee 40,000 892 1.0% Okeechobee
Orange 1,500,000 1,003 2.0% Orlando
Osceola 450,000 1,506 2.4% Kissimmee
Palm Beach 1,500,000 2,034 1.5% West Palm Beach
Pasco 625,000 868 2.2% Wesley Chapel
Pinellas 975,000 274 1.2% St. Petersburg
Polk 750,000 2,011 2.4% Lakeland
Putnam 75,000 827 0.8% Palatka
Santa Rosa 195,000 1,174 2.0% Navarre
Sarasota 465,000 725 1.9% North Port
Seminole 475,000 345 1.8% Sanford
St. Johns 300,000 822 2.1% St. Augustine
St. Lucie 345,000 688 2.2% Port St. Lucie
Sumter 150,000 580 1.7% The Villages
Suwannee 45,000 692 0.9% Live Oak
Taylor 21,000 1,043 0.7% Perry
Union 16,000 250 0.6% Lake Butler
Volusia 575,000 1,432 1.8% Deltona
Wakulla 34,000 736 1.2% Crawfordville
Walton 90,000 1,238 1.6% Miramar Beach
Washington 25,000 616 0.7% Chipley

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We proudly serve the following counties in Florida: 

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