Highest and Best-Use Studies

Highest and Best-Use Studies (HBU)

Assemble a multi-dimensional analysis of a property or land site, by providing a real-time, submarket level assessment based on the following variables:

  • Physically Possible: size, shape, topography, and other characteristics of the site
  • Legally Permissible: permitted by zoning, land use planning, uses forbidden by government regulations, and uses prohibited by deed restrictions or covenants
  • Financially Feasible: must generate adequate revenue to justify the costs of construction plus a profit for the developer
  • Maximally Productive: generate the highest net return (profit) to the developer