Hardy Property Use and Developmental Analysis: Rillito Builders
The following is an exploration of development options and analysis for a subject property owned by Rillito Builders. The analysis consists of building code restrictions, cost breakdown, scheduling of construction, appraisal, and a model for financial forecast and evaluation. Findings outline the be...
| Main Author: | |
|---|---|
| Language: | en |
| Published: |
The University of Arizona.
2010
|
| Online Access: | http://hdl.handle.net/10150/156909 |
| Summary: | The following is an exploration of development options and analysis for a subject property owned by Rillito Builders. The analysis consists of building code restrictions, cost breakdown, scheduling of construction, appraisal, and a model for financial forecast and evaluation. Findings outline the best use of property as commercial or industrial. The costs to build a structure were estimated to be $161,550 and the appraised value of the subject property was estimated at $86,000. The forecasted rental income was shown by offset costs of construction and operation after 19 years of rental therefore it was only recommended to pursue the development if Rillito would hold and rent the property for a minimum of 19 years. |
|---|