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Feasibility Study for Property in Athens, Ohio

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Added on  2019-09-23

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This feasibility study explores three options for a property in Athens, Ohio: single-family housing community, 5000 unit apartment complex, and retail development. The study examines natural features, existing utility information, title search, easement determination, preliminary site investigation, revenue and liability, hard and soft cost opinions, and market assessment. The conclusion recommends the retail development option.

Feasibility Study for Property in Athens, Ohio

   Added on 2019-09-23

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Running Head: Feasibility Study FEASIBILITY STUDY
Feasibility Study for Property in Athens, Ohio_1
Feasibility Study1Table of ContentsIntroduction...........................................................................................................................................2Aerial Photography.............................................................................................................................2Natural Features.................................................................................................................................2Existing Utility Information.................................................................................................................2Title Search.........................................................................................................................................3Easement Determination and Third Party Rights................................................................................3Preliminary Site Investigation.............................................................................................................3Phase I ESA.........................................................................................................................................3Revenue and Liability.........................................................................................................................3Hard and Soft Cost Opinions of Probable Cost....................................................................................4Market Assessment............................................................................................................................5Conclusion..............................................................................................................................................5References.............................................................................................................................................6
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Feasibility Study2Introduction In this present paper, we will discuss the feasibility study of the property which was located near the City of Athens, Ohio limits and we have given three options which we have to understand and make the useful option for the firm. The three options include Single-family housing community, 5000 unit apartment complex, and retail development with an approx. Of 210,000 square feet.Aerial Photography The Aerial Photography in the city of Athens, Ohio provides a solution that specializes in low attitude, high resolution, and Services related to Aerial Photography. In R-3 zone we can use drone aircraft for camera platform which will help them for sightseeing for the families as well as for retail development. We have studied that the Aerial photography is beneficial in R-3 zone. (Elvidge, C. D, et al., 2014)Natural Features The natural features in the city of Athens, Ohio that helps for families, retail development as in R-3 zone which includes different natural features as Ohio wood and stream, Chagrin River, Hocking Hills state park, Mohican, etc. that will be beneficial for the apartment complex in which numerous people visit there for site-seeing. ("List of National Natural Landmarks in Ohio," 2017)Existing Utility Information For the existing utility information in city of Athens, Ohio the firm should know the necessary conditions regarding How much time will it take to start the services? What are the different options are available? In case you have any complaint to whom you will call?
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