Free Real Estate Site Evaluation Form Template

Real Estate Site Evaluation Form

This Real Estate Site Evaluation Form is designed for comprehensive assessment of potential real estate sites for [Your Company Name]. Please complete all sections with as much detail as possible to ensure a thorough evaluation. This form is instrumental in guiding your decision-making process for future acquisitions or development.

Section 1: Site Information

This section captures essential details about the site being evaluated. It serves as the foundation of the evaluation process, where basic yet critical information is recorded. Complete accuracy in this section ensures a solid starting point for further analysis.

Site Address

[Your Site Address]

Current Owner

Contact Information

Site Size (acres/sq ft)

Zoning Information

Asking Price

Date of Evaluation

[MM-DD-YYYY]

Evaluated By

[Your Name], [Your Job Title]

Section 2: Location Analysis

Location plays a pivotal role in the valuation and potential of a real estate site. This section delves into the geographic, demographic, and economic attributes of the location, providing a comprehensive understanding of its strengths and weaknesses.

Proximity to Major Highways

0.5 miles from [highway Name]

Access to Public Transport

Neighborhood Demographics

Economic Activity

Safety and Crime Statistics

Section 3: Site Suitability and Constraints

Understanding the physical and regulatory landscape of the site is crucial. This section evaluates the site's natural attributes, environmental conditions, and any zoning or legal limitations that could influence its development potential.

Topography

Mostly flat with a slight slope towards the north

Soil Type and Condition

Environmental Concerns

Legal or Zoning Constraints

Utility Availability

Section 4: Market Analysis

Market analysis sheds light on the economic viability of the site by examining local demand, the competitive landscape, and growth prospects. It's essential for gauging the site's potential success and sustainability.

Current Demand for Real Estate

High demand for mixed-use developments

Comparable Sales

Future Development Plans in the Area

SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)

Section 5: Financial Analysis

The financial assessment is critical for understanding the investment required, potential costs, and the economic returns of the site. This analysis helps in making a financially informed decision.

Purchase Price and Financing Options

$1,000,000, with options for a 20% down payment mortgage at 4% interest

Estimated Development Costs

Projected Returns on Investment

Tax Implications

Financial Incentives

For comprehensive guidance and to facilitate the completion of this form, please do not hesitate to get in touch with [Your Company Name] at [Your Company Email] or call us at [Your Company Number]. Our team is here to support you through every step of the site evaluation process.

Prepared by: [Your Name]

Date: [Month Day, Year]

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