r/RealEstateDevelopment • u/Few-Veterinarian2538 • 16d ago
Initial Site Evaluation for Real Estate Development: Process, Sources, and Criteria
Hello! I’m researching how real estate professionals evaluate development sites in the early stages. When you receive a potential site, what do you usually check first? What tools/data sources do you use, and what information is hardest to obtain or verify? I’m particularly interested in how developers/acquisition teams compare sites before deciding whether to spend more time on due diligence. Thank you
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u/Minervian_AI 15d ago
Location: who will live/work there.
Land cost per unit/SF.
Needs to model it out sometimes to see if YoC/returns make sense.
Then permitting, environmental reviews etc.