property development feasibility calculator
Construction takes 18 months for smaller projects 3 stories and higher, 6 months for 1 story projects, 12 months for 2 story projects, and 21 months for projects 7 stories and higher, adding one additional month time for every 2 additional stories for larger projects beginning at 13 stories. Duration of construction loan Years. Join today to use development calculator This tool is restricted to PropertyData members only Sign up for free. The GDV acts as an estimate of the market value or rental value for a property or development. Both are zoning designations created by cities that require a developer to get approvals from the local Planning Commission and possibly City Council in order to go through with development.
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