Highest & Best Use Briefs

Our HBU Briefs

We also provide Highest and Best Use Briefs for a quicker and more cost-effective analysis of a property's potential including a summary analysis of surrounding economic, demographic and household data within the specified trade area.

Unlocking Potential: Discovering the Highest & Best Use

Our Highest & Best Use Briefs can act as your compass to navigate the intricate landscape of development possibilities. We specialize in uncovering the latent potential within your property, guiding you toward the optimal use that not only enhances its value but aligns seamlessly with market demands.

  • Strategic Analysis: At ProformaFC, we conduct meticulous analyses, evaluating zoning regulations, market trends, and economic factors to pinpoint the highest and best use for your property.

  • Innovative Solutions: We pride ourselves on thinking outside the box by exploring innovative development solutions that can transform your property into a beacon of value, whether through mixed-use projects, adaptive reuse, or groundbreaking design concepts.

  • Market Intelligence: Stay ahead of the curve with our comprehensive market intelligence. We provide data-driven insights to ensure your project aligns with current and future market demands, giving you a competitive edge in the ever-evolving real estate landscape.

  • Financial Viability: Our focus extends beyond conceptualization to concrete financial viability. We perform thorough feasibility studies to ensure that the proposed highest and best use not only adds value to your property but also aligns with your financial objectives.

Embark on a journey of transformation with our Highest & Best Use services – where potential meets possibility, and value knows no bounds. Let's redefine what your property can become together.

HBU Breakdown

  • Our Highest & Best Use Briefs are designed to be an inexpensive yet valuable asset for developers, investors and land owners seeking to maximize their investment returns and minimize risks. By leveraging the insights and recommendations provided, our clients can position themselves strategically in the market, unlocking the full potential of their real estate development ventures.

  • Analysis of the trade area in the brief includes studying market aspects like traffic patterns, shopping habits, and existing businesses, for the purpose of exploring the market potential of a planned property or optimizing the management of an existing one.

  • The demographic section of the HBU Brief provides a high level of insight into the key population characteristics that influence the local properties market dynamics. Through thorough research and analysis, the brief touches on demographic factors such as age, gender, income levels, education, and geographic distribution to illuminate the target audience and potential customer base.

  • The economic section of ProformaFC’s Highest & Best Use Briefs provides a high level overview of the economic factors influencing the local market surrounding the property. It typically includes an analysis of macroeconomic indicators, employment trends, income levels, and other key factors that impact the supply and demand dynamics of the local real estate market.

  • The development potential section of the brief provides a comprehensive overview of the opportunities and constraints associated with a specific property or area. This section aims to assess the feasibility and viability of potential development projects.

  • The opportunities/demands section of the brief typically focuses on identifying key factors from the previous sections of the report that present favorable conditions for development and that drive demand in the market.