A feasibility study analyzes whether a tract of land can be purchased and developed profitably.

Name: A feasibility study analyzes whether a tract of land can be purchased and developed profitably.
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Question

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A feasibility study is often conducted prior to making a real estate investment to determine if it would be profitable. This includes analyzing factors such as the cost of the land, the cost of development, potential market demand, and projected revenue.

A Feasibility Study Analyzes Whether a Tract of Land Can