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HomeMy WebLinkAbout6229 Carolina Beach Rd Pro Forma-26221, 6223, 6229 Carolina Beach Rd Property - Wilmington Realtors Foundation - Pro Forma Development Phases #1 Land Planning Property Entitlement Rezoning - Project Planning Surveying Soils & Wetlands Mapping Initial Lot Layout Total Lot Cost #2 Predevelopment Subdivision - Lots Engineering Surveying Permitting Legal & Recording Project Planning and Marketing Third Party Cost Land Total Lot Cost #3 Land Development Cost Site Development Development Fee Subtotal Land Development Cost Interest Carry Total Land Development Cost #4 Vertical Development Cost GC Build Sq. Ft. $$/Sq. Total GC Build Total Vertical Cost Total Project Cost Entil, PreDev, Land and Vertical Unit Sales Metrics Real Estate Commission Percent Sales Price Real Estate Commission Total Cost per sq. ft. Per Lot 287.5 104.1667 52.0833 104.1667 547.9167 Per Lot 1666.6667 416.6667 52.0833 83.3333 541.6667 1093.75 11770.8333 15079.1667 Per Unit 32095.8333 1041.6667 33137.5 0 50820.8333 Per Unit 1600 120 192000 192000 Per Unit 242820.8333 0.025 249047.0085 6226.1752 155.6544 48 Total 13800 5000 2500 5000 26300 48 Total 80000 20000 2500 4000 26000 132500 565000 723800 48 Total 1540600 50000 1590600 125000 2439400 48 Total 76800 120 9216000 9216000 48 Total 11655400 Funding provided by Paragon Bank Preliminary Plat Total Final Plat Total Build Out Total Line Item - Site Development Costs lot Clearing fill import water sewer stormwater/detention concrete pavement stone dry utilities sewer pump station permits per acre per lot per linear ft per linear ft per linear ft per linear ft per sq ft per cu yd per linear ft project project TOTAL acres lots 6 48 1000 1000 1000 1000 28000 3000 1000 1 6 6500 3200 100 100 100 100 6 50 55 550000 6 48 39000 153600 100000 100000 100000 100000 168000 150000 55000 550000 25000 1540600