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Real Estate Glossary

Functional Feasibility

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Written by Luis Escobar

This refers to deliberation made during the selection process of a site that aids with the evaluation of its potential. It is determined in the following terms: practicality of the property, the best site for specified use, or the consideration of a site’s best use. Functional feasibility is gathered through the analyzation of competition, demographics, market conditions, and linkages.

This refers to deliberation made during the selection process of a site that aids with the evaluation of its potential. It is determined in the following terms: practicality of the property, the best site for specified use, or the consideration of a site’s best use. Functional feasibility is gathered through the analyzation of competition, demographics, market conditions, and linkages.

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Luis Escobar

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