Commercial Development Tool
Development feasibility.
Assumption by assumption.
Screen an indicated residual land allowance from your own completed-project value, cost and required-profit assumptions.
Development screening scenario
Expose the residual.
These are illustrative inputs—not market data. Replace every amount with current project evidence.
Calculated scenario
- Total entered project costs before land
- $9,150,000
- Required profit from entered rate
- $1,440,000
- Entered costs as percentage of GDV
- 76.3%
- Residual as percentage of GDV
- 11.8%
Residual = entered gross development value − entered project costs − entered required profit. It excludes land closing costs, acquisition financing, taxes, time-value discounting and every unentered or understated risk. A negative result means the entered value does not cover the entered costs and profit requirement.
Read the result
A residual.
Not a valuation.
Gross development value is the completed-project revenue or exit-value scenario you enter. It is not supplied or verified by Commercially.
Project costs must come from current parcel, design, consultant, contractor, authority, lender and marketing evidence. The categories are prompts, not a complete budget.
Required profit is calculated only from the percentage you enter and is not a market benchmark, lender requirement or recommendation.
Indicated residual is simple undiscounted arithmetic. It is not market value, appraised value, an offer recommendation, financing approval or proof that the project is permitted.
Build the real model
Replace every assumption.
This educational tool keeps inputs in your browser. It does not provide development, planning, engineering, construction, appraisal, financing, tax, legal or investment advice.
Statistics Canada Building Construction Price Index technical guide ↗Build a commercial development pro forma →Understand residual land value →Build the Alberta development-cost budget →Review the Alberta acquisition pathway →Search live Alberta land inventory →Submit a development-land requirement →Calculator inputs remain in your browser and are not submitted to Commercially. Only a form you intentionally submit creates an inquiry.