An independent Airport Parking Facility Feasibility Study evaluating a off-airport parking facility serving George Bush Intercontinental Airport (IAH) in Humble, Texas.
HUMBLE, Texas — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Airport Parking Facility Feasibility Study in Humble, Harris County, Texas.
Wert-Berater served as independent feasibility consultant in connection with the project’s financing. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Development of an off-airport parking facility in Humble, Texas serving George Bush Intercontinental Airport (IAH), with a total project cost of $4,600,000. Off-airport parking is a yield business: the facility competes on price, shuttle convenience, and security against both on-airport garages and established off-airport operators.
The study constructed a competitor table covering land area, capacity, and density for the existing IAH off-airport parking set, locating the subject’s capacity within the observed market rather than against abstract benchmarks. Zoning, land use, and regulatory compliance were reviewed alongside construction cost validation and schedule.
Monthly operating and cash flow summaries carried the early operating period, with discounted cash flow analysis and sensitivity testing applied over the projection horizon. The structure of the analysis was designed to address the question lenders ask of parking assets: how long the ramp to stabilized occupancy runs and what coverage looks like during it.
Airport parking demand is a derived demand — it moves with enplanements, airline scheduling, and ride-share substitution, none of which the operator controls. The analysis treated ride-share penetration and on-airport capacity pricing as the principal structural risks and tested the pro forma against adverse movements in both.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed 4,000+ engagements across all 50 states and internationally, evaluating over $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. 4,000+ engagements completed across all 50 states and internationally, evaluating $41.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
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Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $41.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.
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Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.
All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.