An independent Greenhouse Feasibility Study evaluating a geothermal-heated greenhouse and nursery enterprise in Radium Springs, New Mexico.
RADIUM SPRINGS, New Mexico — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Greenhouse Feasibility Study in Radium Springs, Doña Ana County, New Mexico.
Wert-Berater served as independent feasibility consultant to the lender and USDA Rural Development. 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.
Acquisition of an established greenhouse and nursery enterprise in Radium Springs, Doña Ana County — more than 20 acres of geothermal-heated greenhouses with secured groundwater rights providing 2.3 times the water required at full production, evaluated for a USDA Business & Industry guaranteed loan under Regulation 5001. The site sits 20 minutes from Las Cruces, 1.5 hours from El Paso, and within same-day distribution reach of markets across New Mexico, Texas, and Arizona, in a national nursery and garden industry generating more than $54 billion annually.
The economic feasibility analysis confirmed labor availability through the county’s agricultural workforce and the plant- and soil-science graduate pipeline from the nearby land-grant university; the technical analysis confirmed that geothermal heating materially reduces energy-price exposure while the secured water rights neutralize the binding constraint on greenhouse operations in the arid Southwest; and the market analysis benchmarked the operation against regional and national competitors, most of which operate with limited capital reserves.
Purchase of business assets of $16,500,000 funded by the USDA-guaranteed loan plus equity; $100,000 of working capital contributed by the borrower; and $750,000 of closing costs and fees funded from loan proceeds, consistent with USDA B&I norms — a total project cost of $17,350,000.
The rate structure carried the principal risk: the B&I loan floats on a Wall Street Journal prime-based adjustable rate, so the study stress-tested coverage against rate movement and a five percent operating-cost increase, with DSCR remaining above the USDA minimum in each case. Competitive pressure from regional growers and the seasonality of nursery demand were addressed through capacity-utilization analysis and a distribution strategy spanning three states, and the break-even calculations required under 5001.203(i) confirmed solvency margins throughout the projection period.
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.