Case Study

Commercial

Lahaina, HI Property Saves $73K

Lahaina, HI

Image of Commercial property for Lahaina, HI Property Saves $73K

$73K NOI Increase

Solutions Found:

LOMA

Solution Value: $73,000

Solution Type: LOMA

On the island of Maui, in Lahaina, HI, our team identified ≈ $73,000 in cost savings for a commercial property less than a stone's throw from the shores of the Pacific Ocean.

Our engineers obtained a LOMA, re-zoning the four strip-mall style commercial buildings from high-risk AE flood zone to low-risk X-zone utilizing property-specific engineering data.

What does this mean for the client?

• Removal of lender-mandated flood insurance

• ≈ $73,000 back to the bottom line

• Instant increase in property value

View Other Case Studies

Image of Multifamily property for Lender Mandates Removed For A Multifamily Building in Oklahoma City, OK

$120,000 in Added Property Value

Lender Mandates Removed For A Multifamily Building in Oklahoma City, OK - Oklahoma City, OK

Discover how NFE successfully removed a multifamily building in Oklahoma, OK, from a complex A flood zone. After conducting a thorough Flood Expert Survey, we obtained FEMA's approval for a LOMA, saving the client nearly $7,200 per year on flood insurance and boosting property value by approx. $120,000.

Image of Land property for Commercial Development Firm Wins Big in NY

$10K Saved & Headaches Avoided

Commercial Development Firm Wins Big in NY - Brooklyn, NY

An entire undeveloped lot was being pulled into the SFHA, creating permitting nightmare for the owners. NFE's engineering analysis pulled the ENTIRE lot out of the SFHA both NOW and when the pending preliminary map goes into force.

Image of Land property for Utah Property Successfully Reclassified to X Zone

5 Bldgs. Reclassified from SFHA

Utah Property Successfully Reclassified to X Zone - Hurricane, UT

Explore how a Hurricane, UT, property (Duplex, 3 Sheds, 1 Storage structure, and the land!) were reclassified to an X-zone, removing lender mandates for flood insurance and increasing property value significantly.