Flex - Who art thou? Trying to help a client understand value of land from a Flex Dev perspective.
Good Morning!  


A client has asked me to value some of his land in an office park, and one of the asset classes I'm thinking could be a good fit for his property is Flex. The property has about 3.5-4 acres buildable, is zoned appropriately, and good access to major transportation corridors.   


Our firm has traditionally done work in retail, MF, and storage, and so I'm trying to understand the flex asset class better. As I've been doing more research, talking to GC's, and its sounds like the product can be either an office/warehouse mix, but mostly office or it can be a more upscale 'research' style product. Property is in major market in NC.   


What I'm trying to figure out is:  


How much width does truck court in the rear have to have for box trucks to get in and out?  


How large are tenant bays (i.e., areas to lease to individual tenants)?  


Size of loading docks?  


Ratio of office to warehouse area?

  
Any other insights would be helpful. Thanks everyone!
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