The present and future demand for a property and its absorption rate are considered in which type of study?

A Market Feasibility Study examines the present and future demand for a property, along with its absorption rate. This type of study assesses whether a proposed development or use of a property is viable and likely to succeed based on current and projected market conditions. It considers factors such as demographic trends, income levels, and competition, which provide insight into how quickly the property can sell or lease, thereby informing developers and investors about the potential profitability and demand for the project.

In contrast, a Valuation Report primarily focuses on determining the current market value of a property based on comparable sales, income potential, or cost approach without necessarily analyzing its future demand or absorption. A Market Segmentation Study breaks down broader market data into more specific sub-segments, providing detailed demographics and characteristics, but does not primarily focus on demand and absorption rates for a particular property type. Lastly, a Highest and Best Use Analysis evaluates the most profitable use of a property but does not directly measure present and future demand or absorption rates, rather it considers zoning laws, physical characteristics, and market demand as part of understanding potential uses.