Campground / RV Park Feasibility Lens

Those enabling packages are the least flexible parts of a phased land build: once utility sizing, trenching, and pad layout are locked, resequencing later is expensive.

In the latest reading (—), input inflation is running — faster than broader spending. The cycle high was — in —, so contingency pressure on raw-infrastructure line items is no longer theoretical.

For a Phase 1 budget around $4.5M–$5.0M, each extra 5 points of contingency equals —; 10 points equals —. That is a useful unit for sizing the reserve on electrical, well, septic, and rough grading scopes.

The 30-year mortgage proxy is — in —, roughly the — percentile of the 2015–2026 range. The 10-year Treasury is even higher in its own history, at the — percentile.

That means debt is still being priced in a firm-rate regime. If early RV/campground sites can open and monetize quickly, letting Phase 1 revenue carry later pads preserves optionality; if utility mobilization or bid resets are likely to outrun carry savings, locking the enabling work earlier can still be rational.

The current mortgage-vs-Treasury spread is —, below the peak spread seen in —. In other words, absolute rates remain high even after the extra mortgage premium has cooled somewhat.