Environmental issues can be expensive for business owners. This is why, in a prior post, we spoke about the environmental risks that businesses should consider in real estate transactions. But, some business owners were likely looking for some types of businesses that regularly have environmental issues.
Gas stations and fuel storage
For those looking to purchase a gas station or a property that used to be a gas station, there will be environmental issues. This includes petroleum and volatile organic compound contamination. Even with modern gas stations and preventative measures contamination from storage tanks is a near certainty. But, do not forget that any business that has fuel storage tanks, like heating oil, will also likely have issues.
Auto maintenance facilities
Properties that currently are or have ever been used to work on, repair or maintain vehicles will also certainly have environmental issues. This is because of the petroleum-based liquids that permeate all vehicle components. Spillage is common and sometimes, unavoidable, but improper disposal and storage can also be an issue.
Industrial and chemical facilities store and utilize dangerous chemicals and VOCs. Even facilities that only produce or use common household chemicals will likely have a negative environmental impact. And, those facilities in use prior to the 1970s will likely have large environmental issues from waste lagoons and disposal pits. These can be huge issues and have equally large mitigation bills.
Leach field properties
Leach fields, also known as drywells, were used for wastewater disposal, and they too are likely guarantees of environmental contamination. This is because they were specifically used for waste chemicals and materials. These too mean time-consuming and expensive mitigation issues for future landowners.
Perchloroethylene and VOCs are common chemicals used in dry cleaning, which gives them the same environmental issues as vehicle repair businesses. Indeed, Environmental Protection Agency estimates that about 75 percent of dry-cleaning facilities are contaminated. As San Diego, California, business owners can see, when buying real estate, contacting an attorney is definitely needed.