Updated about 6 years ago on . Most recent reply
Buying Next Door To A Gas Station
Should I have any health concerns or resale concerns about buying next to a gas station?
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Bad idea, one of my best friends retired a few years ago and sold 6 properties he owned surrounding a gas station in Flint Michigan. Thinking he had a nice nest egg to be paid out over the next 20 years.
After the EPA went after his buyer the buyer defaulted and my friend is still being harassed about cleaning up the sites. He didn't own the gas station just the surrounding property but the owner of the gas station died so the government went after the only person with deep pockets.
The test you need is called a stage one and you need an environmental engineer to do the test. It is not cheap.