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Updated almost 11 years ago on . Most recent reply

Martin Z.'s profile image
Martin Z.'s profile image
Martin Z.
  • from Glendale, California
  • Member since Sep 5, 2013
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303
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Martin Z.'s profile image
Martin Z.'s profile image
Martin Z.
  • from Glendale, California
  • Member since Sep 5, 2013
Connect
Martin Z.
  • Glendale, CA
67
Votes |
303
Posts
Commercial Real Estate Investing

former Gas station land

Martin Z.
  • Glendale, CA
Posted

Looking to buy a parcel of land, used to be a gas station. 10 years ago they shut down, did a phase 2 and found contamination from the storage tanks. The gas station company remedied the situation and got a no further action notice from the county. What are the risks if I buy now to develop? Whats the worst damage or worst case scenario once i take possession of the land.

thank you in advance.

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