Want To Buy A Commercial Lot An Old Building Or Business May Have Contaminated? What To Do

If you are looking at buying a piece of property where the building was blown up or brought to the ground, and you worry about contamination and other concerns, there are some things that you want to do. You want to build a commercial building on land that you know is safe, away from pollutants, and that will be a good financial investment. Here are some of the things that you want to talk about with the right professionals before purchasing the property:

Contaminated Site Remediation

If you think that the property has been contaminated, talk with a company to see if they can remediate the site by the Environmental Protection Agencies Standards. People may be avoiding purchasing a property that is in a good location, because of the condition of the site, but then investing in the remediation could make the site more valuable than what you paid for it. Have the professionals test the soil and the bedrock, and then determine what is best for remediation and to see if it's worth the cost.

Preparation Expenses

After the site has been remediated and repaired, find out what it will cost to prep it to build on. If there had to be a lot of areas dug and soil moved around, fill and clean dirt may have to be brought in, and it may take a lot of dirt to grade the land properly. Know your expense before you agree to purchase the land, so you know how much you have to put into the ground prep before you can start talking about building expenses.

Utility Options

The contamination may affect your utility options, along with the location of the building. If you worry about being able to hook up to city lines and other utilities, be sure to get the local utility professionals out to the property to do an inspection and to give you a cost for the work that needs to be done.

There is a lot that goes into purchasing a property and prepping it to put a commercial building on the land, especially when the ground or the area has been contaminated. Talk with the right professionals to see if you can make the land safe to be around and to build on and if you can make it a great place to put your future business. This could end up being a great investment if everything is done correctly.

Contact a company like PACIFIC COMMERCIAL SERVICES LLC for more information and assistance.