The professionals with ESE Partners have years of experience performing Forney phase 1 environmental site assessments. We know how critical a tool this type of assessment is for identifying potential environmental liabilities associated with a property. There are several common red flags we sometimes encounter during a phase 1 environmental site assessments in Forney TX that indicate potential environmental liabilities. Here’s a brief look at a few of the more common ones.
Previous Land Use
The previous use of a property can be a significant red flag during a Forney phase 1 environmental site assessments. Properties that have previously been used for industrial or commercial purposes, such as gas stations, dry cleaners or factories, may have a higher risk of environmental contamination.
Current Land Use
The current use of a property can also be a red flag. For example, if a property is currently being used for automotive repair or chemical storage, it may have a higher risk of contamination.
Adjacent Properties
The presence of contaminated adjacent properties can be a red flag during phase 1 environmental site assessments in Forney TX. Contamination can migrate from one property to another, and properties adjacent to contaminated sites may be at risk of contamination as well.
Underground Storage Tanks
Underground storage tanks (USTs) is another potentially serious issue. USTs can leak and contaminate soil and groundwater, leading to costly cleanup and potential legal liabilities.
Hazardous Materials
Chemicals, pesticides or asbestos can be another red flag during phase 1 environmental site assessments in Forney TX. These materials can pose significant health and environmental risks if not managed and disposed of properly.
Regulatory History
Properties that have been subject to regulatory enforcement actions or violations may have a higher risk of environmental liabilities.
Inadequate Environmental Records
Without comprehensive data, it may be difficult to accurately assess the potential environmental hazards or liabilities associated with a property.
By identifying these red flags during Forney phase 1 environmental site assessments, buyers and lenders can make informed decisions about potential risks and develop appropriate risk management strategies. Let the experts with ESE Partners tell you more. Use our online contact from or call 469-983-8600 to get in touch.
