Goodyear is a medium-sized community in the metro Phoenix area. The Gila River meanders through Goodyear; the local waterways help make for valuable real estate in the region. Due to this, plots of land are constantly under consideration as potential commercial real estate locations. Phase 1 ESA’s are not only required by law but critical for the success of any potential commercial real estate purchase.
Due to the location of water, working with the right environmental consulting firm becomes that much more important. Any possible contamination has the possibility of spreading well beyond just the desired plot of land. In order to identify environmental hazards, it is of critical importance to invest in an experienced environmental consulting firm serving Goodyear, AZ .
Before any kind of commercial real estate transaction can be completed lenders usually require a Phase 1 Environmental Site Assessment to be completed. Acquiring an ESA for real estate is not only for the sake of the community but for the protection of both the buyer and the seller. If there is an environmental hazard present it needs to be known. This will help prevent delays during construction, lawsuits, and the purchase of property that may not fit the needs of a commercial real estate investor.
Gutierrez-Palmenberg, Inc. (GPI) offers ESA inspections in Goodyear, AZ. As an environmental consulting and engineering firm located in Phoenix, the company services all metro Phoenix, which covers over 300 square miles of central Arizona. When hiring an ESA consulting firm for commercial real estate in Goodyear, AZ it is beneficial to bring on a local contractor. This is because a local contractor has a better understanding not only of the terrain, but of the local waterways, and how each waterway reacts throughout the year (including monsoon season, where some rivers will swell from nothing more than a dusty patch to a large, flowing river).
For investors new to the area (or to commercial investing in general), it is important to understand what takes place to complete Phase 1 ESA reports in Goodyear, AZ (and anywhere else a Phase 1 is required). First on the Phase 1 ESA checklist, is a site visit performed to observe both current conditions and compare to previous conditions of the property and neighboring properties.
From here, a review of all local, tribal, state, and federal regulatory databases is performed to identify any above or underground storage tanks, cases related to hazardous substances in the area, the release of dangerous wastes, and anything else related to the environment of the location.
Interviews with the current and past property owners and occupants are performed. To ensure investors and sellers have a complete understanding of the history of the property and any possible environmental issues connected with it, the report is released when it is completed.
When in need of a Goodyear, AZ environmental engineering firm, or an engineering firm in another area around metro Phoenix, GPI provides complete Phase 1 ESA reports, so both buyers and sellers are fully informed in Goodyear Arizona real estate purchases. If you’d like to schedule a consultation, book a service, or learn more about services offered, contact GPI at your earliest convenience.