What Sort of Information Does an Environmental Site Assessment Provide?
When purchasing or developing a property, understanding its environmental condition is crucial. An Environmental Site Assessment (ESA) is a key tool used to evaluate potential environmental risks and liabilities associated with a piece of land. Whether you're a real estate investor, developer, or business owner, an ESA helps you make informed decisions by identifying contamination risks, regulatory compliance issues, and potential cleanup costs. In this blog, we’ll explore the types of information an ESA provides and why it’s essential for property transactions. 1. Historical Land Use and Past Contamination One of the primary goals of an ESA is to investigate the property’s history to determine if past activities could have caused contamination. This involves: Reviewing historical records, aerial photographs, and city directories. Identifying previous industrial, commercial, or agricultural uses (e.g., gas stations, factories, dry cleaners). Checking ...