Mini Storage and Flood Zones

[Johnathan Osborne]

I have a question about flood zones. I am interested in starting a mini storage business and have found a property great for this business. Recently our community has gone through some changes and a new four lane highway has been built in my area. The property is located on this highway and is 1.8 acres for 26K. My concern is that the property is only 120 feet wide and a 3 feet wide stream borders the edge of the property. The flood zones for this property is as follows: Zoned AE which are areas of inundation by the 1% annual flood chance with 2% chance of wave run up with elevations less than 3 feet above the ground. AE zones will generally extend inland to the limit of the 1% annual-chance Stillwater flood levels (SWEL). I'm not really sure what this means and my realtor is verifying that this property is not considered a flood area. I have lived in the area for 7 years and have never seen this area under water.

Thanks for any advice,
Johnathan