Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

67
Posts
7
Votes
Justin S.
  • Investor
  • Buffalo, NY
7
Votes |
67
Posts

Buying Next Door To A Gas Station

Justin S.
  • Investor
  • Buffalo, NY
Posted

Should I have any health concerns or resale concerns about buying next to a gas station?

Most Popular Reply

User Stats

285
Posts
166
Votes
Martin Scherer
  • Rental Property Investor
  • Liberty Hill, TX
166
Votes |
285
Posts
Martin Scherer
  • Rental Property Investor
  • Liberty Hill, TX
Replied

Bad idea, one of my best friends retired a few years ago and sold 6 properties he owned surrounding a gas station in Flint Michigan.  Thinking he had a nice nest egg to be paid out over the next 20 years.  

After the EPA went after his buyer the  buyer defaulted and my friend is still being harassed about cleaning up the sites.  He didn't own the gas station just the surrounding property but the owner of the gas station died so the government went after the only person with deep pockets.  

The test you need is called a stage one and you need an environmental engineer to do the test.  It is not cheap.

Loading replies...