Is Commercial Zoning More Likely To Have Environmental Problems ?
Hi All,
As I am browsing the Assessor's web site in Oklahoma county, I noticed that some apartment buildings are land-for-sale/land/zoned-residential">zoned Residential while others are land-for-sale/land/zoned-commercial">zoned Commercial.
Are the ones land-for-sale/land/zoned-commercial">zoned commercial more likely (when compared to Residential) to have environmental problems ? Are they more likely to have been in the past the site of a gas station, a chromium plating company or some other serious contamination ? Or are those kinds of activities reserved to properties zoned Industrial ? Is a property land-for-sale/land/zoned-commercial">zoned commercial more likely (when compared to Residential) to have been zoned Industrial in the past.
I know everything is possible, but my questions are about likelihoods and probabilities. I am trying to decide whether to include Commercially zoned properties in the liens I will consider buying at the upcoming tax lien sale.
[addsig]
Yes probably so. But usually commercial zoning means stores, not factories so the odds of environmental problems are only slightly higher. Apartment buildings land-for-sale/land/zoned-commercial">zoned commercial frequently have stores on the first floor.