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What can you do with industrial zoned property?

Posted on 4/2/19 at 8:39 pm
Posted by EvrybodysAllAmerican
Member since Apr 2013
11139 posts
Posted on 4/2/19 at 8:39 pm
I’m looking at some property and part of it has been zoned for industrial use only by DEQ. Does anybody know what you can/can’t do on industrial property?

Thanks for any input.
Posted by KamaCausey_LSU
Member since Apr 2013
14475 posts
Posted on 4/2/19 at 11:18 pm to
Where is it at? It depends on the site. If you're curious you could look up if DEQ has any public information on the site. Here's the link.

Public Document Management System
This post was edited on 4/2/19 at 11:45 pm
Posted by EvrybodysAllAmerican
Member since Apr 2013
11139 posts
Posted on 4/3/19 at 11:01 am to
Thanks, I have already pulled all the DEQ info for the site and that's what its telling me- That it meets the criteria for industrial, but not commercial or residential. (there were gas tanks in the ground years ago) DEQ is telling me you cant remove soil or build a striucture directly on top of it. So im just wondering what industrial property can be used for, if anything.


thanks for any input
Posted by footballdude
BR
Member since Sep 2010
1074 posts
Posted on 4/3/19 at 11:13 am to
(no message)
This post was edited on 1/11/21 at 1:34 pm
Posted by EvrybodysAllAmerican
Member since Apr 2013
11139 posts
Posted on 4/3/19 at 1:10 pm to
Yes but the affected area is a corner acre of a 15 acre tract.
Posted by footballdude
BR
Member since Sep 2010
1074 posts
Posted on 4/4/19 at 8:05 am to
(no message)
This post was edited on 1/11/21 at 1:34 pm
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 4/4/19 at 11:57 am to
Yep, have them separate it into a different Llc and don’t buy it. You can put a gravel lot on it and lease it for cheap as storage/parking for the rest of the property.
Posted by baldona
Florida
Member since Feb 2016
20386 posts
Posted on 4/4/19 at 1:21 pm to
quote:

Have them subdivide the property to cut out that 1 acre, and buy the rest.

Let some other sucker take that hit.


Or OP can do this himself. There's a moderate chance that the owner of said property has not considered this or been too lazy to do it themselves.

Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
63853 posts
Posted on 4/4/19 at 3:43 pm to
I tried to broker a financing deal for a mixed use property (in SC). It was a refinance. It was an old gas station, mini mart, and some residential rental units on property. The gas station was in use when when he first bought it, no financing issues, but had since closed and the tanks filled in. After that, nobody would touch it on the finance side due to abandoned tanks. They can be full of explosive gasoline, no problem. Empty or filled in, nobody will touch.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 4/4/19 at 4:59 pm to
Yep, I believe from past env studies and projects I have been involved in that the cleanup responsibility lies with the generator unless the property changes ownership. The catch is in the cleanup - if you find contaminated soil you are supposed to dig until you find clean - you could end up with a damn Grand Canyon hole that’s nowvworthless.

No one wants to take the risk of the cleanup costs.
Posted by baldona
Florida
Member since Feb 2016
20386 posts
Posted on 4/5/19 at 7:27 am to
Ah yeah I didn't think about financing, if OP can't get financing then asking the seller to split the property up is a good idea.
Posted by Decisions
Member since Mar 2015
1471 posts
Posted on 4/5/19 at 10:18 am to
quote:

The catch is in the cleanup - if you find contaminated soil you are supposed to dig until you find clean - you could end up with a damn Grand Canyon hole that’s nowvworthless.


This is some crap, right here. I’ve heard of multiple extreme cleanup cases. I mean, I would understand under some circumstances (crazy toxic waste) taking this stance, but for your typical diesel spills and whatnot why not set a max-dig-depth of say....2-3 feet? I can’t imagine most future uses being adversely affected after removing and capping with clean dirt that much.
Posted by EvrybodysAllAmerican
Member since Apr 2013
11139 posts
Posted on 4/5/19 at 11:53 am to
This spot has had some cleanup done to get to industrial qualifications. Tanks have been removed already. But the plan is to subdivide and buy that portion (cash) in a separate llc in case anything comes up. But I hate to not buy it and then somebody else can come put something there like a septic pond or something industrial next to my property .


Thanks for all the input. Good info
This post was edited on 4/5/19 at 11:55 am
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