Phase 1 Environmental Assessments
We have completed over 6,000 Phase 1 Environmental reports and Environmental Assessments thoughout the U.S. Our busiest markets are Los Angeles, Dallas, Houston, Denver, Nashville, Columbus, Atlanta, Seattle and Orlando. However, we have extensive experience in many other markets. Get free price quote.
Phase 1 Environmental reports are prepared for real estate and business transactions such as: land purchases, building purchases, leases, business purchases, new residential developments and bank loans. Our Phase 1 ESA reports are in general compliance with American Society for Testing and Materials (ASTM) Standard E-1527-13. This ASTM standard adheres to the Environmental Protection Agency All Appropriate Inquiries Rule, codified into the federal regulations by the EPA (40 CFR Part 312). This type of Phase 1 Environmental report is the one required by lenders and is highly recommended prior to purchasing commercial or industrial real estate, or prior to starting new residential developments.
Proven Nationwide Service
The main purpose of a Phase 1 Environmental report is to make sure you know the true value of the property and to assure there is no soil or groundwater contamination from previous use or neighboring sites that may be impacting the property's value or limiting its use due to regulatory-mandated cleanup, or in worse cases causing civil liability. This civil liability can be caused by human health exposure and offsite migration and devaluation of neighboring properties. This is something you don't want to learn about after you buy the property. The Phase 1 ESA is a common tool used for identifying potential significant environmental liabilities in the subsurface due to historical uses at or nearby to the subject property.
click below to see what is required in a Phase 1 Environmental report:Phase 1 Environmental Requirements
Practical Environmental Assessments for today's economy and a balanced ecology
With our team being located within every major city in the United States, we are able to complete Phase 1 Environmental reports economically with competitive prices and fast! We have learned how over the years to reduce costs for our clients. Over 5,000 projects completed and we have never had a report rejected by a lender and we have never been sued for errors or omissions. We do carry $2 million Professional Liability/Errors & Omissons insurance, as well as, $1 million in auto insurance, so you are protected when you hire AAI to conduct your report and visit your property.
Phase 1 Environmental Assessments
Looking for a more in-depth discussion of Phase I Environmental? Our Phase One Environmental resources and requirements page will give you everything you wanted to know about the Phase I Environmental Site Assessment. You will find answers to all of your questions for Phase I Environmental reports here......Phase I Environmental Details and Resources.
A common question we get is: Who pays for the Phase 1 Environmental Assessment?
How much does Phase 1 Environmental cost?
Phase 1 Environmental reports typically cost from $1,500 to $5,000, and can cost more depending on the site. Most Phase 1 ESA due diligence costs for commercial properties fall into the range of $1,500 to $2,500.
What factors affect the price of Phase 1 Environmental Assessments?
Subject property location, current and previous use, as well as, size of the property are the main factors that affect the price of a Phase I Environmental Assessment. Location affects the travel costs due to mileage and drive time. Undeveloped properties require less time to inspect and to determine the history of the property. A property that has been developed will require more work hours to determine the previous uses. The size of the property determines the time needed to do the site visit and affects the cost of the ESA. AAI has completed so many projects that we understand the actual costs that are required to complete environmental assessments properly. You can easily request a price quote by using our form or you can call us. We can typically send you a price quote within 15 minutes.
We strive to provide the most competitive prices in the industry due to our vast experience and team of professionals that do ESA work daily. We have streamlined our process to reduce costs while maintaining standards needed to identify any significant environmental issues and to be accepted by lenders. Due to this experience and the well-oiled machine of our process, we can typically beat any legitimate price for a Phase 1 ESA report.
Phase 1 Environmental Projects
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