Restoration of property with UST resulting in the appreciation in value..
We were approached by a real estate agent inquiring if we could restore a commercial property that was once a gas station. There were reportedly three underground storage tanks as determined from the presence of metal structures. We were told that an environment company had projected some hundreds of thousands of dollars in restoring such a property. We felt it would be less than $ 20,000.00 if we used our bioremediation products. The total cost was just about $ 4,000.00 for the tank removing company and $ 2,000.00 for cost of VaporRemed and AgroRemed. The purchase price was $ 90,000.00 before restoration and the recent appraisal report, it is now valued at $ 130,000.00.
The report is given below.
Principal Consultant at Brownfield Engineering, Lda
9 年The report is missing Satya. Can you upload it? Thanks.