Project Summary
22-mile Toll Road
Location
Webb County, TX
Service
Phase I Due Diligence
Outcome
Transaction Completed
The subject property consisted of approximately 1,000 acres of land extending along a 22-mile course, including toll booths and a two-lane asphalt-paved road. The subject property is located in an area characterized by undeveloped land predominantly used for cattle grazing and deer hunting. Rural single-family residential properties were distributed sparsely along the adjoining properties among unimproved rangeland.
The services included review of third party reports associated with fossil fuel pipelines, geotechnical engineering, and an evaluation of potential impacts under the National Environmental Policy Act.
Not unexpectedly, no recognized environmental conditions or business environmental risks were identified.
