Proximity to commercial and industrial neighbors can affect insurance and even loan eligibility, so check it before you're deep into escrow. Insurers are often wary of homes sitting right against commercial property, and certain loan programs draw hard lines. FHA has a specific one: a property is ineligible if its property line sits within 300 feet (100 yards) of a stationary storage tank, aboveground or underground, holding 1,000 gallons or more of flammable or explosive material. Service-station tanks count. The trigger is that specific tank rule, so a home near a gas station isn't automatically out, but a home next to the tanks very likely is. One buyer under contract on a home within about 100 yards of fuel storage tanks learned this during the appraisal: the property was ineligible for FHA financing. The first lender never caught it, and the file had to move to a conventional loan, at worse pricing, just to close. If you're looking at a home near a gas station, industrial site, or similar use: - Ask your lender up front whether your program has distance or environmental restrictions. - Get an insurance quote early instead of assuming standard coverage at a standard price. - Think about resale. Whatever narrows your financing and buyer pool today narrows the next buyer's when you sell. These homes are financeable, but the issue should surface early. Confirm current program rules with your lender.