environmental impact
Your bank just wants to make sure that your collateral is worth the value of their loan. They don't want an environmental impact study. What they want is is Phase 1 environmental report, which is just a review of documents that show who owned the property in the past and what those former owners used it for (plating? dumping chemicals? Making asbestos?). If this turns up no issues, you're good to go. If not, you will need a Phase II (testing soil or ground water, which can get expensive). A Phase 1 might cost $2,000 to $4,000. Just search for: "environmental" and "phase 1" for a local provider of property environmental reports.
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