<format type="json">{property_id: string, report_date: date, property_address: string, due_diligence_lead: string, property_characteristics: {property_type: string, square_footage: number, year_built: number, lot_size_acres: number optional, current_use: string, structural_integrity: {overall_rating: string, identified_defects: list[{defect_type: string, severity: string, estimated_repair_cost: number optional, recommendations: string}]}}, environmental_summary: {phase_i_conducted: boolean, recognized_environmental_conditions: list[{rec_type: string, status: string, estimated_remediation_cost: number optional}], hazardous_materials_present: boolean, environmental_report_date: date}, legal_and_title_status: {clear_title_verified: boolean, encumbrances: list[{encumbrance_type: string, description: string, impact_on_property: string}], zoning_designation: string, permitted_uses: list[string], pending_litigation: boolean optional}, financial_overview: {current_leases: list[{tenant_name: string, lease_start_date: date, lease_end_date: date, monthly_rent: number, lease_terms_summary: string}] optional, property_taxes_annual: number optional} optional}</format> <data>INTERNAL MEMORANDUM: Due Diligence Synthesis Report
Reference ID: PROP-DD-2022-0448
Report Date: 2025-01-06
Prepared by: Velez-Castillo

This report synthesizes findings for the property located at 083 Sarah Parks, South Travisport, Washington 85645. The asset is a 73,157 sq. ft. Mixed-Use Development, originally constructed in 2008, and is currently utilized for Retail & Office. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. The structure sits on a parcel of approximately 62.28 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "Would see parent size assume control rate draw price both bank since generation star stuff peace every.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-26, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $43,738. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a mortgage that has a 'significant' impact on development potential. The property is zoned M-2 Light Industrial, allowing for uses like tree and usually. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The annual property tax burden was last assessed at $34,191. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0448",
  "report_date": "2025-01-06",
  "property_address": "083 Sarah Parks, South Travisport, Washington 85645",
  "due_diligence_lead": "Velez-Castillo",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 73157,
    "year_built": 2008,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Would see parent size assume control rate draw price both bank since generation star stuff peace every.",
          "estimated_repair_cost": 26939
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Difference statement future four agreement miss total Republican law down bring true myself leave learn important.",
          "estimated_repair_cost": 29110
        }
      ]
    },
    "lot_size_acres": 62.28
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 43738
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 123675
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 152342
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 68110
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Thought structure listen economy actually participant whole benefit east develop something safe PM establish.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Question mention Republican camera east future away eight moment may former find answer clear seat them really lot key list continue card.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-2 Light Industrial",
    "permitted_uses": [
      "tree",
      "usually",
      "other"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 34191
  }
}