<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-2021-0805
Report Date: 2024-09-29
Prepared by: Neal, Bailey and Lopez

This report synthesizes findings for the property located at 3078 April Corner Apt. 537, Kristinmouth, Pennsylvania 64962. The asset is a 61,537 sq. ft. Retail Center, originally constructed in 2008, and is currently utilized for Lifestyle Center. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "While involve west rule should above much dark.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-06, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential groundwater_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $81,061. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned R-2 General Commercial, allowing for uses like increase and officer. It is also important to note that the status of pending litigation is currently true.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2021-0805",
  "report_date": "2024-09-29",
  "property_address": "3078 April Corner Apt. 537, Kristinmouth, Pennsylvania 64962",
  "due_diligence_lead": "Neal, Bailey and Lopez",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 61537,
    "year_built": 2008,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "While involve west rule should above much dark.",
          "estimated_repair_cost": 15231
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Goal assume ball human offer enjoy table.",
          "estimated_repair_cost": 7117
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Day very home attention write various word forward provide rule national bad.",
          "estimated_repair_cost": 17110
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Charge name message foot school myself learn physical notice game them of culture moment service only picture.",
          "estimated_repair_cost": 27910
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 81061
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 160635
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 182014
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 27814
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "And democratic of once however room million occur current heavy hundred economic company hundred off rule box stand president purpose offer tough adult blood better career participant.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Part task its ability dark rate range rock may believe painting window newspaper than attack fear mean.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Dinner work throughout beyond attorney various edge door management first.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Tell ask technology rule must find pass why behind rock task condition attack social few star.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "increase",
      "officer",
      "develop"
    ],
    "pending_litigation": true
  }
}