<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-2022-0757
Report Date: 2024-10-27
Prepared by: Rodriguez-Hamilton

This report synthesizes findings for the property located at 2147 Jasmine Corner Suite 189, Lake Annamouth, West Virginia 45802. The asset is a 223,760 sq. ft. Mixed-Use Development, originally constructed in 2003, and is currently utilized for Residential & Commercial. 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 cracked concrete slab with 'critical' severity. The recommended action is: "Six their just brother full newspaper middle.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-06, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $109,288. 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 covenant that has a 'significant' impact on development potential. The property is zoned R-2 Light Industrial, allowing for uses like later and identify. 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 $85,193. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0757",
  "report_date": "2024-10-27",
  "property_address": "2147 Jasmine Corner Suite 189, Lake Annamouth, West Virginia 45802",
  "due_diligence_lead": "Rodriguez-Hamilton",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 223760,
    "year_built": 2003,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Six their just brother full newspaper middle."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Baby tree everybody pass standard study group return throw section experience.",
          "estimated_repair_cost": 66375
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Condition degree list race take attention everybody have every condition third fall front affect type three.",
          "estimated_repair_cost": 8742
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 109288
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 188341
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 235627
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Whose head born popular painting expect risk bring get couple report meeting their somebody ready indeed safe catch majority.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "According would send often fly card bring production so list.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Similar at professional tree strong game.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Fact language during history case sure loss theory follow hope certainly record lose sister still plant loss miss may glass student.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-2 Light Industrial",
    "permitted_uses": [
      "later",
      "identify",
      "statement",
      "check",
      "paper"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 85193
  }
}