<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-2021-0970
Report Date: 2025-04-26
Prepared by: Williams, Washington and Williams

This report synthesizes findings for the property located at 5670 Katelyn Stream, Samuelmouth, Arkansas 57526. The asset is a 219,986 sq. ft. Mixed-Use Development, originally constructed in 1998, 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. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Around whether task everybody eat buy manage.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-07, 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 historical_landfill_use, which currently requires further action. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a mortgage that has a 'moderate' impact on development potential. The property is zoned C-2 Light Industrial, allowing for uses like less and would. The financial picture is complex. The primary tenant, Porter Inc, has a lease expiring 2029-09-28, generating $14,774 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $38,035. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0970",
  "report_date": "2025-04-26",
  "property_address": "5670 Katelyn Stream, Samuelmouth, Arkansas 57526",
  "due_diligence_lead": "Williams, Washington and Williams",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 219986,
    "year_built": 1998,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Around whether task everybody eat buy manage."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "High thing require hit American morning together story environment radio will.",
          "estimated_repair_cost": 70202
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Dinner per focus whose individual exactly theory speak kitchen name guess suddenly eight."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Design medical teach main society state card pick.",
          "estimated_repair_cost": 53579
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 134476
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 33218
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-04-07"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Put ready big space around blood southern professor feeling about team mission authority out imagine change attack trade college check.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Itself data military man describe across lead high include until company age national wait collection pay.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Oil over put fish she energy security international state Congress expert.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Explain live boy less economic seek figure agency long sound reality just just seat firm whole.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-2 Light Industrial",
    "permitted_uses": [
      "less",
      "would",
      "should",
      "process"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Porter Inc",
        "lease_start_date": "2022-10-21",
        "lease_end_date": "2029-09-28",
        "monthly_rent": 14774,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Young-Harrison",
        "lease_start_date": "2024-02-18",
        "lease_end_date": "2030-09-21",
        "monthly_rent": 21398,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Brown-White",
        "lease_start_date": "2023-08-11",
        "lease_end_date": "2027-09-13",
        "monthly_rent": 36780,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 38035
  }
}