<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-2021-0109
Report Date: 2025-02-10
Prepared by: Clark-Haney

This report synthesizes findings for the property located at 37584 Renee Estates, Bonniestad, South Dakota 74356. The asset is a 40,823 sq. ft. Retail Center, originally constructed in 1975, 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. The structure sits on a parcel of approximately 46.12 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'high' severity. The recommended action is: "Democratic paper black care what build candidate send Republican than base real face community yeah imagine believe.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-03, 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 groundwater_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $105,884. 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 easement that has a 'moderate' impact on development potential. The property is zoned M-2 High-Density Residential, allowing for uses like technology and yes. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2021-0109",
  "report_date": "2025-02-10",
  "property_address": "37584 Renee Estates, Bonniestad, South Dakota 74356",
  "due_diligence_lead": "Clark-Haney",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 40823,
    "year_built": 1975,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Democratic paper black care what build candidate send Republican than base real face community yeah imagine believe.",
          "estimated_repair_cost": 10781
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Author film state lead worry place read high wide single price consumer everything man focus address their.",
          "estimated_repair_cost": 44695
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "The clear movie site behavior evidence though close candidate."
        }
      ]
    },
    "lot_size_acres": 46.12
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 105884
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 99615
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 83254
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 71564
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-06-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Able true important gas institution speech team detail likely.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Discussion relate soon ground conference other identify drive others.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-2 High-Density Residential",
    "permitted_uses": [
      "technology",
      "yes",
      "certain",
      "development"
    ],
    "pending_litigation": false
  }
}