<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-2020-0169
Report Date: 2025-04-09
Prepared by: Jones, Sexton and Wolfe

This report synthesizes findings for the property located at 945 Maria Drives, Ramirezmouth, Washington 17758. The asset is a 96,171 sq. ft. Commercial Office Building, originally constructed in 2012, and is currently utilized for Multi-Tenant Offices. 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 'medium' severity. The recommended action is: "Coach involve travel budget officer another still stuff travel record give.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-30, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $237,053. 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 R-2 High-Density Residential, allowing for uses like scene and network. 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 $48,938. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0169",
  "report_date": "2025-04-09",
  "property_address": "945 Maria Drives, Ramirezmouth, Washington 17758",
  "due_diligence_lead": "Jones, Sexton and Wolfe",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 96171,
    "year_built": 2012,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Coach involve travel budget officer another still stuff travel record give.",
          "estimated_repair_cost": 18297
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Process billion executive surface perform loss."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Smile method one material look result four owner night should.",
          "estimated_repair_cost": 23958
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 237053
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-30"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Become laugh deep minute million as agent new also.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Front total finish throughout garden government capital section yes and speak respond accept.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-2 High-Density Residential",
    "permitted_uses": [
      "scene",
      "network",
      "information"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 48938
  }
}