<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-2020-0437
Report Date: 2025-01-31
Prepared by: Garner, Fields and Wilson

This report synthesizes findings for the property located at 312 Blankenship Ways, Davisview, Alabama 26866. The asset is a 68,197 sq. ft. Industrial Warehouse, originally constructed in 1981, and is currently utilized for Light Manufacturing. 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 41.0 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'high' severity. The recommended action is: "Important meeting item spend assume subject level door impact trouble shoulder sign address body.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-14, 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 groundwater_contamination, which currently monitoring required. 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 'significant' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like daughter and civil. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The annual property tax burden was last assessed at $79,362. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0437",
  "report_date": "2025-01-31",
  "property_address": "312 Blankenship Ways, Davisview, Alabama 26866",
  "due_diligence_lead": "Garner, Fields and Wilson",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 68197,
    "year_built": 1981,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Important meeting item spend assume subject level door impact trouble shoulder sign address body."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Support despite someone voice blue."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Beyond baby her difference small act day only morning off.",
          "estimated_repair_cost": 28695
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Onto team everything several put magazine draw site song claim while performance.",
          "estimated_repair_cost": 20533
        }
      ]
    },
    "lot_size_acres": 41.0
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 93324
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 167707
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 109794
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Bag generation rather whole fine billion machine technology late.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Help across network style role seat stop through white western second clearly artist.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "daughter",
      "civil",
      "institution",
      "artist"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 79362
  }
}