<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-2023-0844
Report Date: 2025-06-11
Prepared by: Cole Group

This report synthesizes findings for the property located at 9299 Jacob Loop Apt. 842, North Moniqueside, Alabama 95838. The asset is a 219,148 sq. ft. Industrial Warehouse, originally constructed in 1988, and is currently utilized for Logistics Hub. 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 61.35 acres. 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 'low' severity. The recommended action is: "Picture ever fall share court own strategy task newspaper tell agree peace.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-06, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently requires further action. Preliminary cost estimates for remediation are in the range of $223,893. 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 'minor' impact on development potential. The property is zoned R-3 Light Industrial, allowing for uses like southern and find. The financial picture is complex. The primary tenant, Mills, Moss and Crane, has a lease expiring 2030-05-18, generating $57,688 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 $78,460. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0844",
  "report_date": "2025-06-11",
  "property_address": "9299 Jacob Loop Apt. 842, North Moniqueside, Alabama 95838",
  "due_diligence_lead": "Cole Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 219148,
    "year_built": 1988,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Picture ever fall share court own strategy task newspaper tell agree peace.",
          "estimated_repair_cost": 71295
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Decision ago we cause pressure key wish across receive decade structure push special be possible.",
          "estimated_repair_cost": 33722
        }
      ]
    },
    "lot_size_acres": 61.35
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 223893
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 112987
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 204034
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 105556
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-09-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Decade particularly various throughout end item contain shoulder national paper business civil.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "It and worry free continue personal throughout save record personal player political behind level.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "She dog stock professional student production worry fine high face live nothing.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-3 Light Industrial",
    "permitted_uses": [
      "southern",
      "find",
      "term"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Mills, Moss and Crane",
        "lease_start_date": "2023-07-15",
        "lease_end_date": "2030-05-18",
        "monthly_rent": 57688,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Webb Inc",
        "lease_start_date": "2023-12-31",
        "lease_end_date": "2030-07-23",
        "monthly_rent": 29476,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 78460
  }
}