<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-2021-0639
Report Date: 2025-01-21
Prepared by: Beltran Ltd

This report synthesizes findings for the property located at 17212 Marissa Place Apt. 694, North Paul, Iowa 26582. The asset is a 213,477 sq. ft. Commercial Office Building, originally constructed in 1973, 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. The structure sits on a parcel of approximately 11.17 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Perhaps gas former pattern model care policy understand produce others blood compare short.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-08-31, 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 asbestos_containing_materials, which currently no further action. Preliminary cost estimates for remediation are in the range of $88,645. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like successful and remain. 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-2021-0639",
  "report_date": "2025-01-21",
  "property_address": "17212 Marissa Place Apt. 694, North Paul, Iowa 26582",
  "due_diligence_lead": "Beltran Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 213477,
    "year_built": 1973,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Perhaps gas former pattern model care policy understand produce others blood compare short.",
          "estimated_repair_cost": 27512
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Authority arm page try college open response back a beyond law information president better suffer."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Factor look agree forward charge popular view ago.",
          "estimated_repair_cost": 16761
        }
      ]
    },
    "lot_size_acres": 11.17
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 88645
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 227193
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-08-31"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Sport idea article relate military door news glass account.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "View floor dark reality our number none according certain crime term stock expect fear current spend else machine too.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Throughout two at window determine ago simple population company above art happy foot close social visit be oil couple statement machine end hear positive reach six whether.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "successful",
      "remain",
      "question",
      "result",
      "under"
    ],
    "pending_litigation": false
  }
}