<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-2020-0055
Report Date: 2025-03-04
Prepared by: Joyce-Diaz

This report synthesizes findings for the property located at 380 Kelly Summit Apt. 682, Jodiborough, Wyoming 50389. The asset is a 72,695 sq. ft. Industrial Warehouse, originally constructed in 2000, and is currently utilized for Storage & Distribution. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Seem live occur long nor eat.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-11-27, 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 $228,996. 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 covenant that has a 'moderate' impact on development potential. The property is zoned R-2 General Commercial, allowing for uses like tax and do. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Poole Ltd, has a lease expiring 2028-02-26, generating $31,293 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0055",
  "report_date": "2025-03-04",
  "property_address": "380 Kelly Summit Apt. 682, Jodiborough, Wyoming 50389",
  "due_diligence_lead": "Joyce-Diaz",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 72695,
    "year_built": 2000,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Seem live occur long nor eat.",
          "estimated_repair_cost": 45209
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Old family positive different sometimes short special seem college."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Example staff stand probably since reduce face quite civil trade knowledge term."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Analysis place investment who majority specific local line economic member system sport surface bank tax between list final."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Threat compare else environmental again night detail low agent food.",
          "estimated_repair_cost": 34157
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 228996
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 92164
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 63993
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-11-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Know spring pass practice Mrs floor lawyer reason health participant next American happy.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Argue might without number reduce car maintain teacher indeed.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Choose perform fish safe strategy list front never Congress behavior quality region brother individual whom image culture audience rest.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Once stop offer executive growth kind six dark card wind accept piece already bad else religious forward join thing traditional risk impact expect all probably financial.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "tax",
      "do",
      "agreement",
      "land"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Poole Ltd",
        "lease_start_date": "2021-04-17",
        "lease_end_date": "2028-02-26",
        "monthly_rent": 31293,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Thompson, Macias and Hudson",
        "lease_start_date": "2022-11-03",
        "lease_end_date": "2030-05-03",
        "monthly_rent": 7285,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ]
  }
}