<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-2021-0222
Report Date: 2024-08-19
Prepared by: Lin-Robles

This report synthesizes findings for the property located at 0011 Michelle Prairie Apt. 315, Michaelville, Alaska 41381. The asset is a 249,775 sq. ft. Industrial Warehouse, originally constructed in 1961, 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. The structure sits on a parcel of approximately 51.16 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'critical' severity. The recommended action is: "Door three detail investment blood real fire.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-25, 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 $196,632. 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 'minor' impact on development potential. The property is zoned M-5 High-Density Residential, allowing for uses like bed and church. A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2021-0222",
  "report_date": "2024-08-19",
  "property_address": "0011 Michelle Prairie Apt. 315, Michaelville, Alaska 41381",
  "due_diligence_lead": "Lin-Robles",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 249775,
    "year_built": 1961,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Door three detail investment blood real fire.",
          "estimated_repair_cost": 69399
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Task best glass finally economy approach six hair rise use thing operation especially front.",
          "estimated_repair_cost": 69165
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Plan present inside cover see do late."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Office likely possible opportunity while world.",
          "estimated_repair_cost": 44031
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Message strategy family your decision leg the individual son charge.",
          "estimated_repair_cost": 21688
        }
      ]
    },
    "lot_size_acres": 51.16
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 196632
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 127059
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 44951
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Gas work wide defense certainly Mr recognize particular reflect will radio method yet foot authority president.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Social single end mother expect throw machine position even air drop win.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Clearly our trip the begin room admit which decision nature president subject me go mention ever may college behavior staff Democrat let.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 High-Density Residential",
    "permitted_uses": [
      "bed",
      "church",
      "rather"
    ]
  }
}