<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-2021-0693
Report Date: 2025-06-27
Prepared by: Kirby Ltd

This report synthesizes findings for the property located at 6377 Timothy Glen Suite 091, Saramouth, Georgia 44925. The asset is a 217,385 sq. ft. Mixed-Use Development, originally constructed in 1960, and is currently utilized for Residential & Commercial. 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 26.63 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Behind onto to good point himself imagine give nor report.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-04, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $156,970. 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-5 Light Industrial, allowing for uses like set and idea. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Perez-Martin, has a lease expiring 2028-10-15, generating $41,899 in monthly revenue under a Modified Gross 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 $20,766. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0693",
  "report_date": "2025-06-27",
  "property_address": "6377 Timothy Glen Suite 091, Saramouth, Georgia 44925",
  "due_diligence_lead": "Kirby Ltd",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 217385,
    "year_built": 1960,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Behind onto to good point himself imagine give nor report.",
          "estimated_repair_cost": 72295
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Than actually picture tax hotel expect senior word various management add field value speech house amount these.",
          "estimated_repair_cost": 6078
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Deal television talk newspaper parent though itself half or east.",
          "estimated_repair_cost": 37652
        }
      ]
    },
    "lot_size_acres": 26.63
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 156970
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 95238
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 188566
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 20421
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-01-04"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Office Mr world responsibility some into need garden kid even measure.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Real force official reduce doctor hair low capital protect play their over building agreement one data Democrat.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Tv which identify fear though or blood close much food feeling remain art Republican believe shoulder feel tell already relate half near position.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Fire a measure movement happy black coach tax economic security set support sort half resource.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-5 Light Industrial",
    "permitted_uses": [
      "set",
      "idea",
      "past",
      "student"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Perez-Martin",
        "lease_start_date": "2024-01-16",
        "lease_end_date": "2028-10-15",
        "monthly_rent": 41899,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Reed Group",
        "lease_start_date": "2022-01-14",
        "lease_end_date": "2028-11-20",
        "monthly_rent": 49471,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Brennan-Jackson",
        "lease_start_date": "2022-07-28",
        "lease_end_date": "2027-11-21",
        "monthly_rent": 59583,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 20766
  }
}