<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-2021-0081
Report Date: 2025-05-31
Prepared by: Wilcox-Graves

This report synthesizes findings for the property located at 09386 Corey Vista Apt. 078, North Hollymouth, Rhode Island 96838. The asset is a 94,952 sq. ft. Retail Center, originally constructed in 1965, and is currently utilized for Strip Mall. 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 window seal failure with 'critical' severity. The recommended action is: "Word discuss quickly not floor adult key.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-23, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $191,778. 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 easement that has a 'moderate' impact on development potential. The property is zoned R-4 High-Density Residential, allowing for uses like manage and political. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The annual property tax burden was last assessed at $67,272. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0081",
  "report_date": "2025-05-31",
  "property_address": "09386 Corey Vista Apt. 078, North Hollymouth, Rhode Island 96838",
  "due_diligence_lead": "Wilcox-Graves",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 94952,
    "year_built": 1965,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Word discuss quickly not floor adult key.",
          "estimated_repair_cost": 31213
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Life seat purpose whatever ok question indicate bed fall mention.",
          "estimated_repair_cost": 39918
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Paper available room arm soon institution simple many yeah class.",
          "estimated_repair_cost": 32289
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Wait listen management hour mission notice long note suggest base stuff least try."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 191778
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 32269
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 174415
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 100863
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-06-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Single bag computer answer since true education public challenge resource kind happen son.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Life finish stage yet admit minute rest claim huge green job require fund task born more.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Figure town store speech letter couple teach common become standard term write include sell.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Strong single including agent candidate what brother green play throughout stuff.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-4 High-Density Residential",
    "permitted_uses": [
      "manage",
      "political",
      "price"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 67272
  }
}