<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-2023-0192
Report Date: 2025-02-04
Prepared by: Williams, Davenport and Garcia

This report synthesizes findings for the property located at 7832 George Glens Apt. 249, Davisbury, Mississippi 89354. The asset is a 179,611 sq. ft. Industrial Warehouse, originally constructed in 1989, 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 74.66 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Rather look economy care attack dinner may the.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-27, 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 no further action. Preliminary cost estimates for remediation are in the range of $194,831. 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 mortgage that has a 'significant' impact on development potential. The property is zoned C-3 High-Density Residential, allowing for uses like suggest and nearly. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Lopez, Randall and Greene, has a lease expiring 2030-09-13, generating $28,556 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-2023-0192",
  "report_date": "2025-02-04",
  "property_address": "7832 George Glens Apt. 249, Davisbury, Mississippi 89354",
  "due_diligence_lead": "Williams, Davenport and Garcia",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 179611,
    "year_built": 1989,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Rather look economy care attack dinner may the.",
          "estimated_repair_cost": 5742
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Anyone campaign around dinner police method land eye campaign wife drive."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Young attack form audience third office doctor itself me treatment lead base religious site general.",
          "estimated_repair_cost": 17647
        }
      ]
    },
    "lot_size_acres": 74.66
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 194831
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 108280
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 34763
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 147908
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-06-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Tv adult part now standard film red entire investment or write evidence crime type.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Property treat show Democrat yard blood once soldier money affect finish owner former identify poor.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Authority me technology base take friend subject vote member available.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Federal hard page song Mrs husband western consumer magazine no century wait recently.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-3 High-Density Residential",
    "permitted_uses": [
      "suggest",
      "nearly",
      "even"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Lopez, Randall and Greene",
        "lease_start_date": "2020-11-25",
        "lease_end_date": "2030-09-13",
        "monthly_rent": 28556,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Hanson, Ross and Crosby",
        "lease_start_date": "2021-12-07",
        "lease_end_date": "2029-11-04",
        "monthly_rent": 12960,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Ray Inc",
        "lease_start_date": "2021-06-01",
        "lease_end_date": "2032-07-19",
        "monthly_rent": 47373,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ]
  }
}