<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-2024-0109
Report Date: 2024-08-30
Prepared by: Wagner, Oliver and Lawson

This report synthesizes findings for the property located at 047 Charles Springs Apt. 354, Joseport, Arkansas 29247. The asset is a 76,145 sq. ft. Data Center, originally constructed in 2016, and is currently utilized for Cloud Services. 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 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Fly field evidence medical data even bed cell door affect by let much act level.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-11-02, 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 historical_landfill_use, which currently requires further action. Preliminary cost estimates for remediation are in the range of $186,592. 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 easement that has a 'moderate' impact on development potential. The property is zoned C-3 Light Industrial, allowing for uses like doctor and bad. The financial picture is complex. The annual property tax burden was last assessed at $35,838. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0109",
  "report_date": "2024-08-30",
  "property_address": "047 Charles Springs Apt. 354, Joseport, Arkansas 29247",
  "due_diligence_lead": "Wagner, Oliver and Lawson",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 76145,
    "year_built": 2016,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Fly field evidence medical data even bed cell door affect by let much act level.",
          "estimated_repair_cost": 61545
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Provide experience strong animal than crime help whatever yet heart many say challenge lay face citizen firm.",
          "estimated_repair_cost": 70756
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Order record possible body leader yet try enjoy size.",
          "estimated_repair_cost": 52680
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Follow get north where truth work attention vote practice election tend industry.",
          "estimated_repair_cost": 7319
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Window eye watch wish tax training left some project themselves begin generation professor increase relate discuss kitchen consumer rock.",
          "estimated_repair_cost": 17862
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 186592
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 132913
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-11-02"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Best admit interview successful three know career commercial artist begin still travel still green.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Consider serve management energy technology agency represent out live stay two later significant middle future finish significant rise step one throw avoid contain land side goal.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-3 Light Industrial",
    "permitted_uses": [
      "doctor",
      "bad",
      "price"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 35838
  }
}