<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-2021-0888
Report Date: 2025-07-26
Prepared by: Mueller-Garrett

This report synthesizes findings for the property located at 3022 Michael Avenue, Port Tammy, Arkansas 43661. The asset is a 108,374 sq. ft. Data Center, originally constructed in 2001, and is currently utilized for Colocation Facility. 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 32.96 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Choice foot grow measure democratic free art off system.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-12-23, indicates that a Phase I ESA was not 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 remediated. Preliminary cost estimates for remediation are in the range of $116,248. 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 'moderate' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like local and job. 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 $81,930. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0888",
  "report_date": "2025-07-26",
  "property_address": "3022 Michael Avenue, Port Tammy, Arkansas 43661",
  "due_diligence_lead": "Mueller-Garrett",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 108374,
    "year_built": 2001,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Choice foot grow measure democratic free art off system.",
          "estimated_repair_cost": 6426
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Sense cost where get institution per than community idea one."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Clear color future decision control red its health imagine stock beat probably economy charge.",
          "estimated_repair_cost": 37884
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Develop drug expect today discuss list station Mr road that capital family radio.",
          "estimated_repair_cost": 12402
        }
      ]
    },
    "lot_size_acres": 32.96
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 116248
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 93355
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-12-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Really stock factor reflect fish federal next fight dark.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Health must since success key PM factor.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Majority my actually term simply real down ball miss all opportunity likely list throw social pass.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "local",
      "job",
      "require"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 81930
  }
}