<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-2023-0933
Report Date: 2024-12-13
Prepared by: Paul, Morris and Johnson

This report synthesizes findings for the property located at 93242 Brian Fork, West Dominic, Montana 91342. The asset is a 54,477 sq. ft. Industrial Warehouse, originally constructed in 1971, and is currently utilized for Light Manufacturing. 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 64.59 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Leg board positive surface avoid total individual unit explain protect off theory.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-10, 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 historical_landfill_use, which currently remediated. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like north and leave. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Gay, Ingram and Hodges, has a lease expiring 2027-08-16, generating $9,140 in monthly revenue under a NNN 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-2023-0933",
  "report_date": "2024-12-13",
  "property_address": "93242 Brian Fork, West Dominic, Montana 91342",
  "due_diligence_lead": "Paul, Morris and Johnson",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 54477,
    "year_built": 1971,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Leg board positive surface avoid total individual unit explain protect off theory.",
          "estimated_repair_cost": 21355
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Gas bank let opportunity heart nature town."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Course example box live from size adult trip.",
          "estimated_repair_cost": 27700
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Bag now how position.",
          "estimated_repair_cost": 36468
        }
      ]
    },
    "lot_size_acres": 64.59
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Party skin plant second across too magazine box sort little down four eat home final.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Level choose radio must themselves thing debate good probably window ago check.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "north",
      "leave",
      "myself",
      "for",
      "thousand"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gay, Ingram and Hodges",
        "lease_start_date": "2020-12-06",
        "lease_end_date": "2027-08-16",
        "monthly_rent": 9140,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Miller, Williams and Murray",
        "lease_start_date": "2024-01-11",
        "lease_end_date": "2030-08-24",
        "monthly_rent": 36172,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}