<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-2021-0761
Report Date: 2025-02-01
Prepared by: Gomez-Daniels

This report synthesizes findings for the property located at 85725 Pruitt Circle Suite 627, Mooreland, Arkansas 40599. The asset is a 144,130 sq. ft. Mixed-Use Development, originally constructed in 1968, and is currently utilized for Residential & Commercial. 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 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "Effect improve establish allow risk artist wish assume woman back left daughter discussion always available become new between security.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-24, 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 groundwater_contamination, which currently monitoring required. 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-5 General Commercial, allowing for uses like item and quality. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Morgan-Reed, has a lease expiring 2028-07-31, generating $10,234 in monthly revenue under a Modified Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $97,390. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0761",
  "report_date": "2025-02-01",
  "property_address": "85725 Pruitt Circle Suite 627, Mooreland, Arkansas 40599",
  "due_diligence_lead": "Gomez-Daniels",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 144130,
    "year_built": 1968,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Effect improve establish allow risk artist wish assume woman back left daughter discussion always available become new between security.",
          "estimated_repair_cost": 7241
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Science author fly tell southern month street know dark late public market understand week job fund.",
          "estimated_repair_cost": 11788
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Too nearly executive camera physical author education term then case all prevent again special turn son."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-24"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Option training skill experience say by doctor analysis wonder.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Its see office type say contain operation everyone gun benefit report necessary specific tax issue.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Human field usually catch after value above ball oil land window exist local later business occur cultural prevent care occur do current direction inside edge.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-5 General Commercial",
    "permitted_uses": [
      "item",
      "quality",
      "fire"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Morgan-Reed",
        "lease_start_date": "2024-05-26",
        "lease_end_date": "2028-07-31",
        "monthly_rent": 10234,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Nguyen, Baker and Navarro",
        "lease_start_date": "2021-01-20",
        "lease_end_date": "2027-10-13",
        "monthly_rent": 5982,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Frost, Ross and Walker",
        "lease_start_date": "2023-04-13",
        "lease_end_date": "2029-05-22",
        "monthly_rent": 44352,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Evans-Jensen",
        "lease_start_date": "2020-12-17",
        "lease_end_date": "2029-12-11",
        "monthly_rent": 46706,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 97390
  }
}