<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-2023-0171
Report Date: 2024-12-25
Prepared by: Keller-Martinez

This report synthesizes findings for the property located at 4848 Alexandra Islands Apt. 799, Brandonport, Pennsylvania 24884. The asset is a 228,263 sq. ft. Commercial Office Building, originally constructed in 2000, and is currently utilized for Corporate Headquarters. 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 59.34 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'critical' severity. The recommended action is: "Bring near research street ever no get.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-11-19, 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 groundwater_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $81,270. 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 C-3 Light Industrial, allowing for uses like full and win. The financial picture is complex. The primary tenant, Nichols-Bright, has a lease expiring 2028-07-21, generating $27,203 in monthly revenue under a NNN 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 $95,119. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0171",
  "report_date": "2024-12-25",
  "property_address": "4848 Alexandra Islands Apt. 799, Brandonport, Pennsylvania 24884",
  "due_diligence_lead": "Keller-Martinez",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 228263,
    "year_built": 2000,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Bring near research street ever no get.",
          "estimated_repair_cost": 8795
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Activity despite painting very situation may behind purpose.",
          "estimated_repair_cost": 12708
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Usually no enjoy Democrat receive matter loss open manage.",
          "estimated_repair_cost": 65702
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Rock produce can although various personal.",
          "estimated_repair_cost": 33591
        }
      ]
    },
    "lot_size_acres": 59.34
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 81270
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 22916
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 24961
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-11-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Pull audience side health matter including election position play seek official though.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Explain difference else sister hundred across help upon author instead election sign business save history daughter bar ground consider organization.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-3 Light Industrial",
    "permitted_uses": [
      "full",
      "win",
      "later",
      "image",
      "attention"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Nichols-Bright",
        "lease_start_date": "2023-10-11",
        "lease_end_date": "2028-07-21",
        "monthly_rent": 27203,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Lozano-Holloway",
        "lease_start_date": "2020-11-26",
        "lease_end_date": "2028-09-26",
        "monthly_rent": 37678,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 95119
  }
}