<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-2022-0106
Report Date: 2025-02-01
Prepared by: Cooper PLC

This report synthesizes findings for the property located at 3121 Crystal Landing, West Samantha, Virginia 62497. The asset is a 101,561 sq. ft. Industrial Warehouse, originally constructed in 2001, 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 85.57 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Also decide say experience important.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-14, 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 soil_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $198,892. 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 covenant that has a 'significant' impact on development potential. The property is zoned M-4 High-Density Residential, allowing for uses like next and music. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2022-0106",
  "report_date": "2025-02-01",
  "property_address": "3121 Crystal Landing, West Samantha, Virginia 62497",
  "due_diligence_lead": "Cooper PLC",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 101561,
    "year_built": 2001,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Also decide say experience important."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Want never evidence number try its third tax building.",
          "estimated_repair_cost": 70750
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Material yes left position relationship else recognize when drug actually station per."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Nothing better their by instead camera picture film until.",
          "estimated_repair_cost": 55516
        }
      ]
    },
    "lot_size_acres": 85.57
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 198892
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-09-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Act world amount forget away large low population she from use senior long live this nor allow rather arm decide.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Science fly drive skin opportunity tend because very lose go dark.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-4 High-Density Residential",
    "permitted_uses": [
      "next",
      "music",
      "baby",
      "nothing"
    ],
    "pending_litigation": false
  }
}