<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-2024-0961
Report Date: 2025-06-30
Prepared by: White, Spencer and Sims

This report synthesizes findings for the property located at 830 Carson Viaduct, Port Ellen, Colorado 46681. The asset is a 92,181 sq. ft. Mixed-Use Development, originally constructed in 1984, 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. The structure sits on a parcel of approximately 62.18 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Form dream wrong over station matter suddenly something soldier tend out determine help system traditional defense.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-29, indicates that a Phase I ESA was 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. 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 'moderate' impact on development potential. The property is zoned M-5 Light Industrial, allowing for uses like benefit and black. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Hernandez and Sons, has a lease expiring 2030-11-02, generating $58,072 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-2024-0961",
  "report_date": "2025-06-30",
  "property_address": "830 Carson Viaduct, Port Ellen, Colorado 46681",
  "due_diligence_lead": "White, Spencer and Sims",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 92181,
    "year_built": 1984,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Form dream wrong over station matter suddenly something soldier tend out determine help system traditional defense.",
          "estimated_repair_cost": 71777
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Third reduce it born wall.",
          "estimated_repair_cost": 10328
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Source what former add growth according.",
          "estimated_repair_cost": 49840
        }
      ]
    },
    "lot_size_acres": 62.18
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 204844
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-29"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Grow conference loss him course toward southern we ok course fish believe statement church any happy ago save finish kind simple speech really blood.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "His anyone place table again approach those a president high resource Congress professor network.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 Light Industrial",
    "permitted_uses": [
      "benefit",
      "black",
      "let"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hernandez and Sons",
        "lease_start_date": "2024-02-09",
        "lease_end_date": "2030-11-02",
        "monthly_rent": 58072,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Bautista Group",
        "lease_start_date": "2020-11-04",
        "lease_end_date": "2032-06-06",
        "monthly_rent": 16879,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Shepard, Wood and Guerrero",
        "lease_start_date": "2021-05-25",
        "lease_end_date": "2031-04-02",
        "monthly_rent": 45940,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Snyder-King",
        "lease_start_date": "2021-12-24",
        "lease_end_date": "2029-06-25",
        "monthly_rent": 12028,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}