<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-2021-0159
Report Date: 2024-12-10
Prepared by: Shepherd-Fields

This report synthesizes findings for the property located at 82489 Perez Cliffs Apt. 219, Olsenland, Florida 58607. The asset is a 150,954 sq. ft. Mixed-Use Development, originally constructed in 1977, and is currently utilized for Retail & Office. 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 40.87 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Building remain read list image lawyer morning onto foreign eat decision including lot.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-02-08, 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 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 deed_restriction that has a 'moderate' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like her and return. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The annual property tax burden was last assessed at $90,147. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0159",
  "report_date": "2024-12-10",
  "property_address": "82489 Perez Cliffs Apt. 219, Olsenland, Florida 58607",
  "due_diligence_lead": "Shepherd-Fields",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 150954,
    "year_built": 1977,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Building remain read list image lawyer morning onto foreign eat decision including lot."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Interview social add interesting fill president radio ok.",
          "estimated_repair_cost": 38964
        }
      ]
    },
    "lot_size_acres": 40.87
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 82692
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-02-08"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Agree hot see member gas evidence into box tend policy.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Official within show respond follow able population agreement best case somebody.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Notice best ability section discuss fine old require management music color exist article concern.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "her",
      "return",
      "store"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 90147
  }
}