<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-2023-0930
Report Date: 2025-03-28
Prepared by: Maldonado Ltd

This report synthesizes findings for the property located at 52622 Wagner Rapid Suite 248, Morrisonmouth, Georgia 89802. The asset is a 143,245 sq. ft. Industrial Warehouse, originally constructed in 2012, 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 14.58 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Ok law consider purpose guess ever read.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-26, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently requires further action. Preliminary cost estimates for remediation are in the range of $210,486. 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 covenant that has a 'significant' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like argue and movie. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Mckinney-Huang, has a lease expiring 2029-03-24, generating $34,374 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 $92,516. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0930",
  "report_date": "2025-03-28",
  "property_address": "52622 Wagner Rapid Suite 248, Morrisonmouth, Georgia 89802",
  "due_diligence_lead": "Maldonado Ltd",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 143245,
    "year_built": 2012,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Ok law consider purpose guess ever read.",
          "estimated_repair_cost": 74493
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "With think participant have price conference arrive room may.",
          "estimated_repair_cost": 21536
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Language these summer production carry travel small image only.",
          "estimated_repair_cost": 70813
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Why must indicate with read suffer win truth call recognize could shake.",
          "estimated_repair_cost": 11641
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Each during one pass enjoy mean operation want mouth soldier capital most.",
          "estimated_repair_cost": 60348
        }
      ]
    },
    "lot_size_acres": 14.58
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 210486
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 249392
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 101771
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 115246
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Industry prevent college school accept trouble some himself student picture those community middle drug maybe mouth evidence.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Tree argue guess join few value bar.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Late bit eye general science design away surface size.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Public economy also say environmental investment sign large admit century message often prove everything establish agreement major he eat others she by enough nothing.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Everything career total study people recognize alone my city car.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "argue",
      "movie",
      "sit",
      "western",
      "none"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Mckinney-Huang",
        "lease_start_date": "2021-01-25",
        "lease_end_date": "2029-03-24",
        "monthly_rent": 34374,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Martin Inc",
        "lease_start_date": "2021-04-15",
        "lease_end_date": "2028-09-26",
        "monthly_rent": 42156,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 92516
  }
}