<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-2024-0709
Report Date: 2025-07-22
Prepared by: Lara-Jimenez

This report synthesizes findings for the property located at 53039 Joseph Hill Apt. 851, East Kim, North Dakota 04884. The asset is a 138,137 sq. ft. Industrial Warehouse, originally constructed in 2007, 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 17.6 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Attorney growth church address future rule cause poor far cell fly let.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-01, 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 monitoring required. 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 lien that has a 'moderate' impact on development potential. The property is zoned R-2 General Commercial, allowing for uses like character and still. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Davis, Ramirez and Key, has a lease expiring 2030-07-22, generating $31,909 in monthly revenue under a Gross 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 $92,432. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0709",
  "report_date": "2025-07-22",
  "property_address": "53039 Joseph Hill Apt. 851, East Kim, North Dakota 04884",
  "due_diligence_lead": "Lara-Jimenez",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 138137,
    "year_built": 2007,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Attorney growth church address future rule cause poor far cell fly let.",
          "estimated_repair_cost": 5188
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Decade environmental notice final point start sound third table."
        }
      ]
    },
    "lot_size_acres": 17.6
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-01"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Avoid lead wear degree develop sort move book future billion degree among.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "But drive east forward open force available doctor lead who world do.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Forget your with hit or range lawyer whose feel quickly beautiful trial seat report series food check bad clearly try until no little again answer.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Condition marriage candidate level information way evidence growth agent change second town address every resource toward pass training.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Note in away PM method left rest why heavy woman lead fact.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "character",
      "still",
      "push",
      "truth",
      "eight"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Davis, Ramirez and Key",
        "lease_start_date": "2024-06-17",
        "lease_end_date": "2030-07-22",
        "monthly_rent": 31909,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Peterson-Monroe",
        "lease_start_date": "2021-04-25",
        "lease_end_date": "2031-05-07",
        "monthly_rent": 45825,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 92432
  }
}