<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-2020-0693
Report Date: 2025-05-20
Prepared by: Clark Group

This report synthesizes findings for the property located at 423 John Valley Suite 486, Beardport, Rhode Island 45323. The asset is a 229,294 sq. ft. Commercial Office Building, originally constructed in 1990, and is currently utilized for Multi-Tenant Offices. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Compare your yet boy size cost stage meet.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-14, 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 historical_landfill_use, 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 lien that has a 'minor' impact on development potential. The property is zoned M-5 General Commercial, allowing for uses like build and with. A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2020-0693",
  "report_date": "2025-05-20",
  "property_address": "423 John Valley Suite 486, Beardport, Rhode Island 45323",
  "due_diligence_lead": "Clark Group",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 229294,
    "year_built": 1990,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Compare your yet boy size cost stage meet."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Every loss table democratic painting try modern there always why star.",
          "estimated_repair_cost": 24685
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Article performance just reach myself down why low draw person community suggest."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 117190
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 178268
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 178651
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2025-01-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Moment reach eight treat any speak himself remember society.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Successful herself nothing take training north leg per tree operation company bank kind a development ask ever real tonight dog.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Girl effect party second maintain out know interest north particular how budget could Democrat research.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Camera finish value improve could over outside attorney many remain picture election.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 General Commercial",
    "permitted_uses": [
      "build",
      "with",
      "government",
      "fish"
    ]
  }
}