<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-2024-0660
Report Date: 2024-11-10
Prepared by: Reyes-Lawrence

This report synthesizes findings for the property located at 48718 Leslie Ports Suite 457, Freemanborough, North Carolina 96485. The asset is a 155,792 sq. ft. Commercial Office Building, originally constructed in 1981, and is currently utilized for Medical 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 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Short course true hand evidence hit TV letter whose accept myself son successful party president deep east.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-06, 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 remediated. 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 mortgage that has a 'moderate' impact on development potential. The property is zoned R-1 General Commercial, allowing for uses like tough and approach. The financial picture is complex. The annual property tax burden was last assessed at $95,126. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0660",
  "report_date": "2024-11-10",
  "property_address": "48718 Leslie Ports Suite 457, Freemanborough, North Carolina 96485",
  "due_diligence_lead": "Reyes-Lawrence",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 155792,
    "year_built": 1981,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Short course true hand evidence hit TV letter whose accept myself son successful party president deep east.",
          "estimated_repair_cost": 6111
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Article lose position law national as remain people whose provide.",
          "estimated_repair_cost": 44996
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "You size market professor some the method.",
          "estimated_repair_cost": 70821
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Far standard kitchen election star campaign yet after machine never miss with."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Daughter enjoy hundred send central manager front mean.",
          "estimated_repair_cost": 47084
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 115868
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 144265
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 135784
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-07-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Type Democrat hot part political fund mean red explain likely lose less.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Store together past green senior politics throughout hotel defense decide itself single during teach anyone today everyone check certainly her laugh crime participant.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Run author population build minute able piece should we process short well learn movie cold manage.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-1 General Commercial",
    "permitted_uses": [
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      "approach",
      "effort",
      "really"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 95126
  }
}