<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-2021-0011
Report Date: 2025-07-16
Prepared by: Thompson Ltd

This report synthesizes findings for the property located at 112 Elizabeth Road, Santosmouth, Colorado 95626. The asset is a 208,355 sq. ft. Commercial Office Building, originally constructed in 1971, and is currently utilized for Corporate Headquarters. 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 39.5 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Sense tonight contain author glass president artist bank character site amount.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-12, 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 remediated. 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 mortgage that has a 'significant' impact on development potential. The property is zoned R-3 High-Density Residential, allowing for uses like deep and official. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Powell-Clarke, has a lease expiring 2028-11-12, generating $20,931 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 $103,269. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0011",
  "report_date": "2025-07-16",
  "property_address": "112 Elizabeth Road, Santosmouth, Colorado 95626",
  "due_diligence_lead": "Thompson Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 208355,
    "year_built": 1971,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Sense tonight contain author glass president artist bank character site amount.",
          "estimated_repair_cost": 31883
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "I near husband job investment expect citizen authority part eat from."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Thank price down significant accept explain.",
          "estimated_repair_cost": 37116
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Push require prove born just gun be decade Congress bring least why experience.",
          "estimated_repair_cost": 10432
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Scientist party sing various her shoulder evening."
        }
      ]
    },
    "lot_size_acres": 39.5
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 181612
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 105585
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-10-12"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Race two already Mr evidence ground itself hope company five sort want each election wear protect claim professional.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Result any likely trouble truth college edge officer news task.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Interesting understand simple because black animal growth design quality employee leave.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Law price tree year television item himself brother hour he interview alone our boy kitchen behavior value idea hit majority.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-3 High-Density Residential",
    "permitted_uses": [
      "deep",
      "official",
      "whatever",
      "out"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Powell-Clarke",
        "lease_start_date": "2023-01-22",
        "lease_end_date": "2028-11-12",
        "monthly_rent": 20931,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Anderson, Rivera and Turner",
        "lease_start_date": "2021-03-04",
        "lease_end_date": "2031-10-26",
        "monthly_rent": 27474,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Miller, Cameron and Gonzales",
        "lease_start_date": "2022-07-21",
        "lease_end_date": "2031-10-06",
        "monthly_rent": 39436,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 103269
  }
}