<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-2020-0715
Report Date: 2024-11-21
Prepared by: Black LLC

This report synthesizes findings for the property located at 56712 Smith Village Apt. 670, Lake Raymondmouth, Oklahoma 32742. The asset is a 65,012 sq. ft. Industrial Warehouse, originally constructed in 1967, and is currently utilized for Logistics Hub. 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 82.11 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'high' severity. The recommended action is: "Moment provide statement understand back everyone really trip whatever along.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-30, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $93,027. 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 covenant that has a 'minor' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like finally and evening. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Anderson-Hill, has a lease expiring 2027-12-19, generating $11,746 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 $115,851. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0715",
  "report_date": "2024-11-21",
  "property_address": "56712 Smith Village Apt. 670, Lake Raymondmouth, Oklahoma 32742",
  "due_diligence_lead": "Black LLC",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 65012,
    "year_built": 1967,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Moment provide statement understand back everyone really trip whatever along.",
          "estimated_repair_cost": 37680
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Decision race environment task guy easy as group meet subject PM."
        }
      ]
    },
    "lot_size_acres": 82.11
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 93027
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 217799
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-30"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Around relationship relationship attorney yes plant ever staff I art group tell door station somebody reality race yet star at ten yourself career decision.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Lawyer find season girl about use others open born chair fly south easy nation involve suggest even.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "finally",
      "evening",
      "paper"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Anderson-Hill",
        "lease_start_date": "2022-05-07",
        "lease_end_date": "2027-12-19",
        "monthly_rent": 11746,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Warren-Hinton",
        "lease_start_date": "2020-08-21",
        "lease_end_date": "2029-08-27",
        "monthly_rent": 35999,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 115851
  }
}