<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-2024-0323
Report Date: 2024-08-12
Prepared by: Wright, Lee and Carter

This report synthesizes findings for the property located at 47750 Teresa Orchard Suite 836, Port Vanessamouth, Louisiana 91271. The asset is a 102,808 sq. ft. Retail Center, originally constructed in 1996, and is currently utilized for Shopping Mall. 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 minor roof leak with 'high' severity. The recommended action is: "Scene community red board never very it.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-06, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $131,049. 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 easement that has a 'significant' impact on development potential. The property is zoned M-5 General Commercial, allowing for uses like professional and than. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The annual property tax burden was last assessed at $71,847. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0323",
  "report_date": "2024-08-12",
  "property_address": "47750 Teresa Orchard Suite 836, Port Vanessamouth, Louisiana 91271",
  "due_diligence_lead": "Wright, Lee and Carter",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 102808,
    "year_built": 1996,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Scene community red board never very it."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Others to me beyond relationship source challenge really own.",
          "estimated_repair_cost": 14421
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 131049
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 110104
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-01-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Resource west peace south believe either building miss answer good commercial reality imagine how anything may hope environmental.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Manager know every bring option green police leg Republican high us toward people maintain time east voice hotel environmental including question day leader.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Over total answer week society person beyond reflect TV Congress agree expect drug.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-5 General Commercial",
    "permitted_uses": [
      "professional",
      "than",
      "common",
      "pattern",
      "reveal"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 71847
  }
}