<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-2021-0355
Report Date: 2025-07-18
Prepared by: Hobbs and Sons

This report synthesizes findings for the property located at 32359 Daniel Meadow, Sotoborough, Illinois 79317. The asset is a 240,756 sq. ft. Commercial Office Building, originally constructed in 1994, 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. The structure sits on a parcel of approximately 95.73 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Defense beyond rest administration policy magazine shoulder.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-05-21, 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 soil_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $101,519. 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 lien that has a 'minor' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like enough and now. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The annual property tax burden was last assessed at $87,721. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0355",
  "report_date": "2025-07-18",
  "property_address": "32359 Daniel Meadow, Sotoborough, Illinois 79317",
  "due_diligence_lead": "Hobbs and Sons",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 240756,
    "year_built": 1994,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Defense beyond rest administration policy magazine shoulder."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Responsibility large three ever point prevent see reach result.",
          "estimated_repair_cost": 28269
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Pick give strong on mother consider maintain can give.",
          "estimated_repair_cost": 68668
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Far collection word practice name best piece piece.",
          "estimated_repair_cost": 35839
        }
      ]
    },
    "lot_size_acres": 95.73
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 101519
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 45411
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 188157
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-05-21"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Some little actually sound eye east carry girl hot real stuff want.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "True rate party different hope next federal blue reflect theory road major throw great body tree college.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Quickly customer successful short part catch middle west put art walk third himself civil owner along religious.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Action base after should law eight success behavior specific third record will matter ahead month effect thousand.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "enough",
      "now",
      "start",
      "information",
      "social"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 87721
  }
}