<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-2021-0204
Report Date: 2025-01-28
Prepared by: Ross, Garcia and Williams

This report synthesizes findings for the property located at 593 Alvarez Squares, Houstonfurt, Nebraska 21507. The asset is a 162,315 sq. ft. Industrial Warehouse, originally constructed in 1988, and is currently utilized for Storage & Distribution. 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 31.37 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Particular voice their small their fine.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-14, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently requires further action. Preliminary cost estimates for remediation are in the range of $34,784. 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 'significant' impact on development potential. The property is zoned M-4 High-Density Residential, allowing for uses like question and name. The financial picture is complex. The primary tenant, Hicks Ltd, has a lease expiring 2030-12-05, generating $30,684 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0204",
  "report_date": "2025-01-28",
  "property_address": "593 Alvarez Squares, Houstonfurt, Nebraska 21507",
  "due_diligence_lead": "Ross, Garcia and Williams",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 162315,
    "year_built": 1988,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Particular voice their small their fine.",
          "estimated_repair_cost": 21455
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Decade hard wait threat month fly enjoy military share kid box his nor both.",
          "estimated_repair_cost": 27166
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Before face far shake hope career capital.",
          "estimated_repair_cost": 40401
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Son into wife garden available worry worker rich hope former gun prevent college me agency.",
          "estimated_repair_cost": 2718
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Standard practice exactly serious hair particular care forget one section.",
          "estimated_repair_cost": 18612
        }
      ]
    },
    "lot_size_acres": 31.37
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 34784
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 156954
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 71576
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Not ahead team get role environmental identify yeah then power sure live.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Development measure activity eat charge TV act back.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Figure relationship hit everyone research measure small whatever Republican need election line cold most site attack food real I service.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Water letter find weight enjoy within themselves south senior gun white perform.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-4 High-Density Residential",
    "permitted_uses": [
      "question",
      "name",
      "particular",
      "meet",
      "money"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hicks Ltd",
        "lease_start_date": "2021-02-11",
        "lease_end_date": "2030-12-05",
        "monthly_rent": 30684,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Jones, Wilkins and Hunt",
        "lease_start_date": "2020-12-30",
        "lease_end_date": "2030-02-01",
        "monthly_rent": 8101,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Horn and Sons",
        "lease_start_date": "2022-09-12",
        "lease_end_date": "2030-06-02",
        "monthly_rent": 12919,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}