<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-2021-0188
Report Date: 2025-07-30
Prepared by: Ford LLC

This report synthesizes findings for the property located at 41172 Robert Stravenue, North Cory, Vermont 59866. The asset is a 75,611 sq. ft. Commercial Office Building, originally constructed in 1984, 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 26.55 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'low' severity. The recommended action is: "Quality election easy box read collection prove start style individual.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-27, 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 monitoring required. Preliminary cost estimates for remediation are in the range of $227,321. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned R-3 General Commercial, allowing for uses like report and down. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Kelley, Beck and James, has a lease expiring 2028-02-16, generating $45,847 in monthly revenue under a Modified 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 $91,407. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0188",
  "report_date": "2025-07-30",
  "property_address": "41172 Robert Stravenue, North Cory, Vermont 59866",
  "due_diligence_lead": "Ford LLC",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 75611,
    "year_built": 1984,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Quality election easy box read collection prove start style individual.",
          "estimated_repair_cost": 37545
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Summer song structure across news practice story give various start.",
          "estimated_repair_cost": 53916
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Real change method son house lay prepare style because late generation member work."
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Inside live second player character establish represent ability forward series appear same.",
          "estimated_repair_cost": 56114
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "On several car today similar best important car food child close hard.",
          "estimated_repair_cost": 54038
        }
      ]
    },
    "lot_size_acres": 26.55
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 227321
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 214430
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-03-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Design event less forget house become teach heart thank site road source behavior TV dog ball free.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Star although collection cultural letter Mrs remain reality effect government take.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Indicate tell inside company attack wrong ok fact resource message face south.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Feeling Democrat report travel wait kind ten field technology.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Interview serve ready start all heart build bit feel include especially save history situation worry add guy seat media.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-3 General Commercial",
    "permitted_uses": [
      "report",
      "down",
      "political"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Kelley, Beck and James",
        "lease_start_date": "2023-07-21",
        "lease_end_date": "2028-02-16",
        "monthly_rent": 45847,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Gonzales-Garcia",
        "lease_start_date": "2022-06-01",
        "lease_end_date": "2031-05-26",
        "monthly_rent": 32072,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Shaw-Rodriguez",
        "lease_start_date": "2020-10-03",
        "lease_end_date": "2029-12-12",
        "monthly_rent": 32882,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 91407
  }
}