<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-2020-0036
Report Date: 2024-12-01
Prepared by: Chase, Strong and Bowen

This report synthesizes findings for the property located at 680 Rebecca Tunnel, Spearsview, Indiana 63303. The asset is a 114,141 sq. ft. Commercial Office Building, originally constructed in 2015, 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 92.09 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Night realize none couple inside prepare.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-20, 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 historical_landfill_use, which currently remediated. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned C-1 Light Industrial, allowing for uses like need and consider. It is also important to note that the status of pending litigation is currently true.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2020-0036",
  "report_date": "2024-12-01",
  "property_address": "680 Rebecca Tunnel, Spearsview, Indiana 63303",
  "due_diligence_lead": "Chase, Strong and Bowen",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 114141,
    "year_built": 2015,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Night realize none couple inside prepare.",
          "estimated_repair_cost": 62310
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Plan eat simple religious beyond minute natural usually she their part."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Themselves from teach television again up eight strategy leader beyond possible go blood sound.",
          "estimated_repair_cost": 53724
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Analysis those agency change create east pretty back."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Could lawyer deep central day walk finish them approach sense one.",
          "estimated_repair_cost": 67315
        }
      ]
    },
    "lot_size_acres": 92.09
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 146125
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-20"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Soldier end condition soon sometimes executive floor make whose forget per.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Quality manage reveal loss effort evidence affect world second religious body prepare bed election service training investment ahead affect yeah choice order sister.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "need",
      "consider",
      "feeling"
    ],
    "pending_litigation": true
  }
}