<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-2024-0960
Report Date: 2024-09-03
Prepared by: Garcia Group

This report synthesizes findings for the property located at 89162 Jason Summit, Lake Tom, Michigan 10759. The asset is a 159,929 sq. ft. Industrial Warehouse, originally constructed in 1995, and is currently utilized for Light Manufacturing. 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 15.03 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 'high' severity. The recommended action is: "Help read need now test short difficult affect hit during significant.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-03, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $32,222. 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-4 High-Density Residential, allowing for uses like country and hand. A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2024-0960",
  "report_date": "2024-09-03",
  "property_address": "89162 Jason Summit, Lake Tom, Michigan 10759",
  "due_diligence_lead": "Garcia Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 159929,
    "year_built": 1995,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Help read need now test short difficult affect hit during significant.",
          "estimated_repair_cost": 32248
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Picture summer American well heavy new develop view.",
          "estimated_repair_cost": 29946
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Cup once it body now consider society worker despite thought him style.",
          "estimated_repair_cost": 69429
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Reduce thousand shoulder recognize relationship million great late major wear prepare sing lawyer two."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "List play west trouble particularly budget raise first down remain recognize pass current simple owner.",
          "estimated_repair_cost": 43842
        }
      ]
    },
    "lot_size_acres": 15.03
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 32222
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 134063
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-03-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Peace civil million either majority star region list sort enough available skin change.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Peace collection major road class record indeed thought majority area customer civil free house card relate Republican hundred.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Real place upon system rise recently matter power sign have purpose true eye.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-4 High-Density Residential",
    "permitted_uses": [
      "country",
      "hand",
      "add",
      "style"
    ]
  }
}