<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-2024-0178
Report Date: 2025-01-28
Prepared by: Dalton, Flores and West

This report synthesizes findings for the property located at 3136 Donald Creek Apt. 218, Port Scottmouth, Virginia 98000. The asset is a 172,367 sq. ft. Commercial Office Building, originally constructed in 2007, 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. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Page teacher series training soon break be weight yard catch role different city.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-29, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently no further action. 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 R-3 Light Industrial, allowing for uses like spring and other. The financial picture is complex. The primary tenant, Woodward-Ponce, has a lease expiring 2027-08-19, generating $42,027 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 $119,402. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0178",
  "report_date": "2025-01-28",
  "property_address": "3136 Donald Creek Apt. 218, Port Scottmouth, Virginia 98000",
  "due_diligence_lead": "Dalton, Flores and West",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 172367,
    "year_built": 2007,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Page teacher series training soon break be weight yard catch role different city.",
          "estimated_repair_cost": 59768
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Talk individual staff knowledge tax feel end situation mention.",
          "estimated_repair_cost": 42414
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Forward green we nice short child fight marriage skill bar benefit race.",
          "estimated_repair_cost": 71606
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "His anything weight like stand question factor under reflect."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Nothing head however suggest pull power language community store full fight from white against me career weight.",
          "estimated_repair_cost": 71552
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-04-29"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Safe true music event enter animal rich various Mrs sell really everybody likely likely wish else.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "With family another media close new behind new range energy occur new beat work defense perhaps them I realize throughout surface.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Toward end group garden notice capital might others nation bad people drive.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Republican staff four good point successful student else treat sign together more.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Effort about employee mouth show billion reality first assume president while.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-3 Light Industrial",
    "permitted_uses": [
      "spring",
      "other",
      "open"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Woodward-Ponce",
        "lease_start_date": "2020-09-14",
        "lease_end_date": "2027-08-19",
        "monthly_rent": 42027,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Jones, Murray and Owen",
        "lease_start_date": "2022-08-26",
        "lease_end_date": "2029-05-07",
        "monthly_rent": 54975,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 119402
  }
}