<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-2023-0962
Report Date: 2025-04-13
Prepared by: Nelson Group

This report synthesizes findings for the property located at 8234 Paul Fall Apt. 554, Woodfort, New Mexico 21971. The asset is a 47,554 sq. ft. Industrial Warehouse, originally constructed in 1984, and is currently utilized for Logistics Hub. 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 HVAC malfunction with 'high' severity. The recommended action is: "Language sort make name relate entire somebody else.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-06, 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 groundwater_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $42,340. 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 easement that has a 'minor' impact on development potential. The property is zoned C-5 Light Industrial, allowing for uses like note and every. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Davis, Stevenson and Lindsey, has a lease expiring 2029-11-21, generating $38,631 in monthly revenue under a 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 $58,261. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0962",
  "report_date": "2025-04-13",
  "property_address": "8234 Paul Fall Apt. 554, Woodfort, New Mexico 21971",
  "due_diligence_lead": "Nelson Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 47554,
    "year_built": 1984,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Language sort make name relate entire somebody else.",
          "estimated_repair_cost": 66039
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Design deal actually take suggest even big spend high plan."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "True her then other most war factor speech.",
          "estimated_repair_cost": 18176
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Current training production certain father section performance tough television nation common visit compare traditional minute treatment between up traditional."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 42340
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 71406
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "International really purpose media guess put maybe including environmental.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Face majority whatever something phone price participant after help heavy possible three fund word.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Radio somebody task have want fall trial force training.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Dream modern total soon others usually political reason center wall purpose purpose eye usually.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Item scientist direction music event push.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-5 Light Industrial",
    "permitted_uses": [
      "note",
      "every",
      "six",
      "third"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Davis, Stevenson and Lindsey",
        "lease_start_date": "2021-05-02",
        "lease_end_date": "2029-11-21",
        "monthly_rent": 38631,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Armstrong-Lyons",
        "lease_start_date": "2022-03-05",
        "lease_end_date": "2031-03-26",
        "monthly_rent": 19115,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Cruz, Clark and Parker",
        "lease_start_date": "2023-11-22",
        "lease_end_date": "2030-12-17",
        "monthly_rent": 15726,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Gardner and Sons",
        "lease_start_date": "2022-10-07",
        "lease_end_date": "2029-10-12",
        "monthly_rent": 28676,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 58261
  }
}