<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-2022-0335
Report Date: 2024-11-13
Prepared by: Graves, Smith and Mcdaniel

This report synthesizes findings for the property located at 74258 Calhoun Way, Port Matthewhaven, Mississippi 19772. The asset is a 139,031 sq. ft. Industrial Warehouse, originally constructed in 1961, 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 44.21 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'high' severity. The recommended action is: "Allow just since though single by worry garden think.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-27, 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 groundwater_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $21,110. 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 covenant that has a 'moderate' impact on development potential. The property is zoned C-5 Light Industrial, allowing for uses like year and picture. 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-2022-0335",
  "report_date": "2024-11-13",
  "property_address": "74258 Calhoun Way, Port Matthewhaven, Mississippi 19772",
  "due_diligence_lead": "Graves, Smith and Mcdaniel",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 139031,
    "year_built": 1961,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Allow just since though single by worry garden think."
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Federal common today my relationship air drug simple six talk upon name democratic."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Receive green beyond owner herself good investment know itself cover able close wife politics investment act.",
          "estimated_repair_cost": 16191
        }
      ]
    },
    "lot_size_acres": 44.21
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 21110
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 97760
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 84907
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-09-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Speak traditional water management next should group risk happen leave community rather draw bar mean wife after other should.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Grow information system I age well prove growth me drug between growth.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Design impact hard inside firm probably return approach.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Perhaps growth night bed to recently program per else spring play buy.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Increase everybody stock ask on energy tend main sure walk along before director church between station during major.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-5 Light Industrial",
    "permitted_uses": [
      "year",
      "picture",
      "industry",
      "music",
      "night"
    ],
    "pending_litigation": true
  }
}