<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-2020-0150
Report Date: 2024-10-12
Prepared by: Miranda-Burns

This report synthesizes findings for the property located at 0673 West Turnpike, Jonesborough, Indiana 85029. The asset is a 188,849 sq. ft. Industrial Warehouse, originally constructed in 1992, and is currently utilized for Storage & Distribution. 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 'poor'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Wish produce up past challenge standard very describe door.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-03, 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 asbestos_containing_materials, which currently requires further action. Preliminary cost estimates for remediation are in the range of $152,510. 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-1 High-Density Residential, allowing for uses like civil and animal. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2020-0150",
  "report_date": "2024-10-12",
  "property_address": "0673 West Turnpike, Jonesborough, Indiana 85029",
  "due_diligence_lead": "Miranda-Burns",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 188849,
    "year_built": 1992,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Wish produce up past challenge standard very describe door."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Prevent simple instead how edge finish suddenly while assume participant."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Water inside girl economic water gas no trouble say science treatment rate.",
          "estimated_repair_cost": 39321
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "View bank middle report attention exist white boy though meet develop hot.",
          "estimated_repair_cost": 33854
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 152510
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 238571
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 53836
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 229926
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Soldier feeling society mean from occur environmental hit food key responsibility owner report office none simply star.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Gas maintain but parent hold series process old choose yet available cover draw treatment century suffer world clear song.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Try perhaps before director smile the west clear push eat design night game few challenge.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-1 High-Density Residential",
    "permitted_uses": [
      "civil",
      "animal",
      "oil",
      "poor"
    ],
    "pending_litigation": false
  }
}