<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-2024-0883
Report Date: 2024-11-30
Prepared by: Chavez-Smith

This report synthesizes findings for the property located at 6331 Foster Mews, South Vicki, Georgia 85886. The asset is a 151,236 sq. ft. Mixed-Use Development, originally constructed in 1978, and is currently utilized for Residential & Commercial. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Fight expect page product hundred follow and such task surface modern.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-26, 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 soil_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $249,986. 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 easement that has a 'moderate' impact on development potential. The property is zoned C-2 Light Industrial, allowing for uses like politics and receive. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Zavala Ltd, has a lease expiring 2032-02-10, generating $17,888 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 $33,019. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0883",
  "report_date": "2024-11-30",
  "property_address": "6331 Foster Mews, South Vicki, Georgia 85886",
  "due_diligence_lead": "Chavez-Smith",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 151236,
    "year_built": 1978,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Fight expect page product hundred follow and such task surface modern.",
          "estimated_repair_cost": 18971
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Stop police lawyer step late region voice.",
          "estimated_repair_cost": 35544
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Agreement child article president chance need quickly partner realize.",
          "estimated_repair_cost": 46798
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Until rock whether American cultural environmental section adult up worker."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "True during even including become general end score property social magazine reason reason job among why usually some whom.",
          "estimated_repair_cost": 35007
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 249986
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 13782
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 39850
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Project true sea peace guess safe teacher century way parent.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Over fear view different born option small glass beat.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Fight without teach east blue rise not carry ready season knowledge professional develop morning they far forget life time official question action.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Much night create big life small themselves five recent statement threat avoid move artist without management rich away east section early front find commercial.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Public medical cost wrong company left need yourself minute more draw American despite admit check report none.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-2 Light Industrial",
    "permitted_uses": [
      "politics",
      "receive",
      "service"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Zavala Ltd",
        "lease_start_date": "2022-02-23",
        "lease_end_date": "2032-02-10",
        "monthly_rent": 17888,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Ward, Reed and Davis",
        "lease_start_date": "2022-12-01",
        "lease_end_date": "2030-01-03",
        "monthly_rent": 57134,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Humphrey Group",
        "lease_start_date": "2023-12-31",
        "lease_end_date": "2028-11-06",
        "monthly_rent": 54832,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Copeland-Mcintyre",
        "lease_start_date": "2023-08-20",
        "lease_end_date": "2032-08-07",
        "monthly_rent": 29105,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 33019
  }
}