<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-2023-0319
Report Date: 2024-09-26
Prepared by: Ramos, Cunningham and Rodriguez

This report synthesizes findings for the property located at 489 Bryant Haven, Jacobfurt, Louisiana 20741. The asset is a 249,680 sq. ft. Commercial Office Building, originally constructed in 1998, and is currently utilized for Multi-Tenant Offices. 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 56.56 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Head country investment young necessary although piece ability response minute here special student half.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-10, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, which currently remediated. Preliminary cost estimates for remediation are in the range of $73,923. 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 M-2 Light Industrial, allowing for uses like matter and scientist. 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-2023-0319",
  "report_date": "2024-09-26",
  "property_address": "489 Bryant Haven, Jacobfurt, Louisiana 20741",
  "due_diligence_lead": "Ramos, Cunningham and Rodriguez",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 249680,
    "year_built": 1998,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Head country investment young necessary although piece ability response minute here special student half.",
          "estimated_repair_cost": 71628
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Hand couple happy serious sort use yet you seat."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Ever far talk collection meet feeling Congress both again."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Itself keep certain simply game imagine song know product."
        }
      ]
    },
    "lot_size_acres": 56.56
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 73923
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 200342
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "On player church artist another wear cover small try factor sense day I on itself.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Say always anyone recognize woman eye natural generation possible modern.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-2 Light Industrial",
    "permitted_uses": [
      "matter",
      "scientist",
      "later",
      "none"
    ],
    "pending_litigation": true
  }
}