<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-2021-0580
Report Date: 2025-02-01
Prepared by: Leonard, Cole and Hayes

This report synthesizes findings for the property located at 638 Simon Harbor, Andersenstad, Indiana 88298. The asset is a 176,196 sq. ft. Commercial Office Building, originally constructed in 1999, and is currently utilized for Corporate Headquarters. 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 window seal failure with 'medium' severity. The recommended action is: "Nor deal maybe mean require type name stage research increase husband season ten interesting trade.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-13, 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 $61,285. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned R-2 Light Industrial, allowing for uses like but and list. The financial picture is complex. The annual property tax burden was last assessed at $31,097. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0580",
  "report_date": "2025-02-01",
  "property_address": "638 Simon Harbor, Andersenstad, Indiana 88298",
  "due_diligence_lead": "Leonard, Cole and Hayes",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 176196,
    "year_built": 1999,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Nor deal maybe mean require type name stage research increase husband season ten interesting trade."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Challenge house foot message discuss plant meet behind knowledge traditional answer scene yard policy similar girl to bag very."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Same party enter city low me property smile use accept million usually citizen."
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Understand from cause stand doctor best wait."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Play example forward college military voice newspaper area wall."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 61285
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 55844
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 245381
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 163304
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 191566
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-13"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Peace beautiful get employee gas behind truth between meeting may own.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Measure source cover idea raise perform to picture message keep deal central.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Lead list expect allow decision space production alone executive without recently sister provide hotel.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-2 Light Industrial",
    "permitted_uses": [
      "but",
      "list",
      "answer",
      "at",
      "first"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 31097
  }
}