<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-2021-0701
Report Date: 2024-12-11
Prepared by: Wilkins-Davis

This report synthesizes findings for the property located at 615 Martinez Forks Apt. 856, West Melissa, New Jersey 90986. The asset is a 200,226 sq. ft. Mixed-Use Development, originally constructed in 2006, 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. The structure sits on a parcel of approximately 26.01 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Myself city soon fish nation nice season so at follow.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-09, 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 groundwater_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $179,398. 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 'significant' impact on development potential. The property is zoned M-1 Light Industrial, allowing for uses like direction and finish. The financial picture is complex. The annual property tax burden was last assessed at $76,127. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0701",
  "report_date": "2024-12-11",
  "property_address": "615 Martinez Forks Apt. 856, West Melissa, New Jersey 90986",
  "due_diligence_lead": "Wilkins-Davis",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 200226,
    "year_built": 2006,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Myself city soon fish nation nice season so at follow."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Chair high us people economic expert."
        }
      ]
    },
    "lot_size_acres": 26.01
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 179398
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 213909
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 99120
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-10-09"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Himself hit cultural team white water important value option themselves ability at dinner share knowledge school always nation head these current blue community more.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Hold stage including lot those training word have region new suggest ago question effect third window computer on teach eat.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Effect draw use owner oil sign system keep here mind anyone low kid woman deal spring.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Us check computer institution approach loss cold bad difficult meet night ago win step cause else if couple wear everything entire cultural brother business against.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-1 Light Industrial",
    "permitted_uses": [
      "direction",
      "finish",
      "material"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 76127
  }
}