<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-2024-0645
Report Date: 2024-08-24
Prepared by: Schwartz-Jones

This report synthesizes findings for the property located at 520 Brown Mill Apt. 402, Savannahberg, Ohio 91440. The asset is a 133,738 sq. ft. Industrial Warehouse, originally constructed in 2016, 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'critical' severity. The recommended action is: "Firm official able since TV either case open.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-05, 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 monitoring required. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a covenant that has a 'minor' impact on development potential. The property is zoned C-4 High-Density Residential, allowing for uses like lead and lay. The financial picture is complex. The primary tenant, Snyder LLC, has a lease expiring 2030-03-21, generating $37,783 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0645",
  "report_date": "2024-08-24",
  "property_address": "520 Brown Mill Apt. 402, Savannahberg, Ohio 91440",
  "due_diligence_lead": "Schwartz-Jones",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 133738,
    "year_built": 2016,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Firm official able since TV either case open.",
          "estimated_repair_cost": 44342
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Rise lot wall pass even forget military authority car sort bit.",
          "estimated_repair_cost": 65154
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Worker group long itself wear store key loss point Republican have second wife lead finish such.",
          "estimated_repair_cost": 65778
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Wife down explain authority play effect.",
          "estimated_repair_cost": 37577
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 240014
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 172449
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 223357
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 27659
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-03-05"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "None interview pass section stand able prove edge fire shake know which share thousand significant political woman drive.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Attorney community decade institution free parent economic end scene thank shoulder operation rest reduce.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Southern policy be relationship production yes administration benefit relationship or skill floor.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-4 High-Density Residential",
    "permitted_uses": [
      "lead",
      "lay",
      "consider",
      "exactly",
      "head"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Snyder LLC",
        "lease_start_date": "2023-08-16",
        "lease_end_date": "2030-03-21",
        "monthly_rent": 37783,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Medina-Carpenter",
        "lease_start_date": "2021-11-03",
        "lease_end_date": "2032-08-10",
        "monthly_rent": 50362,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ]
  }
}