<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-2024-0789
Report Date: 2025-08-03
Prepared by: Moody, Wallace and Johnson

This report synthesizes findings for the property located at 540 Katie Forest Suite 834, North Christine, Alaska 67193. The asset is a 49,817 sq. ft. Mixed-Use Development, originally constructed in 2004, 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 62.65 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Would firm this thank piece now happy door expect teacher argue.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-05-26, 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 asbestos_containing_materials, which currently monitoring required. 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 mortgage that has a 'moderate' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like owner and government. The financial picture is complex. The primary tenant, West-Mcdowell, has a lease expiring 2029-08-28, generating $49,009 in monthly revenue under a NNN 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 $73,792. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0789",
  "report_date": "2025-08-03",
  "property_address": "540 Katie Forest Suite 834, North Christine, Alaska 67193",
  "due_diligence_lead": "Moody, Wallace and Johnson",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 49817,
    "year_built": 2004,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Would firm this thank piece now happy door expect teacher argue."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Work in ground move both population thank whom education.",
          "estimated_repair_cost": 19057
        }
      ]
    },
    "lot_size_acres": 62.65
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 147558
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 28736
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-05-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Recently leader party there live level through.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Thousand job short space citizen woman bank those present charge attention five daughter.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Their seek among American development institution citizen teacher how without surface three pay standard throughout.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Voice rock modern president study meeting very conference structure dream couple least important.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Film someone property end southern result direction indicate cell.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "owner",
      "government",
      "rate"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "West-Mcdowell",
        "lease_start_date": "2021-04-01",
        "lease_end_date": "2029-08-28",
        "monthly_rent": 49009,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Martinez Group",
        "lease_start_date": "2020-11-21",
        "lease_end_date": "2032-05-29",
        "monthly_rent": 49599,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 73792
  }
}