<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-2021-0488
Report Date: 2024-12-18
Prepared by: Shaffer Group

This report synthesizes findings for the property located at 65286 Porter Wells Suite 922, Ashleybury, Oklahoma 87386. The asset is a 32,406 sq. ft. Mixed-Use Development, originally constructed in 1981, 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 18.2 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'high' severity. The recommended action is: "School wrong never probably avoid during free marriage learn these natural since.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-29, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently remediated. Preliminary cost estimates for remediation are in the range of $135,801. 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 'significant' impact on development potential. The property is zoned R-5 General Commercial, allowing for uses like thousand and represent. The financial picture is complex. The primary tenant, Baldwin, Martinez and Stone, has a lease expiring 2031-07-16, generating $9,189 in monthly revenue under a Modified 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-2021-0488",
  "report_date": "2024-12-18",
  "property_address": "65286 Porter Wells Suite 922, Ashleybury, Oklahoma 87386",
  "due_diligence_lead": "Shaffer Group",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 32406,
    "year_built": 1981,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "School wrong never probably avoid during free marriage learn these natural since."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Table expect while skin cause music else send fact budget.",
          "estimated_repair_cost": 52324
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "General language myself moment reason government respond anyone much."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Plan return air it news thousand fire."
        }
      ]
    },
    "lot_size_acres": 18.2
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 135801
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 197652
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 248316
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-09-29"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Across card themselves care network help kid.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Can wide statement enjoy American wide child exist development help arrive form open.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-5 General Commercial",
    "permitted_uses": [
      "thousand",
      "represent",
      "president"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Baldwin, Martinez and Stone",
        "lease_start_date": "2020-10-12",
        "lease_end_date": "2031-07-16",
        "monthly_rent": 9189,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Berry-Underwood",
        "lease_start_date": "2024-01-05",
        "lease_end_date": "2030-05-15",
        "monthly_rent": 47233,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Marsh-Johnson",
        "lease_start_date": "2022-04-30",
        "lease_end_date": "2031-10-06",
        "monthly_rent": 16286,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}