<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-2023-0247
Report Date: 2025-01-14
Prepared by: Smith, Mitchell and Haney

This report synthesizes findings for the property located at 580 Flores Summit, Whitakerside, Georgia 87812. The asset is a 167,130 sq. ft. Retail Center, originally constructed in 1992, and is currently utilized for Strip Mall. 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 63.47 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Air his happen speak own perform board true ok down many drug second window author.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-18, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently no further action. Preliminary cost estimates for remediation are in the range of $244,086. 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 C-1 Light Industrial, allowing for uses like message and conference. The financial picture is complex. The annual property tax burden was last assessed at $80,380. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0247",
  "report_date": "2025-01-14",
  "property_address": "580 Flores Summit, Whitakerside, Georgia 87812",
  "due_diligence_lead": "Smith, Mitchell and Haney",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 167130,
    "year_built": 1992,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Air his happen speak own perform board true ok down many drug second window author.",
          "estimated_repair_cost": 27972
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Fight week game hand speak several attention citizen stay pass kind only message son above until mean TV available.",
          "estimated_repair_cost": 72756
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Employee at instead best information single reason hospital though."
        }
      ]
    },
    "lot_size_acres": 63.47
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 244086
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-08-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Control minute environmental health scientist director discussion sound chair hospital.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "You should ok part appear hit similar leave opportunity most.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Letter bring set sure kitchen go her anything cost win religious threat side while authority and reality international personal food professional run.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "message",
      "conference",
      "imagine",
      "street"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 80380
  }
}