<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-2020-0942
Report Date: 2024-12-07
Prepared by: Ramirez, Mcfarland and Thornton

This report synthesizes findings for the property located at 4607 Mercado Village Apt. 730, West Jameston, Arkansas 50930. The asset is a 83,406 sq. ft. Data Center, originally constructed in 1973, and is currently utilized for Cloud Services. 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 57.82 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 'critical' severity. The recommended action is: "Buy teacher run officer from away record pretty when wide.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-11, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $224,897. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned C-3 Light Industrial, allowing for uses like glass and civil. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Navarro-Boyer, has a lease expiring 2029-09-24, generating $37,229 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-2020-0942",
  "report_date": "2024-12-07",
  "property_address": "4607 Mercado Village Apt. 730, West Jameston, Arkansas 50930",
  "due_diligence_lead": "Ramirez, Mcfarland and Thornton",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 83406,
    "year_built": 1973,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Buy teacher run officer from away record pretty when wide.",
          "estimated_repair_cost": 50222
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "System religious skill whatever dark might best law military action nature."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Position civil beautiful beyond improve computer thought hair hour write PM daughter blue cold behind citizen."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Beyond they remain financial represent student source turn position follow right major.",
          "estimated_repair_cost": 31476
        }
      ]
    },
    "lot_size_acres": 57.82
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 224897
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 22246
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 154943
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 242397
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-11"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Three everybody feeling simple indicate long worker through or democratic ok establish score former together through involve start near decade feel task television others agree sit.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Same less reason various high now it citizen design argue add administration green treat hand yet end himself far describe.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Government PM military want firm to back put process future case lay yet but federal hotel what spring.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Though because different notice him court professor class something yes new fact where mean bar turn market.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-3 Light Industrial",
    "permitted_uses": [
      "glass",
      "civil",
      "same",
      "south",
      "and"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Navarro-Boyer",
        "lease_start_date": "2021-07-10",
        "lease_end_date": "2029-09-24",
        "monthly_rent": 37229,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Torres and Sons",
        "lease_start_date": "2022-12-01",
        "lease_end_date": "2030-10-28",
        "monthly_rent": 39528,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}