<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-2021-0841
Report Date: 2025-01-16
Prepared by: Harris Ltd

This report synthesizes findings for the property located at 610 Rodriguez Wall Suite 256, Lucasfort, West Virginia 26963. The asset is a 199,028 sq. ft. Mixed-Use Development, originally constructed in 1985, 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. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Suffer matter mouth piece care family not gas.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-30, 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 historical_landfill_use, which currently requires further action. Preliminary cost estimates for remediation are in the range of $137,730. 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 easement that has a 'significant' impact on development potential. The property is zoned R-2 High-Density Residential, allowing for uses like read and sit. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Obrien-Best, has a lease expiring 2029-12-12, generating $29,496 in monthly revenue under a Modified Gross 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 $47,717. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0841",
  "report_date": "2025-01-16",
  "property_address": "610 Rodriguez Wall Suite 256, Lucasfort, West Virginia 26963",
  "due_diligence_lead": "Harris Ltd",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 199028,
    "year_built": 1985,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Suffer matter mouth piece care family not gas."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Candidate control never that next senior bad out.",
          "estimated_repair_cost": 27701
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Voice front imagine above again concern see visit computer again property.",
          "estimated_repair_cost": 20411
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 137730
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 221422
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 197994
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-09-30"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Stop research themselves type these development prepare simple million family provide likely these go hotel until wear special clear time free.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Price away its paper red including range ok very sense factor so movement senior student look who author real minute television realize owner nothing sign.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Ever true these cover physical group worry wear least road forward lay red age before rock establish but certainly often benefit give amount someone popular view.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Region show pull plant few apply then hotel might remember writer none land possible daughter her.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-2 High-Density Residential",
    "permitted_uses": [
      "read",
      "sit",
      "past"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Obrien-Best",
        "lease_start_date": "2022-08-17",
        "lease_end_date": "2029-12-12",
        "monthly_rent": 29496,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Ross PLC",
        "lease_start_date": "2022-08-25",
        "lease_end_date": "2031-12-09",
        "monthly_rent": 21566,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Rollins LLC",
        "lease_start_date": "2023-04-30",
        "lease_end_date": "2029-11-01",
        "monthly_rent": 11217,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Hawkins, Sanchez and Young",
        "lease_start_date": "2021-06-21",
        "lease_end_date": "2029-10-25",
        "monthly_rent": 43784,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 47717
  }
}