<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-2024-0935
Report Date: 2025-01-14
Prepared by: Gibbs-Hill

This report synthesizes findings for the property located at 063 Thomas Route, Wilcoxberg, West Virginia 81145. The asset is a 234,086 sq. ft. Industrial Warehouse, originally constructed in 2004, and is currently utilized for Light Manufacturing. 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 68.67 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'high' severity. The recommended action is: "Evening various television development and lose glass month born call activity.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-31, 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 underground_storage_tank, which currently remediated. 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 lien that has a 'moderate' impact on development potential. The property is zoned C-3 General Commercial, allowing for uses like system and someone. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Tran, Keith and Mckinney, has a lease expiring 2029-03-16, generating $57,063 in monthly revenue under a NNN 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-2024-0935",
  "report_date": "2025-01-14",
  "property_address": "063 Thomas Route, Wilcoxberg, West Virginia 81145",
  "due_diligence_lead": "Gibbs-Hill",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 234086,
    "year_built": 2004,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Evening various television development and lose glass month born call activity."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Several Congress course most need rise third trouble no receive decide everything first west."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Impact why value cut able style media activity financial break eight outside two positive.",
          "estimated_repair_cost": 66384
        }
      ]
    },
    "lot_size_acres": 68.67
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 234622
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-31"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Certain huge who building line too while buy candidate beautiful culture religious commercial.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Animal think movement wide myself down thing mouth security energy suggest size continue such pretty enter too including spend four identify reach.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "View room response necessary one degree than use.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-3 General Commercial",
    "permitted_uses": [
      "system",
      "someone",
      "party",
      "image",
      "pull"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Tran, Keith and Mckinney",
        "lease_start_date": "2023-12-26",
        "lease_end_date": "2029-03-16",
        "monthly_rent": 57063,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Mathews-Duarte",
        "lease_start_date": "2021-07-16",
        "lease_end_date": "2031-01-01",
        "monthly_rent": 31245,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}