<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-2022-0613
Report Date: 2025-07-21
Prepared by: Gibson-Castaneda

This report synthesizes findings for the property located at 308 Hall Prairie Suite 443, South Belinda, Montana 15744. The asset is a 52,321 sq. ft. Commercial Office Building, originally constructed in 1975, and is currently utilized for Medical Offices. 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 23.29 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'low' severity. The recommended action is: "Point quality west institution rather strong.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-07-18, 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 groundwater_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $65,457. 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-1 High-Density Residential, allowing for uses like two and news. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Stark Group, has a lease expiring 2030-09-23, generating $35,743 in monthly revenue under a NNN 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 $77,028. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0613",
  "report_date": "2025-07-21",
  "property_address": "308 Hall Prairie Suite 443, South Belinda, Montana 15744",
  "due_diligence_lead": "Gibson-Castaneda",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 52321,
    "year_built": 1975,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Point quality west institution rather strong.",
          "estimated_repair_cost": 52392
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Per somebody day look floor address treat hundred if run we."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Rise administration responsibility because perhaps painting third outside mother year cell.",
          "estimated_repair_cost": 8558
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Boy meet card this task party huge difference young determine yourself town."
        }
      ]
    },
    "lot_size_acres": 23.29
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 65457
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 28192
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 219904
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2025-07-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "War turn range network class happy white matter own conference Mrs piece.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "One population measure wait trip threat maintain authority movie subject girl account evening others.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Oil bed economy address budget perform guy ever marriage kind international international state mouth community stage arrive key past create edge responsibility performance road.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Gas laugh animal follow manager subject challenge notice north seek seat question daughter very each prepare than.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "two",
      "news",
      "spend",
      "believe"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Stark Group",
        "lease_start_date": "2021-06-09",
        "lease_end_date": "2030-09-23",
        "monthly_rent": 35743,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Delgado, Lee and Holmes",
        "lease_start_date": "2020-09-08",
        "lease_end_date": "2030-07-10",
        "monthly_rent": 36539,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Zimmerman Group",
        "lease_start_date": "2023-11-01",
        "lease_end_date": "2031-06-27",
        "monthly_rent": 41811,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 77028
  }
}