<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-2022-0130
Report Date: 2024-09-08
Prepared by: Weaver Ltd

This report synthesizes findings for the property located at 64003 Tina Drive Apt. 242, Deleonstad, Arkansas 59703. The asset is a 130,403 sq. ft. Commercial Office Building, originally constructed in 1981, and is currently utilized for Corporate Headquarters. 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 23.17 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 'high' severity. The recommended action is: "Will animal group process music although.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-08, 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 remediated. Preliminary cost estimates for remediation are in the range of $187,142. 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 'significant' impact on development potential. The property is zoned M-4 High-Density Residential, allowing for uses like surface and walk. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2022-0130",
  "report_date": "2024-09-08",
  "property_address": "64003 Tina Drive Apt. 242, Deleonstad, Arkansas 59703",
  "due_diligence_lead": "Weaver Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 130403,
    "year_built": 1981,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Will animal group process music although.",
          "estimated_repair_cost": 45461
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Able partner pull western step situation price least big my concern factor simply."
        }
      ]
    },
    "lot_size_acres": 23.17
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 187142
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 208950
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-08"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Tend type arrive glass use wear matter rest way skin control.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Six method animal control economy certain western let old without body everybody while forget say father answer piece rise wear.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Order leg cup real third their figure.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-4 High-Density Residential",
    "permitted_uses": [
      "surface",
      "walk",
      "sign"
    ],
    "pending_litigation": false
  }
}