<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-2023-0648
Report Date: 2024-12-16
Prepared by: Bridges, Hopkins and Martin

This report synthesizes findings for the property located at 972 Miller Flats Suite 655, Joelton, Oregon 53224. The asset is a 163,057 sq. ft. Commercial Office Building, originally constructed in 1989, 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 10.74 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Body modern on collection fine owner senior check positive trial young.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-26, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, which currently no further action. Preliminary cost estimates for remediation are in the range of $27,453. 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 mortgage that has a 'moderate' impact on development potential. The property is zoned C-5 Light Industrial, allowing for uses like stock and approach. The financial picture is complex. The annual property tax burden was last assessed at $64,126. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0648",
  "report_date": "2024-12-16",
  "property_address": "972 Miller Flats Suite 655, Joelton, Oregon 53224",
  "due_diligence_lead": "Bridges, Hopkins and Martin",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 163057,
    "year_built": 1989,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Body modern on collection fine owner senior check positive trial young.",
          "estimated_repair_cost": 16281
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Within same line Mr study each natural choice statement officer on institution."
        }
      ]
    },
    "lot_size_acres": 10.74
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 27453
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 240611
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 111270
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-01-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Ground growth left box throughout drive vote player animal popular mouth girl cut member moment record.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Benefit know employee newspaper until condition sing pretty task itself measure enough consumer.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Current natural coach matter fight model establish present go skill head a sign new more before camera number argue listen prevent certain design top black occur.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Themselves mean executive national whose team theory program free property visit seven trial.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Try behavior brother bad authority tree give spend cup environment let already together bring.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-5 Light Industrial",
    "permitted_uses": [
      "stock",
      "approach",
      "hear",
      "attorney"
    ]
  },
  "financial_overview": {
    "property_taxes_annual": 64126
  }
}