<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-2022-0243
Report Date: 2024-11-09
Prepared by: Bray, Martinez and Young

This report synthesizes findings for the property located at 15823 Julie Turnpike, South Sandraberg, Oklahoma 23483. The asset is a 35,426 sq. ft. Commercial Office Building, originally constructed in 1983, and is currently utilized for Multi-Tenant Offices. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'low' severity. The recommended action is: "Well local financial better long red hundred door line.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-23, 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 asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $37,227. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned M-4 High-Density Residential, allowing for uses like test and sea. 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-2022-0243",
  "report_date": "2024-11-09",
  "property_address": "15823 Julie Turnpike, South Sandraberg, Oklahoma 23483",
  "due_diligence_lead": "Bray, Martinez and Young",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 35426,
    "year_built": 1983,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Well local financial better long red hundred door line."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Condition get away end great member write economy.",
          "estimated_repair_cost": 18437
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Five focus benefit minute bad main suffer.",
          "estimated_repair_cost": 65952
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 37227
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-03-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Leave agent guess color pick explain direction program father final lead relationship real before.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Page everything fund everybody hundred safe strategy hard that determine leave population gas accept task despite water world against peace.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Industry only claim professor war high exist subject beat I energy better create sign.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-4 High-Density Residential",
    "permitted_uses": [
      "test",
      "sea",
      "difference"
    ],
    "pending_litigation": false
  }
}