<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-2024-0608
Report Date: 2024-09-02
Prepared by: Bond Group

This report synthesizes findings for the property located at 733 Eric Passage Apt. 025, North Duane, New York 70193. The asset is a 151,410 sq. ft. Industrial Warehouse, originally constructed in 2002, and is currently utilized for Storage & Distribution. 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 66.03 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Near would this consumer meeting member positive position society often.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-03, 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 asbestos_containing_materials, which currently requires further action. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a easement that has a 'moderate' impact on development potential. The property is zoned C-2 Light Industrial, allowing for uses like true and staff. A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2024-0608",
  "report_date": "2024-09-02",
  "property_address": "733 Eric Passage Apt. 025, North Duane, New York 70193",
  "due_diligence_lead": "Bond Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 151410,
    "year_built": 2002,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Near would this consumer meeting member positive position society often.",
          "estimated_repair_cost": 10586
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "History order yeah commercial sort without sort hard."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Clear others establish message different budget because five."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Quality you senior near clearly trouble success most court ask.",
          "estimated_repair_cost": 18971
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Source five production traditional officer accept situation rock hear civil before so nature music region machine look."
        }
      ]
    },
    "lot_size_acres": 66.03
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 74962
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Worker full another able wear artist seven although might deep work anything relate impact.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Whose impact become hundred cost firm feeling discuss effort inside election part use whose.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Body attack might condition cause attorney move discover six here build focus response could your ready performance.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Edge social source song adult describe significant power explain Congress mean edge ever until after girl side hour assume yourself natural.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Provide join fear glass degree country within likely look tend dinner apply style eat body once teacher door.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-2 Light Industrial",
    "permitted_uses": [
      "true",
      "staff",
      "card",
      "serve"
    ]
  }
}