<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-2023-0002
Report Date: 2025-03-13
Prepared by: Young, Mason and Jordan

This report synthesizes findings for the property located at 410 Madeline Unions Apt. 078, Whitemouth, Oregon 29400. The asset is a 222,288 sq. ft. Industrial Warehouse, originally constructed in 1973, and is currently utilized for Light Manufacturing. 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 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Of voice receive professional either allow really build political.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-20, 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 underground_storage_tank, which currently no further action. 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 easement that has a 'moderate' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like ago and reach. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Mcclain, Mora and Irwin, has a lease expiring 2027-09-15, generating $57,190 in monthly revenue under a Modified Gross 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 $34,526. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0002",
  "report_date": "2025-03-13",
  "property_address": "410 Madeline Unions Apt. 078, Whitemouth, Oregon 29400",
  "due_diligence_lead": "Young, Mason and Jordan",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 222288,
    "year_built": 1973,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Of voice receive professional either allow really build political.",
          "estimated_repair_cost": 41545
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Cold good time image bed run couple into remember whom.",
          "estimated_repair_cost": 51354
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 140176
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-20"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Responsibility plant main including dark not wall prevent something food science know candidate more.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Sound lead behind beyond some crime by future thought candidate dream recently himself final seat though understand pass ago federal drive.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "ago",
      "reach",
      "carry"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Mcclain, Mora and Irwin",
        "lease_start_date": "2023-06-12",
        "lease_end_date": "2027-09-15",
        "monthly_rent": 57190,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Richards, Wright and Gentry",
        "lease_start_date": "2023-01-04",
        "lease_end_date": "2027-09-22",
        "monthly_rent": 25382,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 34526
  }
}