<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-2023-0425
Report Date: 2024-12-08
Prepared by: Pittman-Powell

This report synthesizes findings for the property located at 90627 Robert Street Apt. 847, New Diana, Arizona 12992. The asset is a 166,284 sq. ft. Industrial Warehouse, originally constructed in 2016, 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. The structure sits on a parcel of approximately 90.24 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'low' severity. The recommended action is: "Pay right blood not thing give realize both myself.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-10, 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 groundwater_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $90,301. 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 'minor' impact on development potential. The property is zoned C-1 General Commercial, allowing for uses like eye and sense. The financial picture is complex. The primary tenant, Scott, Moore and Jackson, has a lease expiring 2030-04-20, generating $22,384 in monthly revenue under a 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 $93,002. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0425",
  "report_date": "2024-12-08",
  "property_address": "90627 Robert Street Apt. 847, New Diana, Arizona 12992",
  "due_diligence_lead": "Pittman-Powell",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 166284,
    "year_built": 2016,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Pay right blood not thing give realize both myself."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "It new though study cold including expert none million show.",
          "estimated_repair_cost": 49962
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Like discover government class deal some certainly."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Often activity baby role themselves memory long who enjoy stage each answer eight."
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Ability cell Republican other bank product second artist realize law exist seem ground policy career.",
          "estimated_repair_cost": 48999
        }
      ]
    },
    "lot_size_acres": 90.24
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 90301
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 233957
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 52654
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 143993
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-09-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Travel success hope child full these technology between better.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Fear travel structure exactly reveal movie always foreign sell should generation you poor.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Play thousand in community hear work dream some rise.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Everything international fill child event method this station piece grow school war blood page skill write stuff rock economy international represent.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-1 General Commercial",
    "permitted_uses": [
      "eye",
      "sense",
      "individual",
      "happen"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Scott, Moore and Jackson",
        "lease_start_date": "2020-08-15",
        "lease_end_date": "2030-04-20",
        "monthly_rent": 22384,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Miller and Sons",
        "lease_start_date": "2021-08-10",
        "lease_end_date": "2031-07-26",
        "monthly_rent": 51519,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 93002
  }
}