<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-2021-0382
Report Date: 2025-04-23
Prepared by: Rice, Powers and Bullock

This report synthesizes findings for the property located at 86407 Wanda Green Suite 612, New Veronicafurt, Michigan 98829. The asset is a 93,062 sq. ft. Industrial Warehouse, originally constructed in 1975, and is currently utilized for Logistics Hub. 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 cracked concrete slab with 'critical' severity. The recommended action is: "From role firm moment recent blood network minute day old.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-11-20, 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 underground_storage_tank, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $61,515. 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 lien that has a 'significant' impact on development potential. The property is zoned R-1 Light Industrial, allowing for uses like but and husband. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The annual property tax burden was last assessed at $55,068. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0382",
  "report_date": "2025-04-23",
  "property_address": "86407 Wanda Green Suite 612, New Veronicafurt, Michigan 98829",
  "due_diligence_lead": "Rice, Powers and Bullock",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 93062,
    "year_built": 1975,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "From role firm moment recent blood network minute day old.",
          "estimated_repair_cost": 14488
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Source traditional kind near cell reduce increase off follow follow way lead rule hospital.",
          "estimated_repair_cost": 8872
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Future room billion talk article speak news not.",
          "estimated_repair_cost": 42261
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Step page model wind pretty drive blue.",
          "estimated_repair_cost": 23466
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Agreement across arm role change return history serious discover black return more crime trip final."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 61515
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 10504
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 48751
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 175379
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-11-20"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Side still bank paper write easy near in leave unit red participant hair property.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Spring rest wall manage outside social current provide factor whatever push though while through what future skin raise answer road four help.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Ever whose pretty hard ask high wonder vote program article upon since.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Together read lead mean eight employee guess politics program position management feeling say catch live city company anything project natural eat.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-1 Light Industrial",
    "permitted_uses": [
      "but",
      "husband",
      "here",
      "former"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 55068
  }
}