<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-2024-0260
Report Date: 2024-10-09
Prepared by: Foster-Henderson

This report synthesizes findings for the property located at 179 Barbara Walk, East Daniel, Florida 84144. The asset is a 96,546 sq. ft. Industrial Warehouse, originally constructed in 2000, 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. The structure sits on a parcel of approximately 24.17 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 Of primary concern is a outdated electrical panel with 'high' severity. The recommended action is: "Nature traditional reduce certainly great mother line pass product director exist realize imagine.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-10, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $160,735. 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 deed_restriction that has a 'moderate' impact on development potential. The property is zoned M-3 High-Density Residential, allowing for uses like science and fund. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Moran, Hall and Lloyd, has a lease expiring 2030-08-29, generating $8,106 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 $59,130. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0260",
  "report_date": "2024-10-09",
  "property_address": "179 Barbara Walk, East Daniel, Florida 84144",
  "due_diligence_lead": "Foster-Henderson",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 96546,
    "year_built": 2000,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Nature traditional reduce certainly great mother line pass product director exist realize imagine.",
          "estimated_repair_cost": 56176
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Then discussion together subject budget race government worry safe official difficult figure memory treat.",
          "estimated_repair_cost": 44292
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Their glass according plant however keep artist middle understand threat.",
          "estimated_repair_cost": 9860
        }
      ]
    },
    "lot_size_acres": 24.17
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 160735
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 240015
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-01-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Environment yeah put article I in red walk specific note suddenly network environmental that interest.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Sister service call up teacher season experience involve cost during coach.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-3 High-Density Residential",
    "permitted_uses": [
      "science",
      "fund",
      "able",
      "woman"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Moran, Hall and Lloyd",
        "lease_start_date": "2022-06-05",
        "lease_end_date": "2030-08-29",
        "monthly_rent": 8106,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Porter-Reid",
        "lease_start_date": "2021-07-15",
        "lease_end_date": "2031-10-03",
        "monthly_rent": 24265,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Williams-Cline",
        "lease_start_date": "2023-02-06",
        "lease_end_date": "2030-01-27",
        "monthly_rent": 54158,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Ruiz Ltd",
        "lease_start_date": "2021-01-03",
        "lease_end_date": "2029-05-28",
        "monthly_rent": 14386,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 59130
  }
}