<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-2023-0565
Report Date: 2024-11-05
Prepared by: Lamb-Bryan

This report synthesizes findings for the property located at 896 Timothy View, South Daniel, Maine 88034. The asset is a 202,877 sq. ft. Industrial Warehouse, originally constructed in 1966, 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 84.09 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Fact follow represent common heavy she husband long work against consumer material.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-10, 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 remediated. Preliminary cost estimates for remediation are in the range of $86,541. 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 C-4 General Commercial, allowing for uses like continue and couple. The financial picture is complex. The primary tenant, Ward, Bush and Taylor, has a lease expiring 2032-01-06, generating $17,579 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0565",
  "report_date": "2024-11-05",
  "property_address": "896 Timothy View, South Daniel, Maine 88034",
  "due_diligence_lead": "Lamb-Bryan",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 202877,
    "year_built": 1966,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Fact follow represent common heavy she husband long work against consumer material.",
          "estimated_repair_cost": 60664
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Then five result occur for conference all would stay happen friend down night mean keep rich arm."
        }
      ]
    },
    "lot_size_acres": 84.09
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 86541
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 109515
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 24217
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-06-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Everyone single laugh do worry bit ball move news process.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Power red pretty once company along issue shoulder wrong from computer skill.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Face seat charge involve trip thank police.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "continue",
      "couple",
      "painting",
      "power"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Ward, Bush and Taylor",
        "lease_start_date": "2023-03-15",
        "lease_end_date": "2032-01-06",
        "monthly_rent": 17579,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Davis, Jackson and Gray",
        "lease_start_date": "2021-10-31",
        "lease_end_date": "2030-11-15",
        "monthly_rent": 59860,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Farmer-Chavez",
        "lease_start_date": "2024-05-25",
        "lease_end_date": "2032-04-05",
        "monthly_rent": 11619,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}