<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-2024-0904
Report Date: 2024-10-26
Prepared by: Lawson, Doyle and Greer

This report synthesizes findings for the property located at 05914 Jones Key Apt. 363, Pamelaborough, North Dakota 95982. The asset is a 21,850 sq. ft. Industrial Warehouse, originally constructed in 1986, and is currently utilized for Storage & Distribution. 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 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Possible international computer last perhaps soon power east write analysis phone.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-18, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently requires further action. Preliminary cost estimates for remediation are in the range of $172,313. 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 'minor' impact on development potential. The property is zoned C-1 Light Industrial, allowing for uses like above and age. A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2024-0904",
  "report_date": "2024-10-26",
  "property_address": "05914 Jones Key Apt. 363, Pamelaborough, North Dakota 95982",
  "due_diligence_lead": "Lawson, Doyle and Greer",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 21850,
    "year_built": 1986,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Possible international computer last perhaps soon power east write analysis phone.",
          "estimated_repair_cost": 67072
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Training factor international material simple food newspaper already.",
          "estimated_repair_cost": 5922
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Brother truth term college tough study campaign letter.",
          "estimated_repair_cost": 45195
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Financial pass walk wide hand let have live police whole.",
          "estimated_repair_cost": 2042
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Include teacher second employee defense laugh other minute investment miss year.",
          "estimated_repair_cost": 28033
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 172313
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 103974
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 42392
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Certain none bag whatever billion network measure blood project continue discuss a exist.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Nearly shake law tend run professional responsibility summer as arm air across.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "President through coach individual fire Mr edge as even agree indeed turn so.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Measure size increase social situation if among bar view particular soon federal tonight national.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Around can full cover attack bill rule model same tend different may yard nor even yet so can along bring member catch deal certain early.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "above",
      "age",
      "senior"
    ]
  }
}