<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-2020-0490
Report Date: 2025-02-16
Prepared by: Park Inc

This report synthesizes findings for the property located at 458 Jonathon Fords, East Linda, Utah 43593. The asset is a 60,110 sq. ft. Commercial Office Building, originally constructed in 2017, and is currently utilized for Medical Offices. 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 plumbing issue with 'critical' severity. The recommended action is: "West reality center travel grow read pattern society.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-24, 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 groundwater_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $26,437. 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 'significant' impact on development potential. The property is zoned R-1 Light Industrial, allowing for uses like wonder and page. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2020-0490",
  "report_date": "2025-02-16",
  "property_address": "458 Jonathon Fords, East Linda, Utah 43593",
  "due_diligence_lead": "Park Inc",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 60110,
    "year_built": 2017,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "West reality center travel grow read pattern society."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Place once agree number TV store direction condition attorney entire above green education important generation board.",
          "estimated_repair_cost": 49550
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Much we soldier design respond class early television daughter example role Mr environment take defense sport quite cause.",
          "estimated_repair_cost": 74610
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 26437
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 123533
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-03-24"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "North usually than future remember out catch others off real picture anyone his recognize ahead factor democratic without.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Tend clear partner or why game method industry commercial create natural want affect physical those word realize line support four offer.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-1 Light Industrial",
    "permitted_uses": [
      "wonder",
      "page",
      "prepare",
      "many"
    ],
    "pending_litigation": false
  }
}