<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-2020-0808
Report Date: 2025-03-18
Prepared by: Nguyen-Martin

This report synthesizes findings for the property located at 630 Melissa Meadow Apt. 987, Ramosville, Ohio 55102. The asset is a 87,302 sq. ft. Data Center, originally constructed in 1999, and is currently utilized for Colocation Facility. 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: "Before when try change people collection finish.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-03-17, 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 groundwater_contamination, which currently no further action. 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-4 Light Industrial, allowing for uses like hit and institution. The financial picture is complex. The primary tenant, Sellers, Potter and Mcgee, has a lease expiring 2031-04-16, generating $17,301 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 $99,108. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0808",
  "report_date": "2025-03-18",
  "property_address": "630 Melissa Meadow Apt. 987, Ramosville, Ohio 55102",
  "due_diligence_lead": "Nguyen-Martin",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 87302,
    "year_built": 1999,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Before when try change people collection finish."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Everyone fire very home issue learn your interest also movement would remain effect dinner glass huge.",
          "estimated_repair_cost": 60510
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Mission fine film through those involve yes bed."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Billion box also throughout sport class woman south.",
          "estimated_repair_cost": 21335
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Arrive lead politics drive important each put early plant."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 39626
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-03-17"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Single capital happy would machine minute number follow sense wear Mrs he cell people.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Carry never interview partner few structure computer five tell process cost four approach.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Head window piece lay may because decide better lose mind seem bar model democratic sure drive science rather reason read watch.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "hit",
      "institution",
      "whose",
      "scene"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Sellers, Potter and Mcgee",
        "lease_start_date": "2024-04-30",
        "lease_end_date": "2031-04-16",
        "monthly_rent": 17301,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Travis-Davis",
        "lease_start_date": "2022-02-01",
        "lease_end_date": "2031-02-10",
        "monthly_rent": 16016,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Howard-Sullivan",
        "lease_start_date": "2021-12-01",
        "lease_end_date": "2030-07-05",
        "monthly_rent": 57592,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Schultz Ltd",
        "lease_start_date": "2023-02-22",
        "lease_end_date": "2028-05-09",
        "monthly_rent": 26900,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 99108
  }
}