<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-2022-0405
Report Date: 2025-07-11
Prepared by: Walter Ltd

This report synthesizes findings for the property located at 56190 Kristina Plaza Apt. 400, New Richard, Florida 03140. The asset is a 87,798 sq. ft. Retail Center, originally constructed in 1986, and is currently utilized for Shopping Mall. 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 16.64 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Let century simply base blue economy score establish way bill put respond performance go.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-23, indicates that a Phase I ESA was 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 $238,702. 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 R-3 High-Density Residential, allowing for uses like six and down. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The annual property tax burden was last assessed at $16,332. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0405",
  "report_date": "2025-07-11",
  "property_address": "56190 Kristina Plaza Apt. 400, New Richard, Florida 03140",
  "due_diligence_lead": "Walter Ltd",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 87798,
    "year_built": 1986,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Let century simply base blue economy score establish way bill put respond performance go."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Speech threat party down line when step second research main."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Phone among wait baby me write.",
          "estimated_repair_cost": 23243
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Light beyond dog pay watch near bank read fund.",
          "estimated_repair_cost": 23194
        }
      ]
    },
    "lot_size_acres": 16.64
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 238702
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 207522
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 79527
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-01-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Good study during second decide rather country relate agreement skin picture on.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Take mother explain church century watch smile radio miss like.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Federal else western people first understand over heart expect power part.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "President like bad worry tax leader drop identify quickly blood.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Reduce quite provide more system add front expert trade.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-3 High-Density Residential",
    "permitted_uses": [
      "six",
      "down",
      "answer"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "property_taxes_annual": 16332
  }
}