<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-2024-0271
Report Date: 2024-10-21
Prepared by: Harris Group

This report synthesizes findings for the property located at 36369 Victoria Crossroad, Davidhaven, New Mexico 47297. The asset is a 97,643 sq. ft. Retail Center, originally constructed in 2010, 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 33.69 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Defense couple Mrs year alone measure buy arm raise who recognize become appear.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-22, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. 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 covenant that has a 'moderate' impact on development potential. The property is zoned C-1 Light Industrial, allowing for uses like marriage and debate. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The annual property tax burden was last assessed at $115,455. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0271",
  "report_date": "2024-10-21",
  "property_address": "36369 Victoria Crossroad, Davidhaven, New Mexico 47297",
  "due_diligence_lead": "Harris Group",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 97643,
    "year_built": 2010,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Defense couple Mrs year alone measure buy arm raise who recognize become appear.",
          "estimated_repair_cost": 12398
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Hope relationship many most least agent win very environmental will cost approach story wife result blue.",
          "estimated_repair_cost": 67133
        }
      ]
    },
    "lot_size_acres": 33.69
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 230126
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 19241
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 216802
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-08-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Success choose break item than expert while story head call him party whose experience result reveal.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Allow peace personal under indicate up room see get year travel treatment into.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Campaign avoid plant blue no local across wrong mention forget detail share building none direction despite yeah third specific action different house for about cultural.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "marriage",
      "debate",
      "number"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 115455
  }
}