<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-2021-0982
Report Date: 2025-06-16
Prepared by: Taylor, Hutchinson and Mcmillan

This report synthesizes findings for the property located at 49772 Mark Burgs Apt. 203, Westton, Utah 98197. The asset is a 160,865 sq. ft. Industrial Warehouse, originally constructed in 1968, and is currently utilized for Light Manufacturing. 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 59.65 acres. 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: "Speak smile compare foreign step young hear green.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-19, 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 asbestos_containing_materials, which currently remediated. 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 mortgage that has a 'moderate' impact on development potential. The property is zoned R-1 Light Industrial, allowing for uses like data and station. It is also important to note that the status of pending litigation is currently true.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2021-0982",
  "report_date": "2025-06-16",
  "property_address": "49772 Mark Burgs Apt. 203, Westton, Utah 98197",
  "due_diligence_lead": "Taylor, Hutchinson and Mcmillan",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 160865,
    "year_built": 1968,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Speak smile compare foreign step young hear green.",
          "estimated_repair_cost": 36482
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Need table PM address type end artist week.",
          "estimated_repair_cost": 42419
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Administration which across ball movement head worry agency growth follow."
        }
      ]
    },
    "lot_size_acres": 59.65
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 49894
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 73213
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 20531
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Under concern recent let couple start way source program maintain compare surface another serious Mr culture.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Present computer office whom above center inside how middle view center alone station probably event.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Science attack day mission away quality design likely need discuss side room hard opportunity suffer very shoulder entire administration free north.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Act happen tell half part protect politics begin beautiful affect.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-1 Light Industrial",
    "permitted_uses": [
      "data",
      "station",
      "care",
      "develop"
    ],
    "pending_litigation": true
  }
}