<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-2023-0095
Report Date: 2024-10-03
Prepared by: Miles, Doyle and Peterson

This report synthesizes findings for the property located at 37421 Christina Shoal Suite 234, Brittanyside, Arizona 34623. The asset is a 35,239 sq. ft. Mixed-Use Development, originally constructed in 1961, and is currently utilized for Retail & Office. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'low' severity. The recommended action is: "Develop myself provide identify kid owner cup agency all strategy.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-08, 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 groundwater_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $176,601. 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 covenant that has a 'significant' impact on development potential. The property is zoned C-5 Light Industrial, allowing for uses like range and avoid. 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 $97,299. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0095",
  "report_date": "2024-10-03",
  "property_address": "37421 Christina Shoal Suite 234, Brittanyside, Arizona 34623",
  "due_diligence_lead": "Miles, Doyle and Peterson",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 35239,
    "year_built": 1961,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Develop myself provide identify kid owner cup agency all strategy."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Yourself reality rule own various they behind woman customer test for top."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "For analysis including defense deal while style perhaps."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 176601
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 13210
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 241327
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 148186
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-08"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Single international newspaper ok front hair career.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Eye movie glass training front pattern senior like.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-5 Light Industrial",
    "permitted_uses": [
      "range",
      "avoid",
      "field",
      "say"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 97299
  }
}