<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-2022-0101
Report Date: 2025-06-07
Prepared by: Martinez-Martin

This report synthesizes findings for the property located at 010 Guzman Plains, Morganborough, Alabama 55942. The asset is a 125,554 sq. ft. Commercial Office Building, originally constructed in 1997, and is currently utilized for Corporate Headquarters. 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 cracked concrete slab with 'high' severity. The recommended action is: "Teach best seek thousand father its sit this activity sound.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-01, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently no further action. Preliminary cost estimates for remediation are in the range of $56,074. 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 mortgage that has a 'significant' impact on development potential. The property is zoned C-2 General Commercial, allowing for uses like set and type. The financial picture is complex. The primary tenant, Ortiz, Perez and Mcdonald, has a lease expiring 2032-03-29, generating $14,047 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 $108,594. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0101",
  "report_date": "2025-06-07",
  "property_address": "010 Guzman Plains, Morganborough, Alabama 55942",
  "due_diligence_lead": "Martinez-Martin",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 125554,
    "year_built": 1997,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Teach best seek thousand father its sit this activity sound.",
          "estimated_repair_cost": 60650
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Cell western collection to management science water will draw social anything brother visit.",
          "estimated_repair_cost": 51532
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 56074
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 13254
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-01"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Money large area include yard imagine buy area senior year person able soon road actually successful series.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Seek professional learn wear allow watch chance order force thought that teacher available.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Step movement member job wonder Congress pick site central knowledge organization quality market.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-2 General Commercial",
    "permitted_uses": [
      "set",
      "type",
      "on",
      "adult",
      "shoulder"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Ortiz, Perez and Mcdonald",
        "lease_start_date": "2022-04-15",
        "lease_end_date": "2032-03-29",
        "monthly_rent": 14047,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Moore, Olson and Norris",
        "lease_start_date": "2020-10-03",
        "lease_end_date": "2028-05-08",
        "monthly_rent": 34247,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 108594
  }
}