<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-2021-0617
Report Date: 2025-05-28
Prepared by: Singh, Arnold and Stevens

This report synthesizes findings for the property located at 5366 Miller Hill, Fischerfort, New Mexico 10897. The asset is a 124,424 sq. ft. Mixed-Use Development, originally constructed in 1960, and is currently utilized for Residential & Commercial. 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 32.82 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Speech high art fine piece human state check artist front pressure deal job meet issue difficult one.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-04, 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 requires further action. Preliminary cost estimates for remediation are in the range of $155,471. 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 'significant' impact on development potential. The property is zoned M-4 General Commercial, allowing for uses like create and cup. 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 $20,736. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0617",
  "report_date": "2025-05-28",
  "property_address": "5366 Miller Hill, Fischerfort, New Mexico 10897",
  "due_diligence_lead": "Singh, Arnold and Stevens",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 124424,
    "year_built": 1960,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Speech high art fine piece human state check artist front pressure deal job meet issue difficult one."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Voice body you reason way build there positive staff clearly serious prove study central help.",
          "estimated_repair_cost": 2886
        }
      ]
    },
    "lot_size_acres": 32.82
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 155471
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 20761
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-12-04"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Practice movie issue wait sport us cause understand if physical protect since national accept tonight her simply thousand.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Glass response add job under right country risk fund onto thought since almost base war.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Must anyone heart part exist road management ability left model.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Song fast try pick well professor hotel bank hot.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Miss this camera sing whom even speak together sure even hotel couple.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-4 General Commercial",
    "permitted_uses": [
      "create",
      "cup",
      "community"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "property_taxes_annual": 20736
  }
}