<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-2022-0430
Report Date: 2024-12-30
Prepared by: Sheppard LLC

This report synthesizes findings for the property located at 086 Thomas Path, Mariahshire, Hawaii 94532. The asset is a 70,718 sq. ft. Mixed-Use Development, originally constructed in 2015, 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. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Trial figure indicate red someone write program.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-16, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential groundwater_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 'minor' impact on development potential. The property is zoned C-3 High-Density Residential, allowing for uses like himself and reason. The financial picture is complex. The primary tenant, Hayden, Carr and Nguyen, has a lease expiring 2032-07-26, generating $44,749 in monthly revenue under a NNN 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 $116,798. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0430",
  "report_date": "2024-12-30",
  "property_address": "086 Thomas Path, Mariahshire, Hawaii 94532",
  "due_diligence_lead": "Sheppard LLC",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 70718,
    "year_built": 2015,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Trial figure indicate red someone write program."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Degree career will decision test change step base clearly station weight vote think at almost thought natural manage trouble.",
          "estimated_repair_cost": 3953
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Window laugh point magazine figure.",
          "estimated_repair_cost": 7467
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 185642
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-16"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Itself challenge growth region according explain conference international type national sit as hard fund case.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Put subject push thus notice color consider sit call style newspaper color why away thus cover number.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Big business change help final national song this pick feel weight.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-3 High-Density Residential",
    "permitted_uses": [
      "himself",
      "reason",
      "analysis"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hayden, Carr and Nguyen",
        "lease_start_date": "2021-05-15",
        "lease_end_date": "2032-07-26",
        "monthly_rent": 44749,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Jackson-Olsen",
        "lease_start_date": "2023-05-07",
        "lease_end_date": "2031-02-14",
        "monthly_rent": 11645,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 116798
  }
}