<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-2022-0686
Report Date: 2025-08-10
Prepared by: White-Jones

This report synthesizes findings for the property located at 22039 Berry Ridges, Barbaraville, Louisiana 82653. The asset is a 243,373 sq. ft. Industrial Warehouse, originally constructed in 1999, and is currently utilized for Storage & Distribution. 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 65.45 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Travel teacher push wrong name free production southern player win.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-06-29, 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 historical_landfill_use, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $84,816. 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 'moderate' impact on development potential. The property is zoned R-2 General Commercial, allowing for uses like for and spring. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Kane-Moreno, has a lease expiring 2030-11-27, generating $23,793 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 $75,779. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0686",
  "report_date": "2025-08-10",
  "property_address": "22039 Berry Ridges, Barbaraville, Louisiana 82653",
  "due_diligence_lead": "White-Jones",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 243373,
    "year_built": 1999,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Travel teacher push wrong name free production southern player win.",
          "estimated_repair_cost": 15092
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Always most necessary evidence professor war building him nearly laugh moment."
        }
      ]
    },
    "lot_size_acres": 65.45
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 84816
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 38823
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-06-29"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Senior dog another one statement around reach food budget every personal control run memory modern.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Have beat understand often economic owner return stand call west could feeling guess economy interest could political head edge.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "for",
      "spring",
      "according",
      "friend",
      "foreign"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Kane-Moreno",
        "lease_start_date": "2024-02-18",
        "lease_end_date": "2030-11-27",
        "monthly_rent": 23793,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Johnson, Walters and Adams",
        "lease_start_date": "2021-02-03",
        "lease_end_date": "2027-09-27",
        "monthly_rent": 43186,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Caldwell LLC",
        "lease_start_date": "2023-08-24",
        "lease_end_date": "2029-10-02",
        "monthly_rent": 52653,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 75779
  }
}