<format type="json">{report_id: string, property_address: string, report_date: date, report_author_firm: string, overall_risk_assessment: string, estimated_remediation_cost_usd: number optional, structural_assessment: {foundation: {condition: string, issues_identified: list[string], notes: string optional}, framing: {condition: string, issues_identified: list[string], notes: string optional}, roofing: {material: string, age_years: number, condition: string, recommended_action: string optional}}, environmental_findings: {phase_i_esa_status: string, recognized_environmental_conditions: list[{type: string, description: string, severity: string, recommended_action: string optional}], asbestos_containing_materials_present: boolean, lead_based_paint_present: boolean}, building_systems: list[{system_type: string, components_summary: list[{component_name: string, condition: string, estimated_lifespan_remaining_years: number optional, issues: list[string] optional}], overall_system_condition: string, system_recommendations: string optional}], title_encumbrances: list[{type: string, description: string, impact_assessment: string}], capital_expenditure_projections: list[{item: string, category: string, estimated_cost_usd: number, timeline_years: number}], key_due_diligence_recommendations: list[string], summary_narrative: string optional}</format> <data>EXECUTIVE SUMMARY: COMMERCIAL PROPERTY DUE DILIGENCE REPORT
Report ID: DDR-2025-9517
Date of Report: 2025-06-13
Subject Property: 805 Rhonda Lodge, Lisaville, Rhode Island 44792
Prepared by: Cole-Petersen

This report, commissioned by our client, synthesizes the findings from a comprehensive due diligence investigation of the subject property. The inspection, conducted on a brisk weekday, revealed a high risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, College fine something when car must. Democrat success attack talk among turn turn. Choose choose two finally body record. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating spalling concrete. Specialist notes recommend: 'Rate suggest spring serious number who on picture different.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 29 years, its condition is poor, and our recommendation is a full replacement recommended within next 1-3 years. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Electrical system is in Poor condition. The Main Switchgear exhibits issues such as nearing end of useful life, inefficient operation. The Site Lighting exhibits issues such as corrosion noted, inefficient operation. The HVAC system is in Poor condition. The Chiller exhibits issues such as inefficient operation, requires immediate service. The Boiler exhibits issues such as nearing end of useful life. The Plumbing system is in Fair condition. The Drainage Lines exhibits issues such as corrosion noted. The Fire Safety system is in Poor condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $402,178 in required expenditures over the next decade. This includes approximately $185,002 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $402,178. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Rodriguez-Nichols holds a encroachment for cultivate mission-critical partnerships.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of chiller.; Obtain proposals for replacement of main switchgear.; Obtain proposals for replacement of boiler.; Obtain proposals for replacement of site lighting..</data>
{
  "report_id": "DDR-2025-9517",
  "property_address": "805 Rhonda Lodge, Lisaville, Rhode Island 44792",
  "report_date": "2025-06-13",
  "report_author_firm": "Cole-Petersen",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "spalling concrete"
      ],
      "notes": "Rate suggest spring serious number who on picture different."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 29,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 10,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Rodriguez-Nichols holds a encroachment for cultivate mission-critical partnerships.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Wang-Cervantes holds a encroachment for synthesize distributed interfaces.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 185002,
      "timeline_years": 2
    },
    {
      "item": "Main Switchgear Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 51833,
      "timeline_years": 4
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 59487,
      "timeline_years": 3
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 52876,
      "timeline_years": 5
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 52980,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of main switchgear.",
    "Obtain proposals for replacement of boiler.",
    "Obtain proposals for replacement of site lighting."
  ],
  "estimated_remediation_cost_usd": 402178,
  "summary_narrative": "College fine something when car must. Democrat success attack talk among turn turn. Choose choose two finally body record."
}