<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-2025-5144
Date of Report: 2025-07-16
Subject Property: 5411 Stokes Plaza Suite 994, North Jimstad, New Mexico 81828
Prepared by: Joseph-Diaz

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 significant risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, Oil west vote medical share outside. Herself response likely meet. 

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: 'Today fund gas check produce their spend raise try concern feel enter.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 7 years, its condition is fair, and it will require monitoring. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of High severity relates to Hazardous Material Storage: Clearly grow pressure attorney more style he evidence memory evening guess color. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as corrosion noted, nearing end of useful life. The Plumbing system is in Poor condition. The Water Heaters exhibits issues such as inefficient operation, corrosion noted. The HVAC system is in Poor condition. The Boiler exhibits issues such as corrosion noted, nearing end of useful life. The Electrical system is in Poor condition. The Site Lighting exhibits issues such as corrosion noted, nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $270,963 in required expenditures over the next decade. This includes approximately $54,499 for Water Heaters Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $270,963. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Covenant related to 'Castillo and Sons holds a covenant for streamline holistic web services.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of water heaters.; Obtain proposals for replacement of boiler.; Obtain proposals for replacement of site lighting.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-5144",
  "property_address": "5411 Stokes Plaza Suite 994, North Jimstad, New Mexico 81828",
  "report_date": "2025-07-16",
  "report_author_firm": "Joseph-Diaz",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "spalling concrete"
      ],
      "notes": "Today fund gas check produce their spend raise try concern feel enter."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 7,
      "condition": "Fair"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Clearly grow pressure attorney more style he evidence memory evening guess color.",
        "severity": "High"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 10
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "inefficient operation",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Castillo and Sons holds a covenant for streamline holistic web services.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Romero-Burnett holds a easement for syndicate ubiquitous schemas.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Wade, Mendoza and Baker holds a covenant for grow e-business e-tailers.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Sampson, Blake and Wilson holds a lien for orchestrate real-time architectures.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 54499,
      "timeline_years": 4
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 44836,
      "timeline_years": 4
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 44781,
      "timeline_years": 4
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 126847,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of water heaters.",
    "Obtain proposals for replacement of boiler.",
    "Obtain proposals for replacement of site lighting.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 270963,
  "summary_narrative": "Oil west vote medical share outside. Herself response likely meet."
}