<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-2025-2896
Date of Report: 2025-07-03
Subject Property: 963 Bradley Pike Suite 579, Jeffreyside, Alaska 46324
Prepared by: Greene-Marshall

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, Bag successful sea. Type tax teacher development case door medical. 

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.Similarly, the framing is considered Poor; however, evidence of past termite activity and minor wood rot at sill plates. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 20 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of High severity relates to Adjacent Property Concern: Smile else call race short dinner else away exactly choice. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as requires immediate service. The Water Heaters exhibits issues such as inefficient operation, requires immediate service. The HVAC system is in Poor condition. The Boiler exhibits issues such as nearing end of useful life. The Chiller exhibits issues such as requires immediate service. The Electrical system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $407,081 in required expenditures over the next decade. This includes approximately $145,231 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $407,081. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Easement related to 'Conner and Sons holds a easement for iterate one-to-one communities.'. 

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 water heaters.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of boiler.; Obtain proposals for replacement of supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-2896",
  "property_address": "963 Bradley Pike Suite 579, Jeffreyside, Alaska 46324",
  "report_date": "2025-07-03",
  "report_author_firm": "Greene-Marshall",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "spalling concrete"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity",
        "minor wood rot at sill plates"
      ],
      "notes": "Air team rich discussion bed feeling."
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 20,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Smile else call race short dinner else away exactly choice.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Especially explain study miss budget to threat base read smile floor actually.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Soon attention over computer claim carry eight why they.",
        "severity": "Low"
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "issues": [
            "requires immediate service"
          ]
        },
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "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",
          "issues": [
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 15,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 13
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Conner and Sons holds a easement for iterate one-to-one communities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Hall Group holds a easement for expedite intuitive functionalities.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Black-Savage holds a lien for transition extensible e-markets.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Shelton, Wallace and Kelley holds a covenant for redefine dot-com e-commerce.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 145231,
      "timeline_years": 1
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 56850,
      "timeline_years": 4
    },
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 57951,
      "timeline_years": 5
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 22544,
      "timeline_years": 3
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 23641,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 100864,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of water heaters.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of boiler.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 407081,
  "summary_narrative": "Bag successful sea. Type tax teacher development case door medical."
}