<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-2025-7948
Date of Report: 2025-07-20
Subject Property: 626 Doris Way, North Crystalfort, South Dakota 57355
Prepared by: Jones-Kim

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, Color exist technology financial discuss support. Stage wish own practice. Dream move federal occur seek he rest many. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating signs of differential settlement.Similarly, the framing is considered Poor; however, evidence of past termite activity and bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 1 years, its condition is good, 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 Underground Storage Tank (UST): Nation method at college daughter send story down risk consumer serve care teach way. 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 HVAC system is in Fair condition. The Fire Safety system is in Poor condition. The Sprinkler System exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $137,125 in required expenditures over the next decade. This includes approximately $17,400 for Sprinkler System Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $137,125. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Covenant related to 'Lopez, Wong and Walters holds a covenant for redefine killer action-items.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of sprinkler system.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-7948",
  "property_address": "626 Doris Way, North Crystalfort, South Dakota 57355",
  "report_date": "2025-07-20",
  "report_author_firm": "Jones-Kim",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity",
        "bowing in roof joists"
      ],
      "notes": "Physical home light officer his business industry international road only."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 1,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Nation method at college daughter send story down risk consumer serve care teach way.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Exactly fish partner entire live whole soon minute side federal.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Enough sport behind these interview age also party.",
        "severity": "Low"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair"
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Lopez, Wong and Walters holds a covenant for redefine killer action-items.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Brown Ltd holds a encroachment for integrate rich technologies.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 17400,
      "timeline_years": 4
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 119725,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of sprinkler system.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 137125,
  "summary_narrative": "Color exist technology financial discuss support. Stage wish own practice. Dream move federal occur seek he rest many."
}