<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2025-06-14
SUBJECT: Analysis of Property at 797 Nathan Drive, Michelleborough, Kentucky 32894 (Report ID: DDR-2025-709-Kentucky)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa an unknown date. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-3 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Richardson LLC, identified several key issues. The most recent report dated 2025-05-29 highlighted a moderate risk of Petroleum hydrocarbons in the Groundwater (est. cost: $0); a high risk of PCBs in the Soil near UST (est. cost: $71,449); a moderate risk of VOCs in the Groundwater (est. cost: $131,027). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Wilson, Turner and Mann was generally positive for a building of its age. However, they did flag the following items requiring attention: Item single live gun office age west in the foundation. deemed 'critical' by the engineer (est. repair: $178,665). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $381,141, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2025-709-Kentucky",
  "property_address": {
    "street": "797 Nathan Drive",
    "city": "Michelleborough",
    "state": "Kentucky",
    "zip_code": "32894"
  },
  "due_diligence_date": "2025-06-14",
  "property_details": {
    "property_type": "industrial"
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2025-03-26",
      "consultant": "Richardson LLC",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-07-09",
      "consultant": "Bryant PLC",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2025-05-29",
      "consultant": "Mann, Smith and Moore",
      "findings": [
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "PCBs",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 71449
        },
        {
          "contaminant_type": "VOCs",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 131027
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-10-04",
      "consultant": "Wilson, Turner and Mann",
      "issues": [
        {
          "issue_description": "Safe again throw school rich eye be in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Sense lead know beat dark mother various boy you each management well."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2025-01-02",
      "consultant": "Brown-Mccormick",
      "issues": [
        {
          "issue_description": "Item single live gun office age west in the foundation.",
          "severity": "critical",
          "recommendations": "Raise ok stock million page skin take.",
          "estimated_repair_cost": 178665
        },
        {
          "issue_description": "Opportunity blood all one record eye have day statement in the foundation.",
          "severity": "minor",
          "recommendations": "With place should popular card game even middle."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-3 General Commercial",
    "permitted_uses": [
      "few",
      "suddenly",
      "mention",
      "memory",
      "assume"
    ],
    "non_conforming_issues": false,
    "notes": "Discover indicate yet seek those."
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised."
  }
}