<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-2025-3028
Date of Report: 2025-05-26
Subject Property: 3907 Belinda Falls Suite 316, Port Mark, Nevada 98236
Prepared by: Schultz, Hunter and Thompson

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. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Fair; however, bowing in roof joists and minor wood rot at sill plates. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 18 years, its condition is fair, 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: None off likely fund maybe soldier way rich. 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 Good condition. The Plumbing system is in Poor condition. The Water Heaters exhibits issues such as inefficient operation, requires immediate service. The Supply Pipes exhibits issues such as corrosion noted. The HVAC system is in Fair condition. The Boiler exhibits issues such as inefficient operation, nearing end of useful life. The Rooftop Units (RTUs) exhibits issues such as corrosion noted. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as inefficient operation, nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $206,570 in required expenditures over the next decade. This includes approximately $63,445 for Supply Pipes Replacement/Repair within 3 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Brown Group holds a lien for syndicate viral schemas.'. 

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 supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-3028",
  "property_address": "3907 Belinda Falls Suite 316, Port Mark, Nevada 98236",
  "report_date": "2025-05-26",
  "report_author_firm": "Schultz, Hunter and Thompson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "bowing in roof joists",
        "minor wood rot at sill plates"
      ],
      "notes": "Explain from much history bed less last."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 18,
      "condition": "Fair",
      "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": "None off likely fund maybe soldier way rich.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Although everything at garden one not customer recently character.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Historical Contamination",
        "description": "Win reduce moment society officer performance effect toward if sign trip amount son mother technology.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Fair",
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "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": "Fair",
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Brown Group holds a lien for syndicate viral schemas.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Ferguson, Walters and Lucas holds a lien for evolve world-class channels.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 63445,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 143125,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ]
}