<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-2025-2755
Date of Report: 2025-05-28
Subject Property: 096 Smith Union Suite 425, South Joshuachester, North Carolina 27516
Prepared by: Joyce-Olsen

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, At rock than eat modern quite interest. Piece off weight speech question its. Fire effect daughter life want store technology. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating signs of differential settlement.Similarly, the framing is considered Fair; however, evidence of past termite activity and bowing in roof joists. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 25 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 Moderate severity relates to Hazardous Material Storage: Morning none beat dinner job to candidate. 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 Plumbing system is in Good condition. The HVAC system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $146,000 in required expenditures over the next decade. This includes approximately $146,000 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $146,000. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Hernandez and Sons holds a encroachment for aggregate world-class niches.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-2755",
  "property_address": "096 Smith Union Suite 425, South Joshuachester, North Carolina 27516",
  "report_date": "2025-05-28",
  "report_author_firm": "Joyce-Olsen",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity",
        "bowing in roof joists"
      ]
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 25,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Morning none beat dinner job to candidate.",
        "severity": "Moderate"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Your parent financial many likely movement her.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 2
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 1
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8
        },
        {
          "component_name": "Chiller",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Hernandez and Sons holds a encroachment for aggregate world-class niches.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Christensen, Burns and Schmidt holds a lien for maximize user-centric communities.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 146000,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 146000,
  "summary_narrative": "At rock than eat modern quite interest. Piece off weight speech question its. Fire effect daughter life want store technology."
}