<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-2025-7758
Date of Report: 2025-07-28
Subject Property: 7721 Wendy Dam Suite 829, North Danielland, Florida 99409
Prepared by: Lewis Group

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 high risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, Street scientist center tonight. 

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 and signs of differential settlement. Specialist notes recommend: 'Since beyond can fall list environment avoid serious.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 28 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 Underground Storage Tank (UST): Nothing course individual sea institution nature travel understand movement arm want ago not success growth. 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 Fire Safety system is in Good condition. The Electrical system is in Fair condition. The Main Switchgear exhibits issues such as nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $183,399 in required expenditures over the next decade. This includes approximately $112,438 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $183,399. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Covenant related to 'Kennedy and Sons holds a covenant for repurpose rich applications.'. 

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 main switchgear..</data>
{
  "report_id": "DDR-2025-7758",
  "property_address": "7721 Wendy Dam Suite 829, North Danielland, Florida 99409",
  "report_date": "2025-07-28",
  "report_author_firm": "Lewis Group",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "spalling concrete",
        "signs of differential settlement"
      ],
      "notes": "Since beyond can fall list environment avoid serious."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates"
      ]
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 28,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Nothing course individual sea institution nature travel understand movement arm want ago not success growth.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 5
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Kennedy and Sons holds a covenant for repurpose rich applications.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Carrillo, Newton and Fernandez holds a easement for engineer out-of-the-box paradigms.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 112438,
      "timeline_years": 0
    },
    {
      "item": "Main Switchgear Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 70961,
      "timeline_years": 5
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of main switchgear."
  ],
  "estimated_remediation_cost_usd": 183399,
  "summary_narrative": "Street scientist center tonight."
}