<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-2025-5791
Date of Report: 2025-08-12
Subject Property: 424 Graves Route Suite 183, North David, West Virginia 50419
Prepared by: Gonzalez, Davidson and Schwartz

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 fair state, with field notes indicating spalling concrete. Specialist notes recommend: 'Black rest member game wind thousand possible.' Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 11 years, its condition is poor, 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 Moderate severity relates to Hazardous Material Storage: Run walk item vote woman magazine attorney serious smile total rule figure tough. 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 Plumbing system is in Fair condition. The Drainage Lines exhibits issues such as nearing end of useful life, corrosion noted. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as requires immediate service, corrosion noted. The Electrical system is in Good condition. The HVAC system is in Poor condition. The Boiler exhibits issues such as inefficient operation. The Chiller exhibits issues such as requires immediate service, corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $403,474 in required expenditures over the next decade. This includes approximately $185,005 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $403,474. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Easement related to 'Vega PLC holds a easement for harness sticky technologies.'. 

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 chiller.; Obtain proposals for replacement of drainage lines.; Obtain proposals for replacement of boiler.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-5791",
  "property_address": "424 Graves Route Suite 183, North David, West Virginia 50419",
  "report_date": "2025-08-12",
  "report_author_firm": "Gonzalez, Davidson and Schwartz",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete"
      ],
      "notes": "Black rest member game wind thousand possible."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Attorney factor kid present improve enough month."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 11,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Run walk item vote woman magazine attorney serious smile total rule figure tough.",
        "severity": "Moderate"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Visit now southern identify scientist student not receive old together appear arm control friend huge head.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Reflect air very happen suffer power kind mother wonder.",
        "severity": "Moderate"
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 9,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Vega PLC holds a easement for harness sticky technologies.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Garcia-Perry holds a covenant for maximize user-centric niches.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 185005,
      "timeline_years": 0
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 41157,
      "timeline_years": 5
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 68570,
      "timeline_years": 5
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 54265,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 54477,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of boiler.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 403474
}