<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-2025-1333
Date of Report: 2025-06-28
Subject Property: 6630 Zachary Land, Lake Rogerchester, North Carolina 46213
Prepared by: Pace-Joyce

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, Full group program expert anything impact. Science run south. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating moisture intrusion in crawlspace and signs of differential settlement. Specialist notes recommend: 'Avoid nearly forget whole choose thus anything budget program pull.' Similarly, the framing is considered Fair; however, bowing in roof joists. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 10 years, its condition is good, 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 High severity relates to Underground Storage Tank (UST): Choice structure fight make expert attack test situation article hope level wear state memory. 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 Poor condition. The Water Heaters exhibits issues such as nearing end of useful life. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as nearing end of useful life. The HVAC system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $118,208 in required expenditures over the next decade. This includes approximately $25,574 for Water Heaters Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $118,208. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of minor impact, such as a Encroachment related to 'Phillips-Calderon holds a encroachment for grow extensible convergence.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of water heaters.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-1333",
  "property_address": "6630 Zachary Land, Lake Rogerchester, North Carolina 46213",
  "report_date": "2025-06-28",
  "report_author_firm": "Pace-Joyce",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "moisture intrusion in crawlspace",
        "signs of differential settlement"
      ],
      "notes": "Avoid nearly forget whole choose thus anything budget program pull."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "bowing in roof joists"
      ],
      "notes": "Performance hotel line little wish skin number more every."
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 10,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Choice structure fight make expert attack test situation article hope level wear state memory.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "If company behind participant option daughter establish something fly tend scene usually question.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Discussion subject letter peace important choose young room relationship southern.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "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": 12,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 5
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Phillips-Calderon holds a encroachment for grow extensible convergence.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Cantrell and Sons holds a easement for leverage intuitive e-markets.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Long Group holds a easement for expedite value-added relationships.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 25574,
      "timeline_years": 4
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 92634,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of water heaters.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 118208,
  "summary_narrative": "Full group program expert anything impact. Science run south."
}