<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-2025-4946
Date of Report: 2025-05-19
Subject Property: 78265 Rodney Forest, Port Stevenfurt, Utah 00966
Prepared by: Velazquez and Sons

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. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating signs of differential settlement. Specialist notes recommend: 'Court already rate fast community without defense level edge they type.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 20 years, its condition is fair, and it will require monitoring. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Electrical system is in Fair condition. The Site Lighting exhibits issues such as nearing end of useful life. The Fire Safety system is in Good condition. The HVAC system is in Fair condition. The Chiller 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 $61,132 in required expenditures over the next decade. This includes approximately $12,188 for Site Lighting Replacement/Repair within 3 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $61,132. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Moreno LLC holds a encroachment for matrix mission-critical portals.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of chiller.; Obtain proposals for replacement of site lighting..</data>
{
  "report_id": "DDR-2025-4946",
  "property_address": "78265 Rodney Forest, Port Stevenfurt, Utah 00966",
  "report_date": "2025-05-19",
  "report_author_firm": "Velazquez and Sons",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement"
      ],
      "notes": "Court already rate fast community without defense level edge they type."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 20,
      "condition": "Fair"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Good"
        },
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair"
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Moreno LLC holds a encroachment for matrix mission-critical portals.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Brown-Decker holds a covenant for harness innovative action-items.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 12188,
      "timeline_years": 3
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 48944,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of site lighting."
  ],
  "estimated_remediation_cost_usd": 61132
}