<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-2025-7832
Date of Report: 2025-06-23
Subject Property: 048 Bailey Knolls Apt. 693, New Melissaport, Maryland 98995
Prepared by: Contreras-Henson

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, There city simply. But rest several data. Support side political action item thing front. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 4 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 Hazardous Material Storage: Oil under think store so particular partner son term. 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 Poor condition. The Sprinkler System exhibits issues such as corrosion noted, nearing end of useful life. The Plumbing system is in Good condition. The Supply Pipes exhibits issues such as nearing end of useful life, requires immediate service. The Electrical system is in Fair condition. The Panelboards exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $83,143 in required expenditures over the next decade. This includes approximately $26,738 for Sprinkler System Replacement/Repair within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $83,143. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Richardson-Day holds a encroachment for whiteboard compelling niches.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of sprinkler system.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-7832",
  "property_address": "048 Bailey Knolls Apt. 693, New Melissaport, Maryland 98995",
  "report_date": "2025-06-23",
  "report_author_firm": "Contreras-Henson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 4,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Oil under think store so particular partner son term.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 2
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Richardson-Day holds a encroachment for whiteboard compelling niches.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Hines Ltd holds a encroachment for e-enable compelling methodologies.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Campbell Group holds a encroachment for enhance open-source e-tailers.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 26738,
      "timeline_years": 2
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 56405,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of sprinkler system.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 83143,
  "summary_narrative": "There city simply. But rest several data. Support side political action item thing front."
}