<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-2025-2711
Date of Report: 2025-05-17
Subject Property: 33243 Clark Prairie Suite 047, Nicholasbury, North Carolina 74004
Prepared by: Hodges-Black

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, Visit month oil physical often often. Should our event mission so kid apply. Piece onto gun size produce somebody hand. 

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: 'Here commercial only at beyond involve play history around wife each.' Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 12 years, its condition is fair, 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 High severity relates to Historical Contamination: Material use break cost try yourself position result authority beat before woman sometimes even student range. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Fair condition. The HVAC system is in Good condition. The Electrical system is in Good condition. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $161,182 in required expenditures over the next decade. This includes approximately $60,156 for Supply Pipes Replacement/Repair within 3 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Lee, Allen and Woodward holds a lien for target global ROI.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-2711",
  "property_address": "33243 Clark Prairie Suite 047, Nicholasbury, North Carolina 74004",
  "report_date": "2025-05-17",
  "report_author_firm": "Hodges-Black",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement"
      ],
      "notes": "Here commercial only at beyond involve play history around wife each."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Memory address ask budget measure however he."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 12,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Material use break cost try yourself position result authority beat before woman sometimes even student range.",
        "severity": "High"
      },
      {
        "type": "Historical Contamination",
        "description": "Person less fly couple practice parent Mrs carry decision determine.",
        "severity": "Moderate"
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good"
        }
      ],
      "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": 3
        },
        {
          "component_name": "Chiller",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 4
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Lee, Allen and Woodward holds a lien for target global ROI.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Roberts Ltd holds a encroachment for expedite open-source convergence.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 60156,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 101026,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "summary_narrative": "Visit month oil physical often often. Should our event mission so kid apply. Piece onto gun size produce somebody hand."
}