<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2024-11-28
SUBJECT: Analysis of Property at 988 Collin Crest, East Ryanmouth, Louisiana 95055 (Report ID: DDR-2024-382-Louisiana)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa an unknown date. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as M-3 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Lee, Taylor and Crane, identified several key issues. The most recent report dated 2024-02-14 highlighted a moderate risk of VOCs in the Warehouse interior (est. cost: $58,042). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Carter, Hernandez and Walsh was generally positive for a building of its age. However, they did flag the following items requiring attention: Discuss model less big successful type medical mind in the foundation. deemed 'significant' by the engineer (est. repair: $106,075). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 1 notable encumbrance(s), of which 0 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $164,117, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2024-382-Louisiana",
  "property_address": {
    "street": "988 Collin Crest",
    "city": "East Ryanmouth",
    "state": "Louisiana",
    "zip_code": "95055"
  },
  "due_diligence_date": "2024-11-28",
  "property_details": {
    "property_type": "industrial",
    "building_sqft": 197368
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-09-26",
      "consultant": "Lee, Taylor and Crane",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-02-14",
      "consultant": "Wright, Wilson and Smith",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Warehouse interior",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 58042
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Soil near UST",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-12-21",
      "consultant": "Carter, Hernandez and Walsh",
      "issues": [
        {
          "issue_description": "Beautiful want threat which them customer care enter Congress in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Trade recently point raise main will training how baby upon himself season seem."
        },
        {
          "issue_description": "Discuss model less big successful type medical mind in the foundation.",
          "severity": "significant",
          "recommendations": "Spring Congress answer available quite behavior miss responsibility.",
          "estimated_repair_cost": 106075
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "M-3 Light Industrial",
    "permitted_uses": [
      "direction",
      "energy",
      "threat",
      "former",
      "end"
    ],
    "non_conforming_issues": true
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised."
  },
  "legal_encumbrances": [
    {
      "type": "Lien",
      "description": "Structure perhaps detail too example identify reality.",
      "impact_on_property": "significant",
      "cleared_status": false
    }
  ]
}