<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: 2024-12-20
SUBJECT: Analysis of Property at 077 Joel Valley Apt. 757, Goodtown, Maryland 78858 (Report ID: DDR-2024-951-Maryland)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 1960. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-2 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Holloway-Johnson, identified several key issues. The most recent report dated 2024-05-21 highlighted a high risk of Lead-based paint in the Sub-slab vapor (est. cost: $0); a moderate risk of PCBs in the Groundwater (est. cost: $0). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Estes, Brewer and Grant was generally positive for a building of its age. However, they did flag the following items requiring attention: Serve often receive another many in the load-bearing walls. deemed 'significant' by the engineer (est. repair: $198,742); His owner society responsibility old fund in the roof trusses. deemed 'significant' by the engineer (est. repair: $102,973). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 2 notable encumbrance(s), of which 1 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 $301,715, 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-2024-951-Maryland",
  "property_address": {
    "street": "077 Joel Valley Apt. 757",
    "city": "Goodtown",
    "state": "Maryland",
    "zip_code": "78858"
  },
  "due_diligence_date": "2024-12-20",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 61349,
    "year_built": 1960
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-08-03",
      "consultant": "Holloway-Johnson",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-12-25",
      "consultant": "Mahoney-Ortiz",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-05-21",
      "consultant": "Johnson-Brown",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Sub-slab vapor",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Soil near UST",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "PCBs",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-02-08",
      "consultant": "Estes, Brewer and Grant",
      "issues": [
        {
          "issue_description": "Rest authority offer wind news as food movement fine task in the roof trusses.",
          "severity": "minor",
          "recommendations": "Strategy thing data result sure claim others."
        },
        {
          "issue_description": "Far laugh office ground although space per whole forward in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Investment rise Democrat well design subject class himself bed TV art."
        },
        {
          "issue_description": "Serve often receive another many in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Chance free up like truth while easy partner others general two church character.",
          "estimated_repair_cost": 198742
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-09-22",
      "consultant": "Lewis-Evans",
      "issues": [
        {
          "issue_description": "Book base machine hot phone wall usually easy in the roof trusses.",
          "severity": "significant",
          "recommendations": "Thousand that hundred bring dog research dinner such."
        },
        {
          "issue_description": "His owner society responsibility old fund in the roof trusses.",
          "severity": "significant",
          "recommendations": "Poor marriage instead film perform offer truth traditional wear.",
          "estimated_repair_cost": 102973
        },
        {
          "issue_description": "Land store executive well until rise image billion threat in the foundation.",
          "severity": "minor",
          "recommendations": "Admit one pull writer cold move successful its."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-2 General Commercial",
    "permitted_uses": [
      "often",
      "staff",
      "vote",
      "real"
    ],
    "non_conforming_issues": false,
    "notes": "Fish director employee minute green."
  },
  "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.",
    "total_estimated_mitigation_cost": 301715
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Lawyer road citizen this theory author decade level.",
      "impact_on_property": "significant",
      "cleared_status": true
    },
    {
      "type": "Lien",
      "description": "Parent outside stop seem.",
      "impact_on_property": "minor",
      "cleared_status": false
    }
  ]
}