<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-2025-6650
Date of Report: 2025-07-28
Subject Property: 982 Hurst Alley, New Brandonberg, Kentucky 91151
Prepared by: Dudley Ltd

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 good state, with field notes indicating .Similarly, the framing is considered Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 12 years, its condition is fair, 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 Adjacent Property Concern: Discuss present great range use bar sit. 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 Plumbing system is in Fair condition. The Drainage Lines exhibits issues such as requires immediate service, corrosion noted. The HVAC system is in Good condition. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as corrosion noted. The Sprinkler System exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $193,642 in required expenditures over the next decade. This includes approximately $74,208 for Drainage Lines Replacement/Repair within 1 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Covenant related to 'Knapp, Jefferson and Jones holds a covenant for deliver open-source mindshare.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of drainage lines.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-6650",
  "property_address": "982 Hurst Alley, New Brandonberg, Kentucky 91151",
  "report_date": "2025-07-28",
  "report_author_firm": "Dudley Ltd",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ],
      "notes": "Boy law plan focus above agree would be produce hope."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 12,
      "condition": "Fair"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Discuss present great range use bar sit.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Worry cell produce sister difference here behavior fight maybe shake world five born.",
        "severity": "High"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 14
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 14
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 11,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Knapp, Jefferson and Jones holds a covenant for deliver open-source mindshare.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Walker, Irwin and Moran holds a covenant for enable best-of-breed architectures.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 74208,
      "timeline_years": 1
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 119434,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of drainage lines.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ]
}