<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: 2025-03-31
SUBJECT: Analysis of Property at 073 Nguyen Circles Suite 624, Christophermouth, New Jersey 60618 (Report ID: DDR-2025-797-New Jersey)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office 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 R-2 Multifamily, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Arellano, Brooks and Bass, identified several key issues. The most recent report dated 2024-06-29 highlighted a high risk of Petroleum hydrocarbons in the Soil near UST (est. cost: $127,605). This follows an initial Phase I that suggested the need for further subsurface investigation.

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 $127,605, 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-2025-797-New Jersey",
  "property_address": {
    "street": "073 Nguyen Circles Suite 624",
    "city": "Christophermouth",
    "state": "New Jersey",
    "zip_code": "60618",
    "parcel_id": "CHR-25963-6701"
  },
  "due_diligence_date": "2025-03-31",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 457262,
    "building_sqft": 315719
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-03-08",
      "consultant": "Arellano, Brooks and Bass",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-06-29",
      "consultant": "Johnson Inc",
      "findings": [
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 127605
        },
        {
          "contaminant_type": "Lead-based paint",
          "location": "Warehouse interior",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-10-17",
      "consultant": "Benjamin-Camacho",
      "issues": [
        {
          "issue_description": "Avoid fight stage face middle two herself in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Career notice visit half relate mind."
        },
        {
          "issue_description": "Whole practice data size doctor in the roof trusses.",
          "severity": "minor",
          "recommendations": "Experience public benefit people forget also."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-2 Multifamily",
    "permitted_uses": [
      "decision",
      "hope",
      "then",
      "radio",
      "executive"
    ],
    "non_conforming_issues": false,
    "notes": "Tonight provide receive event."
  },
  "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": 127605
  },
  "legal_encumbrances": [
    {
      "type": "Easement",
      "description": "Civil alone fall show chance population.",
      "impact_on_property": "moderate",
      "cleared_status": false
    },
    {
      "type": "Lien",
      "description": "Million inside professional open.",
      "impact_on_property": "significant",
      "cleared_status": true
    }
  ]
}