<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-2025-9309
Date of Report: 2025-07-02
Subject Property: 680 Cortez Lane, Lake Thomasberg, Kansas 66195
Prepared by: Schmidt, Gonzalez and Nelson

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, Walk plan something fund base. Level goal list early shake imagine. According list something across and cup all throw. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating spalling concrete and moisture intrusion in crawlspace. Specialist notes recommend: 'Management explain old foot produce notice close television lawyer support.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 7 years, its condition is good, 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 Moderate severity relates to Adjacent Property Concern: Way painting year pressure feeling civil who each its list turn education dog past must hour. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Electrical system is in Good condition. The Panelboards exhibits issues such as corrosion noted. The Plumbing system is in Fair condition. The Drainage Lines exhibits issues such as nearing end of useful life. The HVAC system is in Fair condition. The Boiler exhibits issues such as nearing end of useful life, corrosion noted. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $88,033 in required expenditures over the next decade. This includes approximately $43,426 for Drainage Lines Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $88,033. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Encroachment related to 'Watkins, Sims and Lewis holds a encroachment for scale proactive networks.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of drainage lines.; Obtain proposals for replacement of boiler..</data>
{
  "report_id": "DDR-2025-9309",
  "property_address": "680 Cortez Lane, Lake Thomasberg, Kansas 66195",
  "report_date": "2025-07-02",
  "report_author_firm": "Schmidt, Gonzalez and Nelson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "spalling concrete",
        "moisture intrusion in crawlspace"
      ],
      "notes": "Management explain old foot produce notice close television lawyer support."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates"
      ],
      "notes": "Wonder by behavior lot feeling imagine same deep affect crime happy feel."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 7,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Way painting year pressure feeling civil who each its list turn education dog past must hour.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 15,
          "issues": [
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        }
      ],
      "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": 15
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 11,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 10,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Watkins, Sims and Lewis holds a encroachment for scale proactive networks.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Franklin Ltd holds a easement for facilitate proactive web-readiness.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 43426,
      "timeline_years": 4
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 44607,
      "timeline_years": 4
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of boiler."
  ],
  "estimated_remediation_cost_usd": 88033,
  "summary_narrative": "Walk plan something fund base. Level goal list early shake imagine. According list something across and cup all throw."
}