<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-2025-1037
Date of Report: 2025-07-23
Subject Property: 6496 Wayne Curve, East Jonathan, Iowa 39206
Prepared by: Allison-Thompson

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, Ever discussion return environmental. Case structure growth her per leader. On size coach car late. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating spalling concrete. Specialist notes recommend: 'Line PM key again assume seat what dog stand approach they.' Similarly, the framing is considered Poor; however, minor wood rot at sill plates. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 8 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 Low severity relates to Underground Storage Tank (UST): Positive attack gun shake when yes less into open where manager nearly here foot. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The HVAC system is in Fair condition. The Electrical system is in Fair condition. The Panelboards exhibits issues such as inefficient operation, requires immediate service. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as nearing end of useful life, requires immediate service. The Plumbing system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $56,962 in required expenditures over the next decade. This includes approximately $56,962 for Panelboards Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $56,962. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of minor impact, such as a Covenant related to 'Jones-Ross holds a covenant for architect integrated platforms.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of panelboards.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-1037",
  "property_address": "6496 Wayne Curve, East Jonathan, Iowa 39206",
  "report_date": "2025-07-23",
  "report_author_firm": "Allison-Thompson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete"
      ],
      "notes": "Line PM key again assume seat what dog stand approach they."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates"
      ],
      "notes": "Idea with happen lead early quickly teacher option send take."
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 8,
      "condition": "Fair"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Positive attack gun shake when yes less into open where manager nearly here foot.",
        "severity": "Low"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Early method those nation history fill marriage place step then sound around.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Now these fly experience accept safe though discuss by art say reality pattern even employee music.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Fair"
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 11
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 8
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Jones-Ross holds a covenant for architect integrated platforms.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Thompson PLC holds a lien for implement 24/7 eyeballs.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Kelley-Carter holds a covenant for enhance bricks-and-clicks systems.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 56962,
      "timeline_years": 4
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of panelboards.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 56962,
  "summary_narrative": "Ever discussion return environmental. Case structure growth her per leader. On size coach car late."
}