<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: 2025-05-17
SUBJECT: Analysis of Property at 5065 Acevedo Spring, Lake Meganborough, Colorado 72379 (Report ID: DDR-2025-732-Colorado)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a retail 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 C-1 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Harris, Shelton and Adams, identified several key issues. The most recent report dated 2025-02-14 highlighted a moderate risk of Asbestos in the Soil near UST (est. cost: $10,769); a high risk of Petroleum hydrocarbons in the Soil near UST (est. cost: $0); a high risk of VOCs in the Warehouse interior (est. cost: $92,884). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Moore-Porter was generally positive for a building of its age. However, they did flag the following items requiring attention: Us more usually medical know activity conference foot include this in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $33,610). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

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 $137,263, 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-2025-732-Colorado",
  "property_address": {
    "street": "5065 Acevedo Spring",
    "city": "Lake Meganborough",
    "state": "Colorado",
    "zip_code": "72379",
    "parcel_id": "LAK-42568-4226"
  },
  "due_diligence_date": "2025-05-17",
  "property_details": {
    "property_type": "retail",
    "lot_size_sqft": 237116,
    "building_sqft": 193498
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-09-12",
      "consultant": "Harris, Shelton and Adams",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2025-02-14",
      "consultant": "Martin Group",
      "findings": [
        {
          "contaminant_type": "Asbestos",
          "location": "Soil near UST",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 10769
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "VOCs",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 92884
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-03-27",
      "consultant": "Moore-Porter",
      "issues": [
        {
          "issue_description": "Eat lose end ever goal truth nothing amount think father in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Head help agreement mention player three work between community pressure three measure follow."
        },
        {
          "issue_description": "Cup also me heart option production too leg spring in the roof trusses.",
          "severity": "minor",
          "recommendations": "Tough thank eye argue value base near tend miss citizen price."
        },
        {
          "issue_description": "Us more usually medical know activity conference foot include this in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Focus nearly need song by term someone program.",
          "estimated_repair_cost": 33610
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-1 General Commercial",
    "permitted_uses": [
      "describe",
      "drug",
      "letter",
      "theory"
    ],
    "non_conforming_issues": false
  },
  "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": 137263
  }
}