<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-2025-7306
Date of Report: 2025-06-26
Subject Property: 38867 Nancy Wells Suite 349, Meganport, New York 61205
Prepared by: Carlson LLC

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. Overall, Else company group run name region professor. She so any check leg. Hold public point court including. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating moisture intrusion in crawlspace and spalling concrete.Similarly, the framing is considered Poor; however, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 25 years, its condition is poor, and our recommendation is a full replacement recommended within next 1-3 years. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. 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 HVAC system is in Fair condition. The Electrical system is in Fair condition. The Site Lighting exhibits issues such as inefficient operation. The Fire Safety system is in Good condition. The Fire Alarm Control Panel exhibits issues such as inefficient operation. The Plumbing system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $237,322 in required expenditures over the next decade. This includes approximately $237,322 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $237,322. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of minor impact, such as a Covenant related to 'Rodriguez, Gutierrez and Mills holds a covenant for monetize killer paradigms.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-7306",
  "property_address": "38867 Nancy Wells Suite 349, Meganport, New York 61205",
  "report_date": "2025-06-26",
  "report_author_firm": "Carlson LLC",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "moisture intrusion in crawlspace",
        "spalling concrete"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity"
      ]
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 25,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 6,
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 2
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Rodriguez, Gutierrez and Mills holds a covenant for monetize killer paradigms.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Hughes-Mcintyre holds a lien for architect real-time eyeballs.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 237322,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 237322,
  "summary_narrative": "Else company group run name region professor. She so any check leg. Hold public point court including."
}