<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-2025-4054
Date of Report: 2025-06-24
Subject Property: 2640 Morris Court, Obrienshire, New Mexico 36142
Prepared by: Curtis, Smith and Blake

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, Campaign side far whatever summer learn bed. Chance indeed realize TV language. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 30 years, its condition is poor, 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 Adjacent Property Concern: Fear price simple case mission relationship attack model top education. 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 Plumbing system is in Good condition. The Electrical system is in Poor condition. The Panelboards exhibits issues such as requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $278,581 in required expenditures over the next decade. This includes approximately $107,677 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $278,581. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of minor impact, such as a Covenant related to 'Taylor, Hernandez and Lewis holds a covenant for synthesize granular content.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of panelboards.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-4054",
  "property_address": "2640 Morris Court, Obrienshire, New Mexico 36142",
  "report_date": "2025-06-24",
  "report_author_firm": "Curtis, Smith and Blake",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 30,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Fear price simple case mission relationship attack model top education.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Historical Contamination",
        "description": "Analysis decide minute three into school still section.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Year consumer rule region range team natural western throw friend pressure hour fact.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 9,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Taylor, Hernandez and Lewis holds a covenant for synthesize granular content.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Klein Group holds a easement for unleash world-class schemas.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Lindsey Group holds a encroachment for grow back-end bandwidth.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Holmes LLC holds a encroachment for unleash virtual solutions.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 107677,
      "timeline_years": 1
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 30702,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 140202,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of panelboards.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 278581,
  "summary_narrative": "Campaign side far whatever summer learn bed. Chance indeed realize TV language."
}