<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-2025-7337
Date of Report: 2025-07-18
Subject Property: 46466 Jeremy Tunnel Apt. 226, Port Matthewton, Minnesota 60208
Prepared by: Watts-Stevenson

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, For blood voice. Simply measure travel though since about or. 

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 and signs of differential settlement.Similarly, the framing is considered Poor; however, evidence of past termite activity and bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 15 years, its condition is fair, 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 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 Electrical system is in Fair condition. The Site Lighting exhibits issues such as nearing end of useful life. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as requires immediate service, inefficient operation. The Drainage Lines exhibits issues such as corrosion noted. The HVAC system is in Good condition. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $99,521 in required expenditures over the next decade. This includes approximately $12,402 for Site Lighting Replacement/Repair within 1 year(s). 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Lien related to 'Frost-Juarez holds a lien for engineer vertical partnerships.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of supply pipes.; Obtain proposals for replacement of site lighting.; Obtain proposals for replacement of drainage lines..</data>
{
  "report_id": "DDR-2025-7337",
  "property_address": "46466 Jeremy Tunnel Apt. 226, Port Matthewton, Minnesota 60208",
  "report_date": "2025-07-18",
  "report_author_firm": "Watts-Stevenson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete",
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity",
        "bowing in roof joists"
      ],
      "notes": "Traditional opportunity candidate public art summer word media perform tough."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 15,
      "condition": "Fair",
      "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": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Panelboards",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 0
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Frost-Juarez holds a lien for engineer vertical partnerships.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Cook PLC holds a covenant for embrace killer portals.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Scott, Rogers and Bernard holds a covenant for cultivate 24/7 niches.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Guerrero PLC holds a covenant for re-intermediate intuitive schemas.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 12402,
      "timeline_years": 1
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 39908,
      "timeline_years": 4
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 47211,
      "timeline_years": 4
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of supply pipes.",
    "Obtain proposals for replacement of site lighting.",
    "Obtain proposals for replacement of drainage lines."
  ],
  "summary_narrative": "For blood voice. Simply measure travel though since about or."
}