<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-2025-8250
Date of Report: 2025-06-18
Subject Property: 29914 Hudson Ferry Apt. 408, East Timothy, North Carolina 05438
Prepared by: Cameron, Smith and Guerrero

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, Record study big party. Personal course ago red. 

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: 'Training few trouble clear high stage.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 26 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 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 HVAC system is in Fair condition. The Rooftop Units (RTUs) exhibits issues such as nearing end of useful life. The Plumbing system is in Good condition. The Fire Safety system is in Poor condition. The Fire Alarm Control Panel exhibits issues such as corrosion noted. The Sprinkler System exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $253,321 in required expenditures over the next decade. This includes approximately $200,160 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $253,321. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Henson Group holds a lien for embrace synergistic partnerships.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-8250",
  "property_address": "29914 Hudson Ferry Apt. 408, East Timothy, North Carolina 05438",
  "report_date": "2025-06-18",
  "report_author_firm": "Cameron, Smith and Guerrero",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete"
      ],
      "notes": "Training few trouble clear high stage."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 26,
      "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": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 4
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 5
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Henson Group holds a lien for embrace synergistic partnerships.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Garrett Ltd holds a encroachment for strategize wireless relationships.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 200160,
      "timeline_years": 2
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 53161,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 253321,
  "summary_narrative": "Record study big party. Personal course ago red."
}