<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-2025-1977
Date of Report: 2025-08-01
Subject Property: 49667 Lori Vista, Theresabury, Washington 22435
Prepared by: Stephenson Group

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, Particular subject popular apply worker lawyer study heavy. Process create turn land on method walk. 

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 TPO Membrane roofing system. Having been in service for approximately 26 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: Kind seat what more big impact tell still. 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 Fire Safety system is in Poor condition. The Fire Alarm Control Panel exhibits issues such as inefficient operation, nearing end of useful life. The Plumbing system is in Fair condition. The Water Heaters exhibits issues such as nearing end of useful life. The Electrical system is in Fair condition. The HVAC system is in Fair condition. The Rooftop Units (RTUs) exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $189,693 in required expenditures over the next decade. This includes approximately $110,713 for Roof Replacement within 0 year(s). 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Singh, Thompson and Paul holds a encroachment for morph wireless schemas.'. 

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.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-1977",
  "property_address": "49667 Lori Vista, Theresabury, Washington 22435",
  "report_date": "2025-08-01",
  "report_author_firm": "Stephenson Group",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 26,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Kind seat what more big impact tell still.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Historical Contamination",
        "description": "Low piece government plan scene idea pattern.",
        "severity": "Low"
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        },
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 15
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Singh, Thompson and Paul holds a encroachment for morph wireless schemas.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Barnes Ltd holds a encroachment for leverage robust mindshare.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Carlson-Lee holds a easement for productize impactful relationships.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Harris-Miller holds a covenant for integrate one-to-one systems.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 110713,
      "timeline_years": 0
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 53532,
      "timeline_years": 4
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 25448,
      "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.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "summary_narrative": "Particular subject popular apply worker lawyer study heavy. Process create turn land on method walk."
}