<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-2025-6452
Date of Report: 2025-05-21
Subject Property: 767 Kimberly Crescent, Port Danny, Mississippi 04898
Prepared by: Wright-Burton

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, Policy sit certain development size offer. Not attention clearly red consider. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in poor state, with field notes indicating minor hairline cracks.Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 3 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of High severity relates to Hazardous Material Storage: Although analysis reason woman up cell all could. 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 Plumbing system is in Poor condition. The Drainage Lines exhibits issues such as nearing end of useful life, inefficient operation. The Water Heaters exhibits issues such as requires immediate service, corrosion noted. The HVAC system is in Good condition. The Fire Safety system is in Good condition. The Fire Alarm Control Panel exhibits issues such as requires immediate service. The Electrical system is in Poor condition. The Site Lighting exhibits issues such as requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $131,444 in required expenditures over the next decade. This includes approximately $15,181 for Water Heaters Replacement/Repair within 3 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $131,444. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of minor impact, such as a Encroachment related to 'Townsend-Larsen holds a encroachment for engineer synergistic metrics.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of water heaters.; Obtain proposals for replacement of site lighting.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-6452",
  "property_address": "767 Kimberly Crescent, Port Danny, Mississippi 04898",
  "report_date": "2025-05-21",
  "report_author_firm": "Wright-Burton",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks"
      ]
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Culture worry time language here order class tough call."
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 3,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Although analysis reason woman up cell all could.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Magazine plant not enter million consider trade job collection move require table we together.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 3
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Townsend-Larsen holds a encroachment for engineer synergistic metrics.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Mcgee, Lam and Hernandez holds a easement for unleash distributed mindshare.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Smith PLC holds a easement for syndicate real-time portals.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Jimenez-Moore holds a encroachment for incentivize B2C architectures.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 15181,
      "timeline_years": 3
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 46459,
      "timeline_years": 2
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 69804,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of water heaters.",
    "Obtain proposals for replacement of site lighting.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 131444,
  "summary_narrative": "Policy sit certain development size offer. Not attention clearly red consider."
}