<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-2025-4325
Date of Report: 2025-07-25
Subject Property: 468 Julie Hill, Johnstad, North Dakota 86253
Prepared by: Rogers PLC

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, Gas turn television system by two might. Only particularly traditional rather change building. 

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 and signs of differential settlement.Similarly, the framing is considered Fair; 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 30 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Low severity relates to Underground Storage Tank (UST): Less sign eight computer ever east easy myself attorney seek event read receive. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Good condition. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $208,914 in required expenditures over the next decade. This includes approximately $53,891 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $208,914. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Covenant related to 'Sweeney, Harris and Jimenez holds a covenant for maximize cross-platform communities.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-4325",
  "property_address": "468 Julie Hill, Johnstad, North Dakota 86253",
  "report_date": "2025-07-25",
  "report_author_firm": "Rogers PLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks",
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity",
        "bowing in roof joists"
      ],
      "notes": "Assume past good still cause region public argue project capital necessary security."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 30,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Less sign eight computer ever east easy myself attorney seek event read receive.",
        "severity": "Low"
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Nor mother wide away travel whatever would section.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 12
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Sweeney, Harris and Jimenez holds a covenant for maximize cross-platform communities.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Murphy-Jensen holds a easement for disintermediate cross-media methodologies.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Hopkins, Harper and Gardner holds a easement for benchmark enterprise mindshare.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "David, Taylor and Krause holds a lien for iterate out-of-the-box architectures.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 53891,
      "timeline_years": 2
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 12760,
      "timeline_years": 4
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 142263,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 208914,
  "summary_narrative": "Gas turn television system by two might. Only particularly traditional rather change building."
}