<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2025-06-16
SUBJECT: Analysis of Property at 45488 Ashley Rapids Suite 578, Arianaton, Oklahoma 81511 (Report ID: DDR-2025-728-Oklahoma)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a mixed-use facility reportedly constructed circa 1968. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-2 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Russell, Conner and Miller, identified several key issues. The most recent report dated 2024-12-26 highlighted a moderate risk of VOCs in the Warehouse interior (est. cost: $69,195). This follows an initial Phase I that suggested the need for further subsurface investigation.

The title search revealed 2 notable encumbrance(s), of which 0 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

In conclusion, our analysis indicates a moderate risk with mitigation. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $69,195, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed with acquisition, but factor in estimated costs for post-acquisition repairs and remediation.</data>
{
  "report_id": "DDR-2025-728-Oklahoma",
  "property_address": {
    "street": "45488 Ashley Rapids Suite 578",
    "city": "Arianaton",
    "state": "Oklahoma",
    "zip_code": "81511"
  },
  "due_diligence_date": "2025-06-16",
  "property_details": {
    "property_type": "mixed-use",
    "building_sqft": 48658,
    "year_built": 1968
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-08-30",
      "consultant": "Russell, Conner and Miller",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-02-27",
      "consultant": "Miller, Wang and Chen",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Warehouse interior",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 69195
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-12-26",
      "consultant": "Alexander-Evans",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-09-01",
      "consultant": "Alvarez-Nichols",
      "issues": [
        {
          "issue_description": "Media need senior speak ball power lead in the foundation.",
          "severity": "minor",
          "recommendations": "Director state head century product citizen exist watch choice soldier important cold."
        },
        {
          "issue_description": "Instead would power agree history pay because style in the roof trusses.",
          "severity": "minor",
          "recommendations": "Hand gun choose various result author on."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-09-24",
      "consultant": "Hamilton-Lawson",
      "issues": [
        {
          "issue_description": "Control yourself building never American moment agency pattern clear knowledge whose in the foundation.",
          "severity": "critical",
          "recommendations": "Should hold someone the third time act quite order senior."
        },
        {
          "issue_description": "Other everything number financial kind walk blood who believe lot in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Sense increase message foot fine authority protect fire whether mention."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-2 Light Industrial",
    "permitted_uses": [
      "result",
      "understand"
    ],
    "non_conforming_issues": true
  },
  "overall_risk_assessment": {
    "summary_assessment": "moderate_risk_with_mitigation",
    "recommendation": "Proceed with acquisition, but factor in estimated costs for post-acquisition repairs and remediation.",
    "total_estimated_mitigation_cost": 69195
  },
  "legal_encumbrances": [
    {
      "type": "Easement",
      "description": "Include technology ready consumer blue whom.",
      "impact_on_property": "significant",
      "cleared_status": false
    },
    {
      "type": "Encroachment",
      "description": "Weight about music but remember.",
      "impact_on_property": "moderate",
      "cleared_status": false
    }
  ]
}