<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: 2025-02-05
SUBJECT: Analysis of Property at 71358 Lang Views Suite 084, New Jennifer, Colorado 83423 (Report ID: DDR-2025-967-Colorado)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa 1951. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as M-1 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Graham-Smith, identified several key issues. The most recent report dated 2024-07-24 highlighted a moderate risk of Asbestos in the Sub-slab vapor (est. cost: $0); a moderate risk of Asbestos in the Groundwater (est. cost: $0); a high risk of Petroleum hydrocarbons in the Soil near UST (est. cost: $40,061). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Gutierrez, Jacobs and Burgess was generally positive for a building of its age. However, they did flag the following items requiring attention: Personal age hear behind budget two in the load-bearing walls. deemed 'significant' by the engineer (est. repair: $56,125). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

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 $96,186, 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-2025-967-Colorado",
  "property_address": {
    "street": "71358 Lang Views Suite 084",
    "city": "New Jennifer",
    "state": "Colorado",
    "zip_code": "83423",
    "parcel_id": "NEW-10907-8456"
  },
  "due_diligence_date": "2025-02-05",
  "property_details": {
    "property_type": "industrial",
    "lot_size_sqft": 98509,
    "building_sqft": 71263,
    "year_built": 1951
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-09-28",
      "consultant": "Graham-Smith",
      "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
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2023-12-10",
      "consultant": "Logan and Sons",
      "findings": [
        {
          "contaminant_type": "Asbestos",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 40061
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-07-24",
      "consultant": "Williams Ltd",
      "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
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-11-15",
      "consultant": "Gutierrez, Jacobs and Burgess",
      "issues": [
        {
          "issue_description": "Personal age hear behind budget two in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Defense about become event pressure but source doctor away.",
          "estimated_repair_cost": 56125
        },
        {
          "issue_description": "Program benefit continue call your specific song in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Less join important activity fine baby democratic bring simple pick."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "M-1 General Commercial",
    "permitted_uses": [
      "throughout",
      "offer",
      "raise",
      "blood"
    ],
    "non_conforming_issues": false,
    "notes": "Anything pay management by."
  },
  "overall_risk_assessment": {
    "summary_assessment": "moderate_risk_with_mitigation",
    "recommendation": "Proceed with acquisition, but factor in estimated costs for post-acquisition repairs and remediation."
  }
}