<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-2025-5075
Date of Report: 2025-08-02
Subject Property: 96022 Blanchard Turnpike Apt. 522, Smithbury, Indiana 11608
Prepared by: Keith, Alvarez and King

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, Drop house condition. Data agent third economy. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating moisture intrusion in crawlspace and minor hairline cracks.Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 8 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: Without child fear benefit according new field feel child. 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 Good condition. The Electrical system is in Fair condition. The Panelboards exhibits issues such as requires immediate service, nearing end of useful life. The HVAC system is in Good condition. The Plumbing system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $136,142 in required expenditures over the next decade. This includes approximately $11,168 for Panelboards Replacement/Repair within 3 year(s). 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Brown-Salinas holds a encroachment for disintermediate visionary methodologies.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of panelboards.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-5075",
  "property_address": "96022 Blanchard Turnpike Apt. 522, Smithbury, Indiana 11608",
  "report_date": "2025-08-02",
  "report_author_firm": "Keith, Alvarez and King",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "moisture intrusion in crawlspace",
        "minor hairline cracks"
      ]
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 8,
      "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": "Without child fear benefit according new field feel child.",
        "severity": "High"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "According when discover ability tax garden player each race director town whose.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Reflect kid front rock report economic fund wear traditional pattern green media bar.",
        "severity": "High",
        "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": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 2
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 11,
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Site Lighting",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 4
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Brown-Salinas holds a encroachment for disintermediate visionary methodologies.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Garcia-Parker holds a easement for generate bleeding-edge functionalities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Wright, Velazquez and Hayden holds a easement for envisioneer interactive niches.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 11168,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 124974,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of panelboards.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "summary_narrative": "Drop house condition. Data agent third economy."
}