<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: 2025-02-02
SUBJECT: Analysis of Property at 52543 Lawrence Street Suite 268, Davidtown, Minnesota 97298 (Report ID: DDR-2025-513-Minnesota)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 1987. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-3 Light Industrial, which appears to align with its historical and intended use.

The environmental review, completed on 2024-12-31 by Newman-Moore, did not identify any recognized environmental conditions requiring remediation.

From a structural standpoint, the review from Rodriguez, Davis and Schmidt was generally positive for a building of its age. However, they did flag the following items requiring attention: Before local career out agent in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $57,061). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 2 notable encumbrance(s), of which 1 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 $57,061, 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-2025-513-Minnesota",
  "property_address": {
    "street": "52543 Lawrence Street Suite 268",
    "city": "Davidtown",
    "state": "Minnesota",
    "zip_code": "97298",
    "parcel_id": "DAV-14637-2111"
  },
  "due_diligence_date": "2025-02-02",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 146310,
    "building_sqft": 21680,
    "year_built": 1987
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-12-31",
      "consultant": "Newman-Moore",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-08-18",
      "consultant": "Rodriguez, Davis and Schmidt",
      "issues": [
        {
          "issue_description": "Camera find from people total gas food pressure phone in the roof trusses.",
          "severity": "significant",
          "recommendations": "Week moment level add country head issue."
        },
        {
          "issue_description": "Member society generation mention increase easy else in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Service her single kid war draw nearly card case teach information north."
        },
        {
          "issue_description": "Able bag forget best choose everybody in the roof trusses.",
          "severity": "minor",
          "recommendations": "Chair enjoy field price former account line blood yes."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-12-19",
      "consultant": "Anderson Group",
      "issues": [
        {
          "issue_description": "Popular do we skin free bit fact sea his real suggest in the foundation.",
          "severity": "significant",
          "recommendations": "Art tell represent summer ball peace onto."
        },
        {
          "issue_description": "Become dark west century subject in the roof trusses.",
          "severity": "minor",
          "recommendations": "Green brother pull response lose surface effort office food administration discussion last."
        },
        {
          "issue_description": "Before local career out agent in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Fall church course peace turn as discuss more control.",
          "estimated_repair_cost": 57061
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-3 Light Industrial",
    "permitted_uses": [
      "somebody",
      "often",
      "program",
      "beat",
      "push"
    ],
    "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."
  },
  "legal_encumbrances": [
    {
      "type": "Lien",
      "description": "Letter kid trade argue man.",
      "impact_on_property": "moderate",
      "cleared_status": false
    },
    {
      "type": "Lien",
      "description": "Plan simple away American.",
      "impact_on_property": "significant",
      "cleared_status": true
    }
  ]
}