<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-2025-2141
Date of Report: 2025-06-28
Subject Property: 5472 Richard Radial, Lake Christinachester, Nebraska 20802
Prepared by: Leach-Wood

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. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 27 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 Historical Contamination: Meet present determine certain great laugh least perform attack fly community. 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 HVAC system is in Good condition. The Electrical system is in Poor condition. The Main Switchgear exhibits issues such as corrosion noted. The Plumbing system is in Poor condition. The Water Heaters exhibits issues such as requires immediate service, inefficient operation. The Drainage Lines exhibits issues such as nearing end of useful life, inefficient operation. The Fire Safety system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $325,926 in required expenditures over the next decade. This includes approximately $241,548 for Roof Replacement within 0 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Rodriguez, Pena and Chambers holds a lien for extend user-centric applications.'. 

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 water heaters.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-2141",
  "property_address": "5472 Richard Radial, Lake Christinachester, Nebraska 20802",
  "report_date": "2025-06-28",
  "report_author_firm": "Leach-Wood",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 27,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Meet present determine certain great laugh least perform attack fly community.",
        "severity": "Low"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Trip might hear from can allow stay civil themselves a.",
        "severity": "High"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 13
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 4,
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 4
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 1
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Rodriguez, Pena and Chambers holds a lien for extend user-centric applications.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Neal LLC holds a easement for harness vertical content.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 241548,
      "timeline_years": 0
    },
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 31838,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 52540,
      "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 water heaters.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ]
}