<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-2025-8157
Date of Report: 2025-05-19
Subject Property: 2423 Cox Grove, South Micheleside, Missouri 07639
Prepared by: Shannon, Evans and Warren

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 fair state, with field notes indicating moisture intrusion in crawlspace. Specialist notes recommend: 'True cup again often main eat story professional condition surface.' Similarly, the framing is considered Poor; however, bowing in roof joists. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 8 years, its condition is good, and it will require monitoring. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. 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 Electrical system is in Poor condition. The Panelboards exhibits issues such as nearing end of useful life, corrosion noted. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as requires immediate service. The Plumbing system is in Good condition. The Water Heaters exhibits issues such as inefficient operation. The HVAC system is in Fair condition. The Boiler exhibits issues such as corrosion noted, nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $81,159 in required expenditures over the next decade. This includes approximately $55,251 for Panelboards Replacement/Repair within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $81,159. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of significant impact, such as a Encroachment related to 'Rodriguez-Wade holds a encroachment for innovate end-to-end e-services.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Obtain proposals for replacement of panelboards..</data>
{
  "report_id": "DDR-2025-8157",
  "property_address": "2423 Cox Grove, South Micheleside, Missouri 07639",
  "report_date": "2025-05-19",
  "report_author_firm": "Shannon, Evans and Warren",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "moisture intrusion in crawlspace"
      ],
      "notes": "True cup again often main eat story professional condition surface."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "bowing in roof joists"
      ]
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 8,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 14
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Good"
        },
        {
          "component_name": "Water Heaters",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Rodriguez-Wade holds a encroachment for innovate end-to-end e-services.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Garcia-Anderson holds a covenant for empower mission-critical mindshare.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Jones, Ramirez and Klein holds a easement for drive robust systems.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 55251,
      "timeline_years": 2
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 25908,
      "timeline_years": 4
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Obtain proposals for replacement of panelboards."
  ],
  "estimated_remediation_cost_usd": 81159
}