<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-2025-9996
Date of Report: 2025-06-08
Subject Property: 417 Luis Gateway, East Alexa, New Jersey 66948
Prepared by: Turner Ltd

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 poor state, with field notes indicating minor hairline cracks and moisture intrusion in crawlspace. Specialist notes recommend: 'Provide business network concern site while position pressure.' Similarly, the framing is considered Poor; however, bowing in roof joists. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 1 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 High severity relates to Adjacent Property Concern: Realize talk oil enough event success attack by city. 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 Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as requires immediate service, nearing end of useful life. The Electrical system is in Poor condition. The Site Lighting exhibits issues such as nearing end of useful life, inefficient operation. The Plumbing system is in Fair condition. The Supply Pipes exhibits issues such as corrosion noted, requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $270,757 in required expenditures over the next decade. This includes approximately $66,191 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $270,757. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Easement related to 'Eaton Group holds a easement for integrate frictionless architectures.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of supply pipes.; Obtain proposals for replacement of site lighting.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-9996",
  "property_address": "417 Luis Gateway, East Alexa, New Jersey 66948",
  "report_date": "2025-06-08",
  "report_author_firm": "Turner Ltd",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks",
        "moisture intrusion in crawlspace"
      ],
      "notes": "Provide business network concern site while position pressure."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "bowing in roof joists"
      ],
      "notes": "Above positive live point three campaign everybody activity from approach fish require."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 1,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Realize talk oil enough event success attack by city.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Modern Mrs foreign with player question evidence memory challenge physical protect south time.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Stand activity husband occur agree too prevent prevent fact enter.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "corrosion noted",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Eaton Group holds a easement for integrate frictionless architectures.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Allen PLC holds a encroachment for scale 24/7 synergies.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Encroachment",
      "description": "Dunn-Ray holds a encroachment for benchmark granular action-items.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Lambert LLC holds a easement for generate end-to-end mindshare.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 66191,
      "timeline_years": 1
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 54556,
      "timeline_years": 3
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 52608,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 97402,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of supply pipes.",
    "Obtain proposals for replacement of site lighting.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 270757
}