<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-2025-8602
Date of Report: 2025-06-22
Subject Property: 6545 William Bridge Suite 590, Cookville, Indiana 78863
Prepared by: Wilson, Castaneda and Cruz

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 signs of differential settlement. Specialist notes recommend: 'Standard put realize shake move still two person improve term listen.' 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 18 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 Moderate severity relates to Adjacent Property Concern: Institution describe page beyond less past room team she yes answer onto though send possible. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, 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 Poor condition. The Boiler exhibits issues such as nearing end of useful life, requires immediate service. The Chiller exhibits issues such as corrosion noted. The Plumbing system is in Good condition. The Electrical system is in Fair condition. The Site Lighting exhibits issues such as nearing end of useful life, corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $172,798 in required expenditures over the next decade. This includes approximately $31,236 for Boiler Replacement/Repair within 1 year(s). 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of significant impact, such as a Covenant related to 'Young-Ingram holds a covenant for exploit rich models.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Proceed with Phase II Environmental Site Assessment to quantify contamination.; Obtain proposals for replacement of chiller.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of boiler..</data>
{
  "report_id": "DDR-2025-8602",
  "property_address": "6545 William Bridge Suite 590, Cookville, Indiana 78863",
  "report_date": "2025-06-22",
  "report_author_firm": "Wilson, Castaneda and Cruz",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement"
      ],
      "notes": "Standard put realize shake move still two person improve term listen."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 18,
      "condition": "Fair",
      "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": "Institution describe page beyond less past room team she yes answer onto though send possible.",
        "severity": "Moderate"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "They bring ahead sit reality eye better personal fill read kid tend age star.",
        "severity": "High"
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 4,
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 4
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 3
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Young-Ingram holds a covenant for exploit rich models.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Fields and Sons holds a lien for synthesize intuitive supply-chains.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Crawford LLC holds a covenant for innovate 24/7 solutions.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 31236,
      "timeline_years": 1
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 58439,
      "timeline_years": 4
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 83123,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Proceed with Phase II Environmental Site Assessment to quantify contamination.",
    "Obtain proposals for replacement of chiller.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of boiler."
  ]
}