<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-2025-8568
Date of Report: 2025-07-16
Subject Property: 96686 Massey Port Apt. 479, Maystown, North Dakota 19088
Prepared by: Taylor, Morse and Anderson

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 minor hairline cracks. Specialist notes recommend: 'Manager past worker bed trial trip current consider call enter training.' Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 6 years, its condition is poor, and it will require monitoring. 

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 Hazardous Material Storage: Late capital wish window easy should fear mention open approach list a near someone. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Poor condition. The Sprinkler System exhibits issues such as inefficient operation. The HVAC system is in Poor condition. The Rooftop Units (RTUs) exhibits issues such as requires immediate service. The Boiler exhibits issues such as requires immediate service. The Plumbing system is in Fair condition. The Electrical system is in Poor condition. The Site Lighting exhibits issues such as inefficient operation, nearing end of useful life. The Panelboards exhibits issues such as requires immediate service, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $467,283 in required expenditures over the next decade. This includes approximately $164,314 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $467,283. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of moderate impact, such as a Covenant related to 'Short, Murray and Perez holds a covenant for benchmark wireless technologies.'. 

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 rooftop units (rtus).; Obtain proposals for replacement of boiler.; Obtain proposals for replacement of panelboards.; Obtain proposals for replacement of sprinkler system.; Obtain proposals for replacement of site lighting.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-8568",
  "property_address": "96686 Massey Port Apt. 479, Maystown, North Dakota 19088",
  "report_date": "2025-07-16",
  "report_author_firm": "Taylor, Morse and Anderson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "minor hairline cracks"
      ],
      "notes": "Manager past worker bed trial trip current consider call enter training."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ]
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 6,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Late capital wish window easy should fear mention open approach list a near someone.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 15,
          "issues": [
            "requires immediate service"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 15
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Short, Murray and Perez holds a covenant for benchmark wireless technologies.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Salas-Jones holds a easement for extend dot-com functionalities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Brown, Morris and Lewis holds a covenant for re-contextualize revolutionary schemas.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 164314,
      "timeline_years": 1
    },
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 64959,
      "timeline_years": 3
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 26834,
      "timeline_years": 1
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 37757,
      "timeline_years": 4
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 57859,
      "timeline_years": 1
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 43289,
      "timeline_years": 2
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 72271,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of rooftop units (rtus).",
    "Obtain proposals for replacement of boiler.",
    "Obtain proposals for replacement of panelboards.",
    "Obtain proposals for replacement of sprinkler system.",
    "Obtain proposals for replacement of site lighting.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 467283
}