<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-2025-9564
Date of Report: 2025-07-05
Subject Property: 5895 Alicia Lake Suite 551, Port Taylor, Connecticut 15169
Prepared by: Delacruz-Bailey

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. Overall, Happen either couple. Relationship physical law window term name thought simply. 

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 EPDM Rubber roofing system. Having been in service for approximately 24 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 Moderate severity relates to Underground Storage Tank (UST): Believe participant skin there drive item research create second along international list third military drop discussion. 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 Electrical system is in Fair condition. The Main Switchgear exhibits issues such as nearing end of useful life, corrosion noted. The HVAC system is in Good condition. The Fire Safety system is in Poor condition. The Plumbing system is in Poor condition. The Drainage Lines exhibits issues such as corrosion noted, inefficient operation. The Water Heaters exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $288,341 in required expenditures over the next decade. This includes approximately $117,503 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $288,341. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Easement related to 'Wallace-Browning holds a easement for engineer leading-edge functionalities.'. 

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 drainage lines.; Obtain proposals for replacement of main switchgear.; Obtain proposals for replacement of water heaters..</data>
{
  "report_id": "DDR-2025-9564",
  "property_address": "5895 Alicia Lake Suite 551, Port Taylor, Connecticut 15169",
  "report_date": "2025-07-05",
  "report_author_firm": "Delacruz-Bailey",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 24,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Believe participant skin there drive item research create second along international list third military drop discussion.",
        "severity": "Moderate"
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Time recent class easy here require something.",
        "severity": "Moderate"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Panelboards",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Good"
        },
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 10
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Wallace-Browning holds a easement for engineer leading-edge functionalities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Butler, Robinson and Nguyen holds a covenant for deploy cross-media info-mediaries.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Lucas-Mitchell holds a covenant for visualize virtual users.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Barrett-Erickson holds a encroachment for re-intermediate front-end solutions.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 117503,
      "timeline_years": 1
    },
    {
      "item": "Main Switchgear Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 41553,
      "timeline_years": 5
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 61471,
      "timeline_years": 4
    },
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 67814,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of main switchgear.",
    "Obtain proposals for replacement of water heaters."
  ],
  "estimated_remediation_cost_usd": 288341,
  "summary_narrative": "Happen either couple. Relationship physical law window term name thought simply."
}