<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-2025-3786
Date of Report: 2025-07-27
Subject Property: 05482 Brent Fords, Breannaport, North Dakota 54969
Prepared by: Cox PLC

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 signs of differential settlement. Specialist notes recommend: 'Benefit election less better impact long either always film.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 22 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 'No RECs Identified'. 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 Plumbing system is in Good condition. The HVAC system is in Poor condition. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as requires immediate service, corrosion noted. The Electrical system is in Poor condition. The Main Switchgear exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $332,863 in required expenditures over the next decade. This includes approximately $229,855 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $332,863. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Encroachment related to 'Hamilton Ltd holds a encroachment for repurpose user-centric vortals.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of main switchgear.; Obtain proposals for replacement of sprinkler system..</data>
{
  "report_id": "DDR-2025-3786",
  "property_address": "05482 Brent Fords, Breannaport, North Dakota 54969",
  "report_date": "2025-07-27",
  "report_author_firm": "Cox PLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement"
      ],
      "notes": "Benefit election less better impact long either always film."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ],
      "notes": "North discussion indeed million reduce dog recognize."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 22,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor"
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 15
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 10,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Hamilton Ltd holds a encroachment for repurpose user-centric vortals.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Johnson-Pena holds a covenant for brand seamless initiatives.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Encroachment",
      "description": "Bowen, Flores and Casey holds a encroachment for matrix real-time bandwidth.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Barnett, Hogan and Sanders holds a lien for iterate B2C experiences.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 229855,
      "timeline_years": 2
    },
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 49014,
      "timeline_years": 5
    },
    {
      "item": "Main Switchgear Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 53994,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of main switchgear.",
    "Obtain proposals for replacement of sprinkler system."
  ],
  "estimated_remediation_cost_usd": 332863
}