<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-2025-7179
Date of Report: 2025-06-01
Subject Property: 79165 Eric Lock, Susanhaven, Maryland 17634
Prepared by: Williams LLC

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 and moisture intrusion in crawlspace.Similarly, the framing is considered Poor; however, minor wood rot at sill plates. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 24 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 Low severity relates to Underground Storage Tank (UST): Nice line stay sort moment record remember sport. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, 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 Supply Pipes exhibits issues such as nearing end of useful life, requires immediate service. The Electrical system is in Good condition. The Panelboards exhibits issues such as inefficient operation. The Fire Safety system is in Poor condition. The Fire Alarm Control Panel exhibits issues such as nearing end of useful life, corrosion noted. The Sprinkler System exhibits issues such as inefficient operation. The HVAC system is in Good condition. The Chiller exhibits issues such as requires immediate service, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $165,735 in required expenditures over the next decade. This includes approximately $78,263 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $165,735. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Brewer Ltd holds a lien for transform value-added channels.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of sprinkler system..</data>
{
  "report_id": "DDR-2025-7179",
  "property_address": "79165 Eric Lock, Susanhaven, Maryland 17634",
  "report_date": "2025-06-01",
  "report_author_firm": "Williams LLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement",
        "moisture intrusion in crawlspace"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates"
      ],
      "notes": "Effort certain century listen pull finish consider."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 24,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Nice line stay sort moment record remember sport.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 12
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 13
        },
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "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": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Brewer Ltd holds a lien for transform value-added channels.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Torres-Collins holds a easement for target bleeding-edge technologies.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 78263,
      "timeline_years": 1
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 35889,
      "timeline_years": 4
    },
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 51583,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of sprinkler system."
  ],
  "estimated_remediation_cost_usd": 165735
}