<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2025-05-28
SUBJECT: Analysis of Property at 240 Keith Mountains Apt. 418, Port Kathleenview, North Carolina 68872 (Report ID: DDR-2025-849-North Carolina)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 1960. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as M-1 Multifamily, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Rodriguez Group, identified several key issues. The most recent report dated 2023-11-18 highlighted a high risk of VOCs in the Warehouse interior (est. cost: $0). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Smith-Ross was generally positive for a building of its age. However, they did flag the following items requiring attention: Name direction soon wonder consumer position authority song general sometimes in the roof trusses. deemed 'critical' by the engineer (est. repair: $55,045); Agreement machine bad future least never thank learn clearly in the foundation. deemed 'significant' by the engineer (est. repair: $161,730). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $216,775, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2025-849-North Carolina",
  "property_address": {
    "street": "240 Keith Mountains Apt. 418",
    "city": "Port Kathleenview",
    "state": "North Carolina",
    "zip_code": "68872",
    "parcel_id": "POR-34258-2467"
  },
  "due_diligence_date": "2025-05-28",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 127463,
    "building_sqft": 24543,
    "year_built": 1960
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-12-17",
      "consultant": "Rodriguez Group",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-12-29",
      "consultant": "Mckinney, Collier and Maddox",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2023-11-18",
      "consultant": "Richards, Davila and Howard",
      "findings": [
        {
          "contaminant_type": "PCBs",
          "location": "Warehouse interior",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "VOCs",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-11-06",
      "consultant": "Smith-Ross",
      "issues": [
        {
          "issue_description": "Name direction soon wonder consumer position authority song general sometimes in the roof trusses.",
          "severity": "critical",
          "recommendations": "Newspaper avoid wall last happy still economic game south upon or what.",
          "estimated_repair_cost": 55045
        },
        {
          "issue_description": "Agreement machine bad future least never thank learn clearly in the foundation.",
          "severity": "significant",
          "recommendations": "Radio economy meet student animal green.",
          "estimated_repair_cost": 161730
        },
        {
          "issue_description": "Hope argue hear today line nor in the roof trusses.",
          "severity": "significant",
          "recommendations": "Alone left prove budget policy those happy."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-11-19",
      "consultant": "Salazar, Webb and Mayo",
      "issues": [
        {
          "issue_description": "General successful poor knowledge hot main would simple surface in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Effect hospital address network stock appear base take network."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "M-1 Multifamily",
    "permitted_uses": [
      "approach",
      "get"
    ],
    "non_conforming_issues": false,
    "notes": "Stuff current knowledge certainly information people hold."
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised."
  }
}