<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-2025-1077
Date of Report: 2025-06-10
Subject Property: 083 Lori Harbor Suite 074, North Haileyberg, Alaska 59415
Prepared by: Washington 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 high 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 and spalling concrete. Specialist notes recommend: 'Do center property summer then notice training shake writer special individual hot eight.' Similarly, the framing is considered Fair; however, bowing in roof joists and evidence of past termite activity. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 30 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 Electrical system is in Poor condition. The Panelboards exhibits issues such as requires immediate service. The Plumbing system is in Fair condition. The Supply Pipes exhibits issues such as inefficient operation, nearing end of useful life. The HVAC system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $146,085 in required expenditures over the next decade. This includes approximately $76,345 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $146,085. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Robinson, Haynes and Martinez holds a encroachment for harness impactful mindshare.'. 

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 panelboards..</data>
{
  "report_id": "DDR-2025-1077",
  "property_address": "083 Lori Harbor Suite 074, North Haileyberg, Alaska 59415",
  "report_date": "2025-06-10",
  "report_author_firm": "Washington LLC",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "minor hairline cracks",
        "spalling concrete"
      ],
      "notes": "Do center property summer then notice training shake writer special individual hot eight."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "bowing in roof joists",
        "evidence of past termite activity"
      ]
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 30,
      "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": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 11,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 5
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Robinson, Haynes and Martinez holds a encroachment for harness impactful mindshare.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Mills-Smith holds a easement for syndicate front-end communities.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Martinez and Sons holds a easement for unleash wireless models.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 76345,
      "timeline_years": 2
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 69740,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of panelboards."
  ],
  "estimated_remediation_cost_usd": 146085
}