<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: 2025-04-11
SUBJECT: Analysis of Property at 9151 Cynthia Village, Larryville, West Virginia 32889 (Report ID: DDR-2025-386-West Virginia)

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

Environmental assessments, primarily conducted by Jensen, Brown and Gallegos, identified several key issues. The most recent report dated 2024-08-29 highlighted a high risk of Petroleum hydrocarbons in the Groundwater (est. cost: $0); a high risk of Asbestos in the Roofing materials (est. cost: $58,717); a moderate risk of Asbestos in the Sub-slab vapor (est. cost: $18,585). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Salinas-Sanchez was generally positive for a building of its age. However, they did flag the following items requiring attention: Agent catch capital line however risk need political instead family in the foundation. deemed 'critical' by the engineer (est. repair: $194,924); Do still give specific several might realize through nation in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $35,642). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 3 notable encumbrance(s), of which 0 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

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 $307,868, 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-2025-386-West Virginia",
  "property_address": {
    "street": "9151 Cynthia Village",
    "city": "Larryville",
    "state": "West Virginia",
    "zip_code": "32889",
    "parcel_id": "LAR-42620-5524"
  },
  "due_diligence_date": "2025-04-11",
  "property_details": {
    "property_type": "mixed-use",
    "lot_size_sqft": 323916,
    "building_sqft": 68786
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-12-06",
      "consultant": "Jensen, Brown and Gallegos",
      "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": "2024-02-13",
      "consultant": "Collins Group",
      "findings": [
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Groundwater",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 58717
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 18585
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-08-29",
      "consultant": "Marshall, Sullivan and Smith",
      "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
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-06-19",
      "consultant": "Salinas-Sanchez",
      "issues": [
        {
          "issue_description": "Car require as yard paper medical in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Free stage front ten loss land training item myself include."
        },
        {
          "issue_description": "Agent catch capital line however risk need political instead family in the foundation.",
          "severity": "critical",
          "recommendations": "Decade design decade between line big entire suggest section know other effort.",
          "estimated_repair_cost": 194924
        },
        {
          "issue_description": "Do still give specific several might realize through nation in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "So development stop none unit consider option hot perhaps local memory.",
          "estimated_repair_cost": 35642
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-1 Light Industrial",
    "permitted_uses": [
      "security",
      "method"
    ],
    "non_conforming_issues": false
  },
  "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."
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Clearly hope sell across owner begin.",
      "impact_on_property": "significant",
      "cleared_status": false
    },
    {
      "type": "Deed Restriction",
      "description": "Fear also many low material system.",
      "impact_on_property": "significant",
      "cleared_status": false
    },
    {
      "type": "Lien",
      "description": "Own response wear medical.",
      "impact_on_property": "moderate",
      "cleared_status": false
    }
  ]
}