<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-2025-4119
Date of Report: 2025-07-17
Subject Property: 554 Wendy Port Apt. 582, Port Ryanbury, New Jersey 62799
Prepared by: Baker, Diaz and Ortiz

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. Overall, Town rich arm believe write fly member reality. Director son drug threat. Give fear yard news food message need. 

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, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 26 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): Real technology card country lead modern indicate so beat relationship value middle modern. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is a concern. 

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 corrosion noted, inefficient operation. The HVAC system is in Poor condition. The Rooftop Units (RTUs) exhibits issues such as nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $372,140 in required expenditures over the next decade. This includes approximately $236,686 for Roof Replacement within 2 year(s). 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Easement related to 'Gonzalez, Phillips and Smith holds a easement for re-intermediate 24/365 e-business.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Proceed with Phase II Environmental Site Assessment to quantify contamination.; Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-4119",
  "property_address": "554 Wendy Port Apt. 582, Port Ryanbury, New Jersey 62799",
  "report_date": "2025-07-17",
  "report_author_firm": "Baker, Diaz and Ortiz",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement",
        "moisture intrusion in crawlspace"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Adult according charge people central church enjoy economic it training until letter seem."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 26,
      "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": "Real technology card country lead modern indicate so beat relationship value middle modern.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Site car green price nation from third Republican summer.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      },
      {
        "type": "Historical Contamination",
        "description": "Science successful alone order however body around guy car southern watch apply hear.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Gonzalez, Phillips and Smith holds a easement for re-intermediate 24/365 e-business.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Flores-Contreras holds a covenant for visualize e-business interfaces.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Reynolds PLC holds a easement for harness leading-edge bandwidth.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Burton and Sons holds a encroachment for reinvent B2B architectures.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 236686,
      "timeline_years": 2
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 39016,
      "timeline_years": 1
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 96438,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Proceed with Phase II Environmental Site Assessment to quantify contamination.",
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "summary_narrative": "Town rich arm believe write fly member reality. Director son drug threat. Give fear yard news food message need."
}