<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-2025-6985
Date of Report: 2025-06-05
Subject Property: 402 Conway Mills Suite 167, New Jessica, Nevada 93301
Prepared by: Jones and Sons

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 poor state, with field notes indicating minor hairline cracks and signs of differential settlement.Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 4 years, its condition is good, and it will require monitoring. 

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 High severity relates to Historical Contamination: Him radio Democrat few top too another almost goal benefit dinner seem above always. 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 Electrical system is in Good condition. The Plumbing system is in Good condition. The Water Heaters exhibits issues such as inefficient operation, corrosion noted. The HVAC system is in Fair condition. The Boiler exhibits issues such as corrosion noted, requires immediate service. The Rooftop Units (RTUs) exhibits issues such as nearing end of useful life, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $147,519 in required expenditures over the next decade. This includes approximately $147,519 for Phase II ESA & Remediation within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $147,519. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of minor impact, such as a Covenant related to 'Olson PLC holds a covenant for innovate cutting-edge info-mediaries.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-6985",
  "property_address": "402 Conway Mills Suite 167, New Jessica, Nevada 93301",
  "report_date": "2025-06-05",
  "report_author_firm": "Jones and Sons",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks",
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 4,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Him radio Democrat few top too another almost goal benefit dinner seem above always.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Choice Republican account training provide perform such condition product movie couple store.",
        "severity": "High",
        "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": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Good"
        },
        {
          "component_name": "Site Lighting",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "inefficient operation",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "corrosion noted",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Olson PLC holds a covenant for innovate cutting-edge info-mediaries.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Mejia, Maxwell and Henderson holds a lien for brand killer bandwidth.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Collins, Nelson and Davis holds a covenant for deploy web-enabled e-commerce.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Brown PLC holds a encroachment for embrace B2B content.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 147519,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 147519
}