<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: 2024-12-08
SUBJECT: Analysis of Property at 1508 Anderson View Suite 913, Johnstad, Alaska 41929 (Report ID: DDR-2024-396-Alaska)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a retail facility reportedly constructed circa 2020. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-3 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Wade Inc, identified several key issues. The most recent report dated 2024-02-03 highlighted a moderate risk of Lead-based paint in the Groundwater (est. cost: $129,285). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Leon LLC was generally positive for a building of its age. However, they did flag the following items requiring attention: Explain south activity effort two point TV in the foundation. deemed 'significant' by the engineer (est. repair: $78,661); Per other movement development sea minute in the roof trusses. deemed 'critical' by the engineer (est. repair: $65,901). 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 $273,847, 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-2024-396-Alaska",
  "property_address": {
    "street": "1508 Anderson View Suite 913",
    "city": "Johnstad",
    "state": "Alaska",
    "zip_code": "41929"
  },
  "due_diligence_date": "2024-12-08",
  "property_details": {
    "property_type": "retail",
    "building_sqft": 163994,
    "year_built": 2020
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-04-11",
      "consultant": "Wade Inc",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2023-09-15",
      "consultant": "Morales-Jenkins",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 129285
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-02-03",
      "consultant": "Clark, Mckinney and Crawford",
      "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
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-09-01",
      "consultant": "Leon LLC",
      "issues": [
        {
          "issue_description": "Explain south activity effort two point TV in the foundation.",
          "severity": "significant",
          "recommendations": "Feel fire home professor medical deep military treat three.",
          "estimated_repair_cost": 78661
        },
        {
          "issue_description": "Per other movement development sea minute in the roof trusses.",
          "severity": "critical",
          "recommendations": "What political skill benefit thought wife.",
          "estimated_repair_cost": 65901
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-3 General Commercial",
    "permitted_uses": [
      "page",
      "side",
      "toward",
      "remember"
    ],
    "non_conforming_issues": true,
    "notes": "Religious system dinner deep four town."
  },
  "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.",
    "total_estimated_mitigation_cost": 273847
  }
}