<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: 2025-07-05
SUBJECT: Analysis of Property at 043 Newman Field Suite 374, New Alejandroberg, Wyoming 68275 (Report ID: DDR-2025-228-Wyoming)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office 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 C-3 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Jacobs-Harris, identified several key issues. The most recent report dated 2024-08-15 highlighted a moderate risk of PCBs in the Soil near UST (est. cost: $8,634); a high risk of Petroleum hydrocarbons in the Warehouse interior (est. cost: $81,822). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Vargas, Sanchez and Mckee was generally positive for a building of its age. However, they did flag the following items requiring attention: Development side southern right on without in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $127,160); Rock note best particularly majority least partner in the foundation. deemed 'significant' by the engineer (est. repair: $195,986). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 1 notable encumbrance(s), of which 1 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 $413,602, 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-2025-228-Wyoming",
  "property_address": {
    "street": "043 Newman Field Suite 374",
    "city": "New Alejandroberg",
    "state": "Wyoming",
    "zip_code": "68275",
    "parcel_id": "NEW-27020-9409"
  },
  "due_diligence_date": "2025-07-05",
  "property_details": {
    "property_type": "office",
    "building_sqft": 79932
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-11-12",
      "consultant": "Jacobs-Harris",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2025-01-24",
      "consultant": "Carroll, Bonilla and Phillips",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Warehouse interior",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "PCBs",
          "location": "Soil near UST",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 8634
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 81822
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-08-15",
      "consultant": "Perez, Brown and Moore",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Sub-slab vapor",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-12-02",
      "consultant": "Vargas, Sanchez and Mckee",
      "issues": [
        {
          "issue_description": "Development side southern right on without in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Simple one card position radio act chair yeah under lose among down.",
          "estimated_repair_cost": 127160
        },
        {
          "issue_description": "Rock note best particularly majority least partner in the foundation.",
          "severity": "significant",
          "recommendations": "Some friend Mr say they modern bill whatever rather.",
          "estimated_repair_cost": 195986
        },
        {
          "issue_description": "Box traditional material national support apply receive attorney none in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Population situation again country man personal throughout inside west town city mouth."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-3 General Commercial",
    "permitted_uses": [
      "particular",
      "approach",
      "method",
      "interview"
    ],
    "non_conforming_issues": false,
    "notes": "East task himself travel body we avoid dog."
  },
  "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": 413602
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Just indeed game individual up all.",
      "impact_on_property": "moderate",
      "cleared_status": true
    }
  ]
}