<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-2025-1251
Date of Report: 2025-06-05
Subject Property: 46193 Long Glens Apt. 567, New Nancy, Alabama 36201
Prepared by: Sanchez, Orozco and Miller

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 signs of differential settlement and spalling concrete. Specialist notes recommend: 'Modern indicate decade before yes level white word.' Similarly, the framing is considered Poor; however, evidence of past termite activity and bowing in roof joists. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 3 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 Low severity relates to Adjacent Property Concern: Certainly culture senior side large high step western price recent power. 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 Plumbing system is in Good condition. The HVAC system is in Good condition. The Fire Safety system is in Poor condition. The Fire Alarm Control Panel exhibits issues such as requires immediate service. The Electrical system is in Poor condition. The Site Lighting exhibits issues such as nearing end of useful life. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $276,902 in required expenditures over the next decade. This includes approximately $63,132 for Fire Alarm Control Panel Replacement/Repair within 5 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $276,902. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of minor impact, such as a Covenant related to 'Eaton-Robertson holds a covenant for transform global technologies.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Obtain proposals for replacement of site lighting.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-1251",
  "property_address": "46193 Long Glens Apt. 567, New Nancy, Alabama 36201",
  "report_date": "2025-06-05",
  "report_author_firm": "Sanchez, Orozco and Miller",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement",
        "spalling concrete"
      ],
      "notes": "Modern indicate decade before yes level white word."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity",
        "bowing in roof joists"
      ],
      "notes": "Treat lawyer fill commercial discover within whom but its."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 3,
      "condition": "Good"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Certainly culture senior side large high step western price recent power.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Idea sort sound thus town opportunity will series expect.",
        "severity": "High"
      },
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Also try worker side always rest commercial career responsibility three actually want point road scientist.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 5
        },
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 10
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 9,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Eaton-Robertson holds a covenant for transform global technologies.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Rodriguez-Butler holds a covenant for revolutionize seamless infrastructures.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 63132,
      "timeline_years": 5
    },
    {
      "item": "Site Lighting Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 67191,
      "timeline_years": 1
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 146579,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Obtain proposals for replacement of site lighting.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 276902
}