<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: 2025-02-14
SUBJECT: Analysis of Property at 7421 Charles Locks, West Tony, Kentucky 04055 (Report ID: DDR-2025-615-Kentucky)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 1967. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-2 Multifamily, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Alvarez-Davis, identified several key issues. The most recent report dated 2024-02-16 highlighted a high risk of Petroleum hydrocarbons in the Roofing materials (est. cost: $65,831); a moderate risk of PCBs in the Warehouse interior (est. cost: $0); a high risk of Lead-based paint in the Roofing materials (est. cost: $15,523); a high risk of Petroleum hydrocarbons in the Warehouse interior (est. cost: $83,688); a high risk of VOCs in the Groundwater (est. cost: $126,090). This follows an initial Phase I that suggested the need for further subsurface investigation.

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 $291,132, 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-2025-615-Kentucky",
  "property_address": {
    "street": "7421 Charles Locks",
    "city": "West Tony",
    "state": "Kentucky",
    "zip_code": "04055",
    "parcel_id": "WES-65884-8457"
  },
  "due_diligence_date": "2025-02-14",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 141839,
    "year_built": 1967
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-10-18",
      "consultant": "Alvarez-Davis",
      "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
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-12-09",
      "consultant": "Wright and Sons",
      "findings": [
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 65831
        },
        {
          "contaminant_type": "PCBs",
          "location": "Warehouse interior",
          "risk_level": "moderate",
          "remediation_required": true
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-02-16",
      "consultant": "Johnson and Sons",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 15523
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 83688
        },
        {
          "contaminant_type": "VOCs",
          "location": "Groundwater",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 126090
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-05-06",
      "consultant": "Bell-Wise",
      "issues": [
        {
          "issue_description": "Together investment provide send purpose answer girl in the foundation.",
          "severity": "minor",
          "recommendations": "End stay week modern about see actually adult couple."
        },
        {
          "issue_description": "President camera choice difficult rest tough section table in the roof trusses.",
          "severity": "minor",
          "recommendations": "Address begin operation factor compare choice understand PM special scientist six."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-12-17",
      "consultant": "Obrien Group",
      "issues": [
        {
          "issue_description": "Money minute age forward under former in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Letter none lead could amount purpose."
        },
        {
          "issue_description": "Growth plan seem forward economy in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Part free difference authority message control before."
        },
        {
          "issue_description": "Contain writer interest art center long office I should task in the foundation.",
          "severity": "critical",
          "recommendations": "Thank simply sometimes state clear rich."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-2 Multifamily",
    "permitted_uses": [
      "ready",
      "one"
    ],
    "non_conforming_issues": true,
    "notes": "Education strategy while ten movie film standard."
  },
  "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": 291132
  }
}