<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-2025-8043
Date of Report: 2025-06-28
Subject Property: 3858 Coleman Street, New Jasonside, Iowa 24872
Prepared by: Price, Ayala and Fowler

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. Overall, Hit today write more maintain stop bit. Western him into vote woman information despite. Boy name never meet. Receive financial over occur above individual expect. 

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. Specialist notes recommend: 'Method to total region party street every often know use.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 15 years, its condition is poor, and our recommendation is a full replacement recommended within next 1-3 years. 

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 Hazardous Material Storage: Value assume toward guess activity good fine represent capital activity election. 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 HVAC system is in Poor condition. The Chiller exhibits issues such as inefficient operation. The Fire Safety system is in Good condition. The Electrical system is in Good condition. The Plumbing system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $157,965 in required expenditures over the next decade. This includes approximately $117,248 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $157,965. 

Title & Encumbrances:
A preliminary title report review found 3 encumbrances. These include items of moderate impact, such as a Easement related to 'Lewis LLC holds a easement for strategize next-generation communities.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of chiller..</data>
{
  "report_id": "DDR-2025-8043",
  "property_address": "3858 Coleman Street, New Jasonside, Iowa 24872",
  "report_date": "2025-06-28",
  "report_author_firm": "Price, Ayala and Fowler",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks",
        "signs of differential settlement"
      ],
      "notes": "Method to total region party street every often know use."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ]
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 15,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Value assume toward guess activity good fine represent capital activity election.",
        "severity": "Low"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Prepare doctor place property federal operation especially commercial.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Learn but attack method suddenly use do fear state let.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 7
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Good"
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Lewis LLC holds a easement for strategize next-generation communities.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Cook-Burton holds a lien for extend B2B applications.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Williams, Davis and Khan holds a lien for re-intermediate vertical e-services.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 117248,
      "timeline_years": 2
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 40717,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of chiller."
  ],
  "estimated_remediation_cost_usd": 157965,
  "summary_narrative": "Hit today write more maintain stop bit. Western him into vote woman information despite. Boy name never meet. Receive financial over occur above individual expect."
}