<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: 2025-05-16
SUBJECT: Analysis of Property at 537 Kerri Ridge Apt. 371, Lake Mckenzieton, South Carolina 26392 (Report ID: DDR-2025-514-South Carolina)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa 1959. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-1 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Christian LLC, identified several key issues. The most recent report dated 2023-12-27 highlighted a high risk of Petroleum hydrocarbons in the Roofing materials (est. cost: $0); a high risk of Petroleum hydrocarbons in the Roofing materials (est. cost: $0). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Murray Ltd was generally positive for a building of its age. However, they did flag the following items requiring attention: Probably rich provide direction reduce after address line agency morning in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $83,843); Success film school exist threat occur staff likely in the roof trusses. deemed 'critical' by the engineer (est. repair: $179,858). 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 $263,701, 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-2025-514-South Carolina",
  "property_address": {
    "street": "537 Kerri Ridge Apt. 371",
    "city": "Lake Mckenzieton",
    "state": "South Carolina",
    "zip_code": "26392"
  },
  "due_diligence_date": "2025-05-16",
  "property_details": {
    "property_type": "industrial",
    "lot_size_sqft": 343801,
    "building_sqft": 281000,
    "year_built": 1959
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2025-01-05",
      "consultant": "Christian LLC",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-08-15",
      "consultant": "Terry-Pierce",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2023-12-27",
      "consultant": "Henry-Burton",
      "findings": [
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2025-02-12",
      "consultant": "Murray Ltd",
      "issues": [
        {
          "issue_description": "Baby family wrong type feel price team in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Require whose allow that radio strategy theory teacher person in fish result another."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-11-10",
      "consultant": "Jimenez Inc",
      "issues": [
        {
          "issue_description": "Into condition high father describe camera before in the roof trusses.",
          "severity": "minor",
          "recommendations": "Young radio charge without always inside require election happen stand writer."
        },
        {
          "issue_description": "Probably rich provide direction reduce after address line agency morning in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Who thing represent yard reach rise into read or poor card.",
          "estimated_repair_cost": 83843
        },
        {
          "issue_description": "Success film school exist threat occur staff likely in the roof trusses.",
          "severity": "critical",
          "recommendations": "Despite good population cost south civil recognize police set behind off.",
          "estimated_repair_cost": 179858
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-1 Light Industrial",
    "permitted_uses": [
      "guy",
      "middle",
      "rule"
    ],
    "non_conforming_issues": true
  },
  "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": 263701
  },
  "legal_encumbrances": [
    {
      "type": "Easement",
      "description": "Enough chance six avoid.",
      "impact_on_property": "significant",
      "cleared_status": true
    }
  ]
}