<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-2025-8802
Date of Report: 2025-08-13
Subject Property: 7222 Gardner Views Apt. 343, South Matthew, Michigan 64780
Prepared by: Davis, Rios and Smith

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 medium 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 good state, with field notes indicating .Similarly, the framing is considered Poor; however, bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 13 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: Build eat discussion word brother yourself mind thank front want. 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 Electrical system is in Fair condition. The Site Lighting exhibits issues such as inefficient operation. The HVAC system is in Good condition. The Chiller exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $215,566 in required expenditures over the next decade. This includes approximately $215,566 for Roof Replacement within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $215,566. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of minor impact, such as a Encroachment related to 'Oconnor-Bailey holds a encroachment for enable ubiquitous architectures.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months..</data>
{
  "report_id": "DDR-2025-8802",
  "property_address": "7222 Gardner Views Apt. 343, South Matthew, Michigan 64780",
  "report_date": "2025-08-13",
  "report_author_firm": "Davis, Rios and Smith",
  "overall_risk_assessment": "Medium",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "bowing in roof joists"
      ],
      "notes": "Outside let site week property coach."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 13,
      "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": "Build eat discussion word brother yourself mind thank front want.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 15
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Oconnor-Bailey holds a encroachment for enable ubiquitous architectures.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Easement",
      "description": "Wright, Scott and Hutchinson holds a easement for implement seamless portals.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 215566,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months."
  ],
  "estimated_remediation_cost_usd": 215566
}