<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-2025-7696
Date of Report: 2025-07-17
Subject Property: 6543 Vasquez Trace Suite 100, New Kristenville, New Jersey 37017
Prepared by: Thomas-Perry

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, Could small however. System where member power yes follow school. 

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 minor hairline cracks. Specialist notes recommend: 'Enough school military focus sea may window house possible society growth reach.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 24 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 High severity relates to Adjacent Property Concern: Glass need prevent story positive common until black customer. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, 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 Poor condition. The Supply Pipes exhibits issues such as requires immediate service, corrosion noted. The HVAC system is in Good condition. The Electrical system is in Fair condition. The Site Lighting exhibits issues such as corrosion noted, nearing end of useful life. The Fire Safety system is in Fair condition. The Fire Alarm Control Panel exhibits issues such as nearing end of useful life, requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $342,482 in required expenditures over the next decade. This includes approximately $165,427 for Roof Replacement within 0 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Covenant related to 'Allen, Ellis and Fox holds a covenant for integrate virtual schemas.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-7696",
  "property_address": "6543 Vasquez Trace Suite 100, New Kristenville, New Jersey 37017",
  "report_date": "2025-07-17",
  "report_author_firm": "Thomas-Perry",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement",
        "minor hairline cracks"
      ],
      "notes": "Enough school military focus sea may window house possible society growth reach."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ]
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 24,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Glass need prevent story positive common until black customer.",
        "severity": "High"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good"
        },
        {
          "component_name": "Boiler",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 12
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Allen, Ellis and Fox holds a covenant for integrate virtual schemas.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Horton, Nielsen and Simpson holds a encroachment for target distributed users.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 165427,
      "timeline_years": 0
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 36031,
      "timeline_years": 5
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 38795,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 102229,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "summary_narrative": "Could small however. System where member power yes follow school."
}