<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-2025-7984
Date of Report: 2025-06-15
Subject Property: 20615 Maynard Rapid, Port Jamesmouth, Nebraska 03604
Prepared by: Smith-York

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, Today cold than industry. Record black society room pass ten. 

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: 'Yourself plant on defense those deal customer important.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 3 years, its condition is fair, 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 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as requires immediate service. The Electrical system is in Poor condition. The Panelboards exhibits issues such as nearing end of useful life, inefficient operation. The HVAC system is in Good condition. The Plumbing system is in Fair condition. The Water Heaters exhibits issues such as requires immediate service, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $127,219 in required expenditures over the next decade. This includes approximately $49,207 for Sprinkler System Replacement/Repair within 4 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $127,219. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of minor impact, such as a Encroachment related to 'Moreno PLC holds a encroachment for evolve interactive initiatives.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of panelboards.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of sprinkler system.; Obtain proposals for replacement of water heaters..</data>
{
  "report_id": "DDR-2025-7984",
  "property_address": "20615 Maynard Rapid, Port Jamesmouth, Nebraska 03604",
  "report_date": "2025-06-15",
  "report_author_firm": "Smith-York",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement",
        "minor hairline cracks"
      ],
      "notes": "Yourself plant on defense those deal customer important."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ]
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 3,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Moreno PLC holds a encroachment for evolve interactive initiatives.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Encroachment",
      "description": "Middleton, Richardson and Kim holds a encroachment for incubate 24/365 applications.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Williams Group holds a covenant for morph synergistic synergies.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Franklin-Cruz holds a lien for disintermediate 24/7 experiences.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 49207,
      "timeline_years": 4
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 16152,
      "timeline_years": 1
    },
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 61860,
      "timeline_years": 4
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of panelboards.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of sprinkler system.",
    "Obtain proposals for replacement of water heaters."
  ],
  "estimated_remediation_cost_usd": 127219,
  "summary_narrative": "Today cold than industry. Record black society room pass ten."
}