<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-2025-4099
Date of Report: 2025-08-09
Subject Property: 6475 Wagner Lights Apt. 107, Marvinport, New Jersey 85997
Prepared by: Nelson, Perez and Cole

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. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating signs of differential settlement and minor hairline cracks. Specialist notes recommend: 'Soldier talk interest view else appear modern professor.' Similarly, the framing is considered Poor; however, minor wood rot at sill plates. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 2 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of High severity relates to Adjacent Property Concern: Exist huge never theory defense total training situation money common team likely sister choose. 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 HVAC system is in Fair condition. The Rooftop Units (RTUs) exhibits issues such as requires immediate service, corrosion noted. The Plumbing system is in Poor condition. The Drainage Lines 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 $245,421 in required expenditures over the next decade. This includes approximately $73,612 for Rooftop Units (RTUs) Replacement/Repair within 3 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $245,421. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Easement related to 'Jones, Russell and Mendoza holds a easement for productize 24/7 initiatives.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Proceed with Phase II Environmental Site Assessment to quantify contamination.; Obtain proposals for replacement of drainage lines.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-4099",
  "property_address": "6475 Wagner Lights Apt. 107, Marvinport, New Jersey 85997",
  "report_date": "2025-08-09",
  "report_author_firm": "Nelson, Perez and Cole",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement",
        "minor hairline cracks"
      ],
      "notes": "Soldier talk interest view else appear modern professor."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates"
      ]
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 2,
      "condition": "Fair",
      "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": "Exist huge never theory defense total training situation money common team likely sister choose.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good"
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 4,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "nearing end of useful life",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Jones, Russell and Mendoza holds a easement for productize 24/7 initiatives.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Adkins Ltd holds a encroachment for whiteboard world-class eyeballs.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 73612,
      "timeline_years": 3
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 48293,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 123516,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Proceed with Phase II Environmental Site Assessment to quantify contamination.",
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "estimated_remediation_cost_usd": 245421
}