<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-2025-6364
Date of Report: 2025-05-19
Subject Property: 29873 Michael Squares, Baxterton, Delaware 59158
Prepared by: Thomas PLC

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, Key pull later determine have. Visit stand activity light cell word son. Issue radio five lay property space town. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating spalling concrete.Similarly, the framing is considered Poor; however, minor wood rot at sill plates. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 15 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 'No RECs Identified'. 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 Fire Safety system is in Good condition. The Plumbing system is in Fair condition. The Water Heaters exhibits issues such as corrosion noted, nearing end of useful life. The Electrical system is in Fair condition. The Site Lighting exhibits issues such as nearing end of useful life, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $54,971 in required expenditures over the next decade. This includes approximately $54,971 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $54,971. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Encroachment related to 'Barber Ltd holds a encroachment for innovate visionary content.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing..</data>
{
  "report_id": "DDR-2025-6364",
  "property_address": "29873 Michael Squares, Baxterton, Delaware 59158",
  "report_date": "2025-05-19",
  "report_author_firm": "Thomas PLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates"
      ],
      "notes": "Research spend most economic money ability how town."
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 15,
      "condition": "Poor",
      "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": true
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 10
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 7,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 6,
          "issues": [
            "nearing end of useful life",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Barber Ltd holds a encroachment for innovate visionary content.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Encroachment",
      "description": "Myers, Perez and Harris holds a encroachment for whiteboard innovative functionalities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Rodriguez Group holds a lien for transition granular eyeballs.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Kramer-Anderson holds a easement for enable dynamic action-items.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 54971,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing."
  ],
  "estimated_remediation_cost_usd": 54971,
  "summary_narrative": "Key pull later determine have. Visit stand activity light cell word son. Issue radio five lay property space town."
}