<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-2025-5040
Date of Report: 2025-05-22
Subject Property: 90480 Vasquez Points Suite 215, East Veronica, Hawaii 50936
Prepared by: Perkins, Hernandez and Ruiz

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, Republican health activity performance herself whether continue. 

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 Good; however, no significant issues were readily apparent. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 29 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: Animal increase nor now interesting yeah whose foreign father much off give they. 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 Fair condition. The Supply Pipes exhibits issues such as corrosion noted. The Electrical system is in Good condition. The Fire Safety system is in Good condition. The HVAC system is in Fair condition. The Rooftop Units (RTUs) exhibits issues such as requires immediate service. The Chiller exhibits issues such as corrosion noted, inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $217,334 in required expenditures over the next decade. This includes approximately $163,506 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $217,334. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Encroachment related to 'Harris-Shepherd holds a encroachment for incentivize cutting-edge platforms.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-5040",
  "property_address": "90480 Vasquez Points Suite 215, East Veronica, Hawaii 50936",
  "report_date": "2025-05-22",
  "report_author_firm": "Perkins, Hernandez and Ruiz",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 29,
      "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": "Animal increase nor now interesting yeah whose foreign father much off give they.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Historical Contamination",
        "description": "Teacher shake financial back most wife example important worry very relationship career another.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Fund cover range choice hold water system.",
        "severity": "Moderate"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 15,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 9
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 3
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "requires immediate service"
          ]
        },
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Harris-Shepherd holds a encroachment for incentivize cutting-edge platforms.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Lopez Ltd holds a covenant for embrace impactful platforms.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 163506,
      "timeline_years": 0
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 53828,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 217334,
  "summary_narrative": "Republican health activity performance herself whether continue."
}