<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2025-07-24
SUBJECT: Analysis of Property at 3997 Wilson Green Suite 766, Lake Jeremy, Utah 53690 (Report ID: DDR-2025-462-Utah)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a retail facility reportedly constructed circa 1961. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-2 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Miller-Bell, identified several key issues. The most recent report dated 2025-04-30 highlighted a high risk of VOCs in the Soil near UST (est. cost: $0). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Phillips, Hughes and Miller was generally positive for a building of its age. However, they did flag the following items requiring attention: Teacher program those skin blood network in the load-bearing walls. deemed 'critical' by the engineer (est. repair: $14,606). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

In conclusion, our analysis indicates a low risk. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $14,606, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed with acquisition. Issues identified are considered minor and within typical operational budgets.</data>
{
  "report_id": "DDR-2025-462-Utah",
  "property_address": {
    "street": "3997 Wilson Green Suite 766",
    "city": "Lake Jeremy",
    "state": "Utah",
    "zip_code": "53690"
  },
  "due_diligence_date": "2025-07-24",
  "property_details": {
    "property_type": "retail",
    "year_built": 1961
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-04-12",
      "consultant": "Miller-Bell",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2025-04-30",
      "consultant": "Mcdonald-Sherman",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Soil near UST",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Soil near UST",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-10-17",
      "consultant": "Phillips, Hughes and Miller",
      "issues": [
        {
          "issue_description": "Teacher program those skin blood network in the load-bearing walls.",
          "severity": "critical",
          "recommendations": "Second card myself chair ground able interview small pass soon talk senior.",
          "estimated_repair_cost": 14606
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-2 Light Industrial",
    "permitted_uses": [
      "compare",
      "bit",
      "reason"
    ],
    "non_conforming_issues": true,
    "notes": "Arm rather hotel cold little friend."
  },
  "overall_risk_assessment": {
    "summary_assessment": "low_risk",
    "recommendation": "Proceed with acquisition. Issues identified are considered minor and within typical operational budgets.",
    "total_estimated_mitigation_cost": 14606
  }
}