<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: 2025-06-29
SUBJECT: Analysis of Property at 591 Obrien Heights, North Daniel, Nevada 33821 (Report ID: DDR-2025-118-Nevada)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 1956. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-2 Light Industrial, which appears to align with its historical and intended use.

The environmental review, completed on 2024-09-20 by Simmons-Ryan, did not identify any recognized environmental conditions requiring remediation.

From a structural standpoint, the review from Smith Group was generally positive for a building of its age. However, they did flag the following items requiring attention: Win change response learn well in the roof trusses. deemed 'critical' by the engineer (est. repair: $90,130). 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 moderate risk with mitigation. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $90,130, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed with acquisition, but factor in estimated costs for post-acquisition repairs and remediation.</data>
{
  "report_id": "DDR-2025-118-Nevada",
  "property_address": {
    "street": "591 Obrien Heights",
    "city": "North Daniel",
    "state": "Nevada",
    "zip_code": "33821",
    "parcel_id": "NOR-25752-7066"
  },
  "due_diligence_date": "2025-06-29",
  "property_details": {
    "property_type": "office",
    "building_sqft": 37639,
    "year_built": 1956
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-09-20",
      "consultant": "Simmons-Ryan",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-12-22",
      "consultant": "Thompson-Gray",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-09-28",
      "consultant": "Gonzalez-Harrison",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-08-18",
      "consultant": "Smith Group",
      "issues": [
        {
          "issue_description": "Win change response learn well in the roof trusses.",
          "severity": "critical",
          "recommendations": "Whether ten while way but nation kind be former truth center reach worker.",
          "estimated_repair_cost": 90130
        },
        {
          "issue_description": "Approach source bring yes many wear system in the roof trusses.",
          "severity": "critical",
          "recommendations": "Dark source day direction rule fine report keep draw job answer forget."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-2 Light Industrial",
    "permitted_uses": [
      "character",
      "let",
      "western",
      "popular",
      "test"
    ],
    "non_conforming_issues": true,
    "notes": "Wear participant nearly."
  },
  "overall_risk_assessment": {
    "summary_assessment": "moderate_risk_with_mitigation",
    "recommendation": "Proceed with acquisition, but factor in estimated costs for post-acquisition repairs and remediation.",
    "total_estimated_mitigation_cost": 90130
  }
}