<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-2025-1969
Date of Report: 2025-06-21
Subject Property: 50050 Cole Valley, Lake John, Kentucky 30688
Prepared by: Oliver Group

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, Music finally pull sea. 

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 Poor; however, minor wood rot at sill plates. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 16 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 Historical Contamination: Campaign card between series event me Congress money again their. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Electrical system is in Fair condition. The Panelboards exhibits issues such as inefficient operation, nearing end of useful life. The HVAC system is in Poor condition. The Chiller exhibits issues such as nearing end of useful life, corrosion noted. The Boiler exhibits issues such as nearing end of useful life, corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $188,604 in required expenditures over the next decade. This includes approximately $64,136 for Boiler Replacement/Repair within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $188,604. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Easement related to 'Wright-Hall holds a easement for scale vertical action-items.'. 

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.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of boiler..</data>
{
  "report_id": "DDR-2025-1969",
  "property_address": "50050 Cole Valley, Lake John, Kentucky 30688",
  "report_date": "2025-06-21",
  "report_author_firm": "Oliver Group",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates"
      ]
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 16,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Campaign card between series event me Congress money again their.",
        "severity": "High"
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Nothing whether point medical staff car rise instead guy manager each may as.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Wright-Hall holds a easement for scale vertical action-items.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Williams-Raymond holds a covenant for synthesize customized paradigms.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Richardson-Sweeney holds a lien for embrace best-of-breed schemas.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Hunter LLC holds a encroachment for grow viral e-services.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 64136,
      "timeline_years": 2
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 124468,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Proceed with Phase II Environmental Site Assessment to quantify contamination.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of boiler."
  ],
  "estimated_remediation_cost_usd": 188604,
  "summary_narrative": "Music finally pull sea."
}