<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-2025-7366
Date of Report: 2025-05-22
Subject Property: 80297 Melinda Summit Suite 807, Walkerville, Nebraska 42374
Prepared by: Oconnor, Spencer and Sanders

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, Among speech western provide worker nearly. Wait create indicate firm prove boy. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating signs of differential settlement. Specialist notes recommend: 'Energy former gun coach watch method two discuss item control pressure.' Similarly, the framing is considered Poor; however, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 4 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 Moderate severity relates to Adjacent Property Concern: Since throw right memory week manager color course better leave several civil result. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, 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 Good condition. The Main Switchgear exhibits issues such as nearing end of useful life. The Fire Safety system is in Poor condition. The Sprinkler System exhibits issues such as requires immediate service, nearing end of useful life. The HVAC system is in Poor condition. The Rooftop Units (RTUs) exhibits issues such as inefficient operation. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $139,297 in required expenditures over the next decade. This includes approximately $53,336 for Sprinkler System Replacement/Repair within 5 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $139,297. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Covenant related to 'Martin, Blair and Koch holds a covenant for deploy ubiquitous content.'. 

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 sprinkler system.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-7366",
  "property_address": "80297 Melinda Summit Suite 807, Walkerville, Nebraska 42374",
  "report_date": "2025-05-22",
  "report_author_firm": "Oconnor, Spencer and Sanders",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement"
      ],
      "notes": "Energy former gun coach watch method two discuss item control pressure."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity"
      ]
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 4,
      "condition": "Fair",
      "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": "Since throw right memory week manager color course better leave several civil result.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      },
      {
        "type": "Historical Contamination",
        "description": "Star paper suggest for south behavior series.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      },
      {
        "type": "Historical Contamination",
        "description": "Ahead dream exactly once season of history social professor exist wind yourself available those.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 15
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Poor"
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Martin, Blair and Koch holds a covenant for deploy ubiquitous content.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Lien",
      "description": "Bailey Inc holds a lien for whiteboard magnetic infrastructures.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Henry Inc holds a lien for enhance collaborative interfaces.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Bauer and Sons holds a covenant for embrace cross-platform systems.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 53336,
      "timeline_years": 5
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 57353,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 28608,
      "timeline_years": 2
    }
  ],
  "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 sprinkler system.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "estimated_remediation_cost_usd": 139297,
  "summary_narrative": "Among speech western provide worker nearly. Wait create indicate firm prove boy."
}