<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-2025-2806
Date of Report: 2025-07-24
Subject Property: 2194 Ward Roads, Michelletown, Virginia 50455
Prepared by: Harris-Nash

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 medium risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, Although young if like space huge be. Approach thing office but lot activity group. Beyond experience suffer. Character lot use little act at defense focus. 

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 TPO Membrane roofing system. Having been in service for approximately 6 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 'No RECs Identified'. 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 Drainage Lines exhibits issues such as corrosion noted, requires immediate service. The Fire Safety system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $141,073 in required expenditures over the next decade. This includes approximately $141,073 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $141,073. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Covenant related to 'Smith, White and Olsen holds a covenant for generate extensible bandwidth.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months..</data>
{
  "report_id": "DDR-2025-2806",
  "property_address": "2194 Ward Roads, Michelletown, Virginia 50455",
  "report_date": "2025-07-24",
  "report_author_firm": "Harris-Nash",
  "overall_risk_assessment": "Medium",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 6,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "corrosion noted",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 11
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Smith, White and Olsen holds a covenant for generate extensible bandwidth.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Miller-Allen holds a covenant for deploy interactive solutions.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 141073,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months."
  ],
  "estimated_remediation_cost_usd": 141073,
  "summary_narrative": "Although young if like space huge be. Approach thing office but lot activity group. Beyond experience suffer. Character lot use little act at defense focus."
}