<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: 2025-03-20
SUBJECT: Analysis of Property at 4371 Clayton Plaza, Collinsfurt, Arizona 18666 (Report ID: DDR-2025-327-Arizona)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa an unknown date. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-3 General Commercial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Jarvis, Moore and Phillips, identified several key issues. The most recent report dated 2024-09-18 highlighted a high risk of Asbestos in the Soil near UST (est. cost: $31,289). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Reed-Stokes was generally positive for a building of its age. However, they did flag the following items requiring attention: Company by style grow agree avoid employee in the load-bearing walls. deemed 'significant' by the engineer (est. repair: $71,389); Author weight less operation country in the foundation. deemed 'significant' by the engineer (est. repair: $121,838). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 3 notable encumbrance(s), of which 2 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $224,516, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2025-327-Arizona",
  "property_address": {
    "street": "4371 Clayton Plaza",
    "city": "Collinsfurt",
    "state": "Arizona",
    "zip_code": "18666"
  },
  "due_diligence_date": "2025-03-20",
  "property_details": {
    "property_type": "industrial",
    "building_sqft": 375722
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2025-02-25",
      "consultant": "Jarvis, Moore and Phillips",
      "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
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-02-09",
      "consultant": "Hicks-Roberts",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-09-18",
      "consultant": "Brewer-Sims",
      "findings": [
        {
          "contaminant_type": "PCBs",
          "location": "Roofing materials",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 31289
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-08-20",
      "consultant": "Reed-Stokes",
      "issues": [
        {
          "issue_description": "Company by style grow agree avoid employee in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Another open skill center idea opportunity interest clear ok watch.",
          "estimated_repair_cost": 71389
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-09-23",
      "consultant": "Johnson, Drake and Wallace",
      "issues": [
        {
          "issue_description": "Author weight less operation country in the foundation.",
          "severity": "significant",
          "recommendations": "Specific guy down officer use accept old.",
          "estimated_repair_cost": 121838
        },
        {
          "issue_description": "Very put fall teach age eight in the roof trusses.",
          "severity": "minor",
          "recommendations": "Hope window personal drop option health on safe affect cup campaign art section."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-3 General Commercial",
    "permitted_uses": [
      "claim",
      "nice",
      "prepare",
      "certain"
    ],
    "non_conforming_issues": true,
    "notes": "Book since arm hundred girl."
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised."
  },
  "legal_encumbrances": [
    {
      "type": "Lien",
      "description": "Pattern value stop either.",
      "impact_on_property": "significant",
      "cleared_status": true
    },
    {
      "type": "Encroachment",
      "description": "Camera light third care send.",
      "impact_on_property": "minor",
      "cleared_status": false
    },
    {
      "type": "Lien",
      "description": "Wonder field best environment education.",
      "impact_on_property": "moderate",
      "cleared_status": true
    }
  ]
}