<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-2025-1883
Date of Report: 2025-07-02
Subject Property: 608 Lopez Motorway Suite 704, New Kayleehaven, Oklahoma 33067
Prepared by: Smith and Sons

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 high risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. 

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 EPDM Rubber roofing system. Having been in service for approximately 5 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 '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 HVAC system is in Fair condition. The Chiller exhibits issues such as inefficient operation, requires immediate service. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as requires immediate service, corrosion noted. The Electrical system is in Poor condition. The Panelboards exhibits issues such as corrosion noted. The Main Switchgear exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $108,030 in required expenditures over the next decade. This includes approximately $55,210 for Chiller Replacement/Repair within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $108,030. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Easement related to 'Campbell LLC holds a easement for aggregate 24/365 models.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of chiller.; Obtain proposals for replacement of panelboards..</data>
{
  "report_id": "DDR-2025-1883",
  "property_address": "608 Lopez Motorway Suite 704, New Kayleehaven, Oklahoma 33067",
  "report_date": "2025-07-02",
  "report_author_firm": "Smith and Sons",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 5,
      "condition": "Fair",
      "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": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 2
        },
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 4,
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Campbell LLC holds a easement for aggregate 24/365 models.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Brady-Austin holds a covenant for deliver viral ROI.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Wilson-Conrad holds a encroachment for whiteboard innovative eyeballs.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Easement",
      "description": "Winters-Davies holds a easement for re-intermediate compelling e-tailers.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 55210,
      "timeline_years": 1
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 52820,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of panelboards."
  ],
  "estimated_remediation_cost_usd": 108030
}