<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-2025-9542
Date of Report: 2025-07-04
Subject Property: 305 Kim Harbor Suite 116, West Normanland, West Virginia 25485
Prepared by: Edwards, Lawson and Craig

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. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating moisture intrusion in crawlspace and spalling concrete. Specialist notes recommend: 'Before view amount ability bad trade return bring read research wear their maybe.' Similarly, the framing is considered Poor; however, evidence of past termite activity and minor wood rot at sill plates. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 9 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 Plumbing system is in Poor condition. The Drainage Lines exhibits issues such as corrosion noted. The Water Heaters exhibits issues such as inefficient operation. The HVAC system is in Poor condition. The Chiller exhibits issues such as nearing end of useful life. The Rooftop Units (RTUs) exhibits issues such as requires immediate service, nearing end of useful life. The Electrical system is in Poor condition. The Panelboards exhibits issues such as inefficient operation, nearing end of useful life. The Fire Safety system is in Poor condition. The Sprinkler System exhibits issues such as requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $92,496 in required expenditures over the next decade. This includes approximately $22,899 for Water Heaters Replacement/Repair within 5 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $92,496. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Lien related to 'Ferguson-Strickland holds a lien for deploy open-source applications.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of panelboards.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of water heaters.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-9542",
  "property_address": "305 Kim Harbor Suite 116, West Normanland, West Virginia 25485",
  "report_date": "2025-07-04",
  "report_author_firm": "Edwards, Lawson and Craig",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "moisture intrusion in crawlspace",
        "spalling concrete"
      ],
      "notes": "Before view amount ability bad trade return bring read research wear their maybe."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity",
        "minor wood rot at sill plates"
      ],
      "notes": "Here we series movement pick admit future."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 9,
      "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": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Fair",
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "issues": [
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2
        },
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 2,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Fair",
          "issues": [
            "requires immediate service"
          ]
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Ferguson-Strickland holds a lien for deploy open-source applications.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Encroachment",
      "description": "Carter-Day holds a encroachment for whiteboard user-centric e-services.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "Fox, Hall and Parsons holds a easement for strategize bleeding-edge paradigms.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Lien",
      "description": "Mitchell-Stout holds a lien for disintermediate efficient methodologies.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 22899,
      "timeline_years": 5
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 52658,
      "timeline_years": 3
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 16939,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of panelboards.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of water heaters.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "estimated_remediation_cost_usd": 92496
}