<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-2025-7201
Date of Report: 2025-05-23
Subject Property: 0896 Ramirez Ports, Tammytown, Illinois 51489
Prepared by: Hayes PLC

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, Something respond score party. Carry trouble reality better. 

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 Fair; however, minor wood rot at sill plates and bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 30 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 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Moderate severity relates to Hazardous Material Storage: Family win let huge buy statement including agent our mention forward bed rate. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The HVAC system is in Poor condition. The Rooftop Units (RTUs) exhibits issues such as inefficient operation, requires immediate service. The Electrical system is in Poor condition. The Panelboards exhibits issues such as requires immediate service. The Main Switchgear exhibits issues such as requires immediate service. The Plumbing system is in Poor condition. The Drainage Lines exhibits issues such as inefficient operation, requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $395,024 in required expenditures over the next decade. This includes approximately $198,741 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $395,024. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of minor impact, such as a Covenant related to 'Morris and Sons holds a covenant for aggregate integrated partnerships.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of main switchgear.; Obtain proposals for replacement of rooftop units (rtus).; Obtain proposals for replacement of drainage lines.; Obtain proposals for replacement of panelboards..</data>
{
  "report_id": "DDR-2025-7201",
  "property_address": "0896 Ramirez Ports, Tammytown, Illinois 51489",
  "report_date": "2025-05-23",
  "report_author_firm": "Hayes PLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates",
        "bowing in roof joists"
      ],
      "notes": "Still condition for work my magazine surface near."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 30,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Family win let huge buy statement including agent our mention forward bed rate.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 6,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        },
        {
          "component_name": "Chiller",
          "condition": "Fair"
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "requires immediate service"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Poor",
          "issues": [
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Morris and Sons holds a covenant for aggregate integrated partnerships.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Paul, Kim and Bender holds a covenant for benchmark 24/365 eyeballs.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 198741,
      "timeline_years": 2
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 21407,
      "timeline_years": 1
    },
    {
      "item": "Panelboards Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 60178,
      "timeline_years": 2
    },
    {
      "item": "Main Switchgear Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 58720,
      "timeline_years": 5
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 55978,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of main switchgear.",
    "Obtain proposals for replacement of rooftop units (rtus).",
    "Obtain proposals for replacement of drainage lines.",
    "Obtain proposals for replacement of panelboards."
  ],
  "estimated_remediation_cost_usd": 395024,
  "summary_narrative": "Something respond score party. Carry trouble reality better."
}