<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: 2024-10-14
SUBJECT: Analysis of Property at 131 Ritter Stravenue, New Jessica, Ohio 40521 (Report ID: DDR-2024-147-Ohio)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a industrial facility reportedly constructed circa 2000. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as M-2 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Bailey, Orr and Levine, identified several key issues. The most recent report dated 2024-07-05 highlighted a moderate risk of Asbestos in the Roofing materials (est. cost: $0); a high risk of PCBs in the Roofing materials (est. cost: $0); a high risk of PCBs in the Groundwater (est. cost: $0). This follows an initial Phase I that suggested the need for further subsurface investigation.

In conclusion, our analysis indicates a low risk. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $0, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed with acquisition. Issues identified are considered minor and within typical operational budgets.</data>
{
  "report_id": "DDR-2024-147-Ohio",
  "property_address": {
    "street": "131 Ritter Stravenue",
    "city": "New Jessica",
    "state": "Ohio",
    "zip_code": "40521",
    "parcel_id": "NEW-77541-9399"
  },
  "due_diligence_date": "2024-10-14",
  "property_details": {
    "property_type": "industrial",
    "lot_size_sqft": 45537,
    "year_built": 2000
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-10-04",
      "consultant": "Bailey, Orr and Levine",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-07-05",
      "consultant": "Case, Schneider and Blair",
      "findings": [
        {
          "contaminant_type": "Asbestos",
          "location": "Roofing materials",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "PCBs",
          "location": "Roofing materials",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "PCBs",
          "location": "Groundwater",
          "risk_level": "high",
          "remediation_required": true
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-10-11",
      "consultant": "Ramirez-Johnston",
      "issues": [
        {
          "issue_description": "Edge opportunity success million allow skill in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "The face such adult security relate."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "M-2 Light Industrial",
    "permitted_uses": [
      "list",
      "wonder",
      "Democrat",
      "foot"
    ],
    "non_conforming_issues": true,
    "notes": "Join defense notice radio later various."
  },
  "overall_risk_assessment": {
    "summary_assessment": "low_risk",
    "recommendation": "Proceed with acquisition. Issues identified are considered minor and within typical operational budgets."
  }
}