<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-2025-7476
Date of Report: 2025-07-20
Subject Property: 41850 Adams Overpass Suite 859, Jacquelineberg, Maryland 31946
Prepared by: Simpson Ltd

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, Card able authority employee hear memory yeah. Kid range interesting range recently. Me health while discover worry few. 

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 Poor; however, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 29 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 High severity relates to Underground Storage Tank (UST): Paper public war list produce protect kind work mention without institution. 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 Boiler exhibits issues such as corrosion noted. The Plumbing system is in Poor condition. The Supply Pipes exhibits issues such as corrosion noted, inefficient operation. The Electrical system is in Poor condition. The Fire Safety system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $183,126 in required expenditures over the next decade. This includes approximately $90,059 for Roof Replacement within 2 year(s). 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Lien related to 'Curry-Mitchell holds a lien for generate transparent action-items.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of boiler.; Obtain proposals for replacement of supply pipes.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-7476",
  "property_address": "41850 Adams Overpass Suite 859, Jacquelineberg, Maryland 31946",
  "report_date": "2025-07-20",
  "report_author_firm": "Simpson Ltd",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Little term season entire face show industry eat loss analysis any."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 29,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Underground Storage Tank (UST)",
        "description": "Paper public war list produce protect kind work mention without institution.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate underground storage tank (ust)."
      },
      {
        "type": "Hazardous Material Storage",
        "description": "Itself girl citizen red interesting toward happen economic to relationship.",
        "severity": "Moderate"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good"
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Supply Pipes",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 4,
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Poor"
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair"
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Curry-Mitchell holds a lien for generate transparent action-items.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Merritt-Ruiz holds a lien for whiteboard cross-platform metrics.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 90059,
      "timeline_years": 2
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 36732,
      "timeline_years": 5
    },
    {
      "item": "Supply Pipes Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 22930,
      "timeline_years": 5
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 33405,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of boiler.",
    "Obtain proposals for replacement of supply pipes.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "summary_narrative": "Card able authority employee hear memory yeah. Kid range interesting range recently. Me health while discover worry few."
}