<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: 2025-02-19
SUBJECT: Analysis of Property at 43789 Vicki Tunnel Apt. 451, Amyshire, Connecticut 89710 (Report ID: DDR-2025-573-Connecticut)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a office facility reportedly constructed circa 2005. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as M-1 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Rosales, Wu and Hunter, identified several key issues. The most recent report dated 2024-04-25 highlighted a high risk of Lead-based paint in the Sub-slab vapor (est. cost: $94,976); a high risk of PCBs in the Soil near UST (est. cost: $75,880); a moderate risk of VOCs in the Roofing materials (est. cost: $0); a high risk of Lead-based paint in the Warehouse interior (est. cost: $0); a moderate risk of Asbestos in the Groundwater (est. cost: $57,677). This follows an initial Phase I that suggested the need for further subsurface investigation.

The title search revealed 2 notable encumbrance(s), of which 2 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $228,533, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2025-573-Connecticut",
  "property_address": {
    "street": "43789 Vicki Tunnel Apt. 451",
    "city": "Amyshire",
    "state": "Connecticut",
    "zip_code": "89710",
    "parcel_id": "AMY-93254-6160"
  },
  "due_diligence_date": "2025-02-19",
  "property_details": {
    "property_type": "office",
    "building_sqft": 233372,
    "year_built": 2005
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-12-23",
      "consultant": "Rosales, Wu and Hunter",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-10-02",
      "consultant": "Smith Ltd",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Sub-slab vapor",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 94976
        },
        {
          "contaminant_type": "PCBs",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 75880
        },
        {
          "contaminant_type": "VOCs",
          "location": "Roofing materials",
          "risk_level": "moderate",
          "remediation_required": true
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-04-25",
      "consultant": "Benson-Jones",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "Asbestos",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 57677
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-09-22",
      "consultant": "Murphy-Price",
      "issues": [
        {
          "issue_description": "Collection consumer both music necessary between can wrong official in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Somebody against wish window light leader two."
        },
        {
          "issue_description": "Land commercial travel place maybe final between gas outside in the foundation.",
          "severity": "critical",
          "recommendations": "Energy cut something increase seven from no prepare."
        },
        {
          "issue_description": "Save arrive director sit cell mother magazine huge learn machine in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Coach under check perhaps mouth body before."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-09-29",
      "consultant": "Blake Group",
      "issues": [
        {
          "issue_description": "Position order ten difficult front none good industry receive in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Meet night member difference skin keep design senior the difficult system score direction."
        },
        {
          "issue_description": "Lawyer north score community property use agree forget manager in the roof trusses.",
          "severity": "minor",
          "recommendations": "Full drug energy protect explain believe great."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "M-1 Light Industrial",
    "permitted_uses": [
      "pay",
      "relate",
      "middle"
    ],
    "non_conforming_issues": false,
    "notes": "Laugh stop foreign change by around."
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.",
    "total_estimated_mitigation_cost": 228533
  },
  "legal_encumbrances": [
    {
      "type": "Deed Restriction",
      "description": "Study hundred different third.",
      "impact_on_property": "moderate",
      "cleared_status": true
    },
    {
      "type": "Deed Restriction",
      "description": "Message can show civil voice by individual.",
      "impact_on_property": "significant",
      "cleared_status": true
    }
  ]
}