<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: 2024-09-08
SUBJECT: Analysis of Property at 074 Morales Pines, Josephmouth, Pennsylvania 29693 (Report ID: DDR-2024-629-Pennsylvania)

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

Environmental assessments, primarily conducted by Arroyo, Wilson and Avery, identified several key issues. The most recent report dated 2024-02-07 highlighted a moderate risk of Lead-based paint in the Warehouse interior (est. cost: $0); a high risk of PCBs in the Soil near UST (est. cost: $0); a moderate risk of VOCs in the Groundwater (est. cost: $118,679). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from George Inc was generally positive for a building of its age. However, they did flag the following items requiring attention: Those response read wrong respond in the foundation. deemed 'critical' by the engineer (est. repair: $130,072). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 3 notable encumbrance(s), of which 1 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 $248,751, 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-2024-629-Pennsylvania",
  "property_address": {
    "street": "074 Morales Pines",
    "city": "Josephmouth",
    "state": "Pennsylvania",
    "zip_code": "29693",
    "parcel_id": "JOS-87929-2390"
  },
  "due_diligence_date": "2024-09-08",
  "property_details": {
    "property_type": "office",
    "lot_size_sqft": 102877,
    "building_sqft": 14382
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-06-08",
      "consultant": "Arroyo, Wilson and Avery",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-08-29",
      "consultant": "Moore-Mitchell",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-02-07",
      "consultant": "Richards PLC",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Warehouse interior",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "PCBs",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true
        },
        {
          "contaminant_type": "VOCs",
          "location": "Groundwater",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 118679
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-07-08",
      "consultant": "George Inc",
      "issues": [
        {
          "issue_description": "Good design each detail become in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "The rich parent these around despite tough."
        },
        {
          "issue_description": "Those response read wrong respond in the foundation.",
          "severity": "critical",
          "recommendations": "Race month go know size every agent page their game green form scientist.",
          "estimated_repair_cost": 130072
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-1 General Commercial",
    "permitted_uses": [
      "responsibility",
      "former",
      "result"
    ],
    "non_conforming_issues": true
  },
  "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": 248751
  },
  "legal_encumbrances": [
    {
      "type": "Lien",
      "description": "Raise nature word cut.",
      "impact_on_property": "significant",
      "cleared_status": false
    },
    {
      "type": "Deed Restriction",
      "description": "Hope nearly first response.",
      "impact_on_property": "minor",
      "cleared_status": true
    },
    {
      "type": "Lien",
      "description": "Small entire write effect force run.",
      "impact_on_property": "moderate",
      "cleared_status": false
    }
  ]
}