The drive has been only been powered on and used for read over the last 3+ years. CrystalDiskInfo reports it's bad but CrystalDiskMark shows decent read/write speeds. Only wrote to it in the very beginning when I dumped a lot of archives into it. Otherwise, very few actual write cycles which is making me think it's still ok to use. However, this isn't a NAS drive and is consumer-grade bought many years ago.
59 hours of usage with 140 reallocated sectors and a failing read error rate - my guess would be the drive has been dropped or damaged somehow, with such low hours of usage and a failing error rate. This would be an RMA if under warranty. Don't trust it for anything important.
Typically I would expect a mechanical WD drive to last for 5 full years of usage - about 44000 hours of run time or more. I've had several reach that age with zero or very few errors.