COMMUNITY SHOPPING CENTER Cost Card for 10021581

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/23/2025 7:55 AM

SITE ADDRESS

1975/2019 PERIWINKLE WAY

OWNER'S NAME

RLR INVESTMENTS LLC

OWNER'S ADDRESS

600 GILLAM RD
WILMINGTON OH 45177

PROPERTY DESCRIPTION

PARL IN SE 1/4 OF NW 1/4
S OF SR 867 DESC IN
OR 1044/1472

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	52-202.0 SANIBEL

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		1.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	3	ASPHALT OR COMPOSITION
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	11	CERAMIC CLAY TILE
INTERIOR FLOOR	14	CARPET
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	1975	5,043	100	5,043	0
FINISHED OPEN PORCH	1975	984	30	295	0














TOTALS		6,027		5,338	0

E X T R A F E A T U R E S

LINE	CODE	DESCRIPTION	LENGTH	WIDTH	UNITS	UNIT PRICE	PCT COND	L/B	YEAR	AMN DEPR	DEPR ADJ	CAP FLAG	COST
1	BLK TOP	BLACK TOP - IMPROVED	0.00	0.00	78936.00	4.00	1.00	L	1983	2.00	0.60	-	0
2	SWR PLT	SEWER PLANT (PER GALLON CAPACITY)	0.00	0.00	10000.00	3.00	1.00	B	1983	1.00	0.60	-	0
3	SLAB	SLAB - CONCRETE	0.00	0.00	1342.00	6.93	1.00	L	1983	2.00	0.60	-	0
4	DECK	DECK - WOOD	0.00	0.00	560.00	33.00	1.00	B	1983	2.00	0.60	-	0
5	SLAB	SLAB - CONCRETE	0.00	0.00	300.00	6.93	1.00	L	2009	2.00	0.72	-	0
6	FENCE A	FENCE - WOOD STOCKADE	50.00	6.00	300.00	4.25	1.00	L	2009	10.00	0.60	-	0





TOTAL OF EXTRA FEATURE VALUES													0

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

0

1.00

0

17.50

197,702.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

3,459,785

FOLIO ID: 10021581 STRAP: 25-46-22-T1-00005.0040

CARD 1 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.93	144.47	134.36	5,338	717,214	57%	408,812

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
4825/4047	7/20/2005	06	06	I	7,500,000

VALUE SUMMARY	2024	2023
BUILDING COST VALUE	*	*
BUILDING EXTRA FEATURES	*	*
LAND EXTRA FEATURES	*	*
LAND VALUE	*	*
COST APPROACH VALUE	*	*
INCOME APPROACH VALUE	5,650,931	8,042,263
SALES APPROACH VALUE	*	*
MARKET VALUE	5,650,931	8,042,263

* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/23/2025 7:55 AM

SITE ADDRESS

1975/2019 PERIWINKLE WAY

OWNER'S NAME

RLR INVESTMENTS LLC

OWNER'S ADDRESS

600 GILLAM RD
WILMINGTON OH 45177

PROPERTY DESCRIPTION

PARL IN SE 1/4 OF NW 1/4
S OF SR 867 DESC IN
OR 1044/1472

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	52-202.0 SANIBEL

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		1.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	3	ASPHALT OR COMPOSITION
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	11	CERAMIC CLAY TILE
INTERIOR FLOOR	14	CARPET
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	1976	1,681	100	1,681	0
FINISHED OPEN PORCH	1976	960	30	288	0
RESTAURANT - AVERAGE	1976	1,845	110	2,030	0
SEMI-FINISED BASE	1976	266	80	213	0
STOOP	1976	112	10	11	0











TOTALS		4,864		4,223	0

E X T R A F E A T U R E S

LINE

CODE

DESCRIPTION

LENGTH

WIDTH

UNITS

UNIT PRICE

PCT COND

L/B

YEAR

AMN DEPR

DEPR ADJ

CAP FLAG

COST

TOTAL OF EXTRA FEATURE VALUES

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

0

1.00

0

17.50

197,702.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

3,459,785

FOLIO ID: 10021581 STRAP: 25-46-22-T1-00005.0040

CARD 2 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.01	144.47	145.91	4,223	616,178	57%	351,221

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	2024	2023

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/23/2025 7:55 AM

SITE ADDRESS

1975/2019 PERIWINKLE WAY

OWNER'S NAME

RLR INVESTMENTS LLC

OWNER'S ADDRESS

600 GILLAM RD
WILMINGTON OH 45177

PROPERTY DESCRIPTION

PARL IN SE 1/4 OF NW 1/4
S OF SR 867 DESC IN
OR 1044/1472

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	52-202.0 SANIBEL

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		1.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	3	ASPHALT OR COMPOSITION
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	11	CERAMIC CLAY TILE
INTERIOR FLOOR	14	CARPET
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	1975	10,004	100	10,004	0
FINISHED OPEN PORCH	1975	2,440	30	732	0














TOTALS		12,444		10,736	0

E X T R A F E A T U R E S

LINE

CODE

DESCRIPTION

LENGTH

WIDTH

UNITS

UNIT PRICE

PCT COND

L/B

YEAR

AMN DEPR

DEPR ADJ

CAP FLAG

COST

TOTAL OF EXTRA FEATURE VALUES

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

0

1.00

0

17.50

197,702.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

3,459,785

FOLIO ID: 10021581 STRAP: 25-46-22-T1-00005.0040

CARD 3 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.90	144.47	130.02	10,736	1,395,895	57%	795,660

IMP TYPE

38 - Shopping Center - Neighborhood

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	2024	2023

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/23/2025 7:55 AM

SITE ADDRESS

1975/2019 PERIWINKLE WAY

OWNER'S NAME

RLR INVESTMENTS LLC

OWNER'S ADDRESS

600 GILLAM RD
WILMINGTON OH 45177

PROPERTY DESCRIPTION

PARL IN SE 1/4 OF NW 1/4
S OF SR 867 DESC IN
OR 1044/1472

DOR CODE	16 - COMMUNITY SHOPPING CENTER
NBHD CODE	52-202.0 SANIBEL

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		1.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	16	WOOD FR STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	12	MODULAR METAL\SHINGLE
INTERIOR WALL	6	WOOD PANEL OR CUST
INTERIOR WALL	0	NONE
INTERIOR FLOOR	11	CERAMIC CLAY TILE
INTERIOR FLOOR	14	CARPET
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	4.0000	ABOVE AVERAGE
LIVING UNITS	LVGU	0.00

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	1975	3,343	100	3,343	0
FINISHED OPEN PORCH	1975	943	30	283	0
STOOP	1975	581	10	58	0













TOTALS		4,867		3,684	0

E X T R A F E A T U R E S

LINE	CODE	DESCRIPTION	LENGTH	WIDTH	UNITS	UNIT PRICE	PCT COND	L/B	YEAR	AMN DEPR	DEPR ADJ	CAP FLAG	COST
1	CH LK 4	FENCE - CHAIN LINK - 4 FOOT	0.00	0.00	224.00	16.35	1.00	L	1995	5.00	0.60	-	0










TOTAL OF EXTRA FEATURE VALUES													0

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

1600

CMMNTY SH CTR

0

1.00

0

17.50

197,702.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

3,459,785

FOLIO ID: 10021581 STRAP: 25-46-22-T1-00005.0040

CARD 4 of 4

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.22	269.95	329.34	3,684	1,213,289	57%	691,574

IMP TYPE

56 - Restaurant

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE

VALUE SUMMARY	2024	2023