WAREHOUSING, DISTRIBUTION TERMINALS Cost Card for 10070848

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 7/18/2025 1:58 PM

SITE ADDRESS

2607 SW PINE ISLAND RD

OWNER'S NAME

CUBESMART LP

OWNER'S ADDRESS

PO BOX 320099
ALEXANDRIA VA 22320

PROPERTY DESCRIPTION

W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1

DOR CODE	48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE	57-301.0 PINE ISLAND RD CORRIDOR

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	12	MODULAR METAL\SHINGLE
INTERIOR WALL	1	MASONARY OR MINIMUM
INTERIOR WALL	0	NONE
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	-1.00

BUILDING SUBAREA DETAIL

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

BASE	2007	7,830	100	7,830	307,093
FINISHED OPEN PORCH	2007	145	50	75	2,942
SEMI-FINISED BASE	2007	12,737	85	10,826	424,596













TOTALS		20,712		18,731	734,630

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	81845.00	4.00	1.00	L	2007	2.00	0.68	-	222,618
2	OHDOR S	OVERHEAD DOOR - SMALL LESS THAN 10X10	0.00	0.00	136.00	900.00	1.00	B	2007	2.00	0.68	-	83,232
3	DOOR HC	DOOR - HOLLOW CORE	0.00	0.00	30.00	150.00	1.00	B	2007	2.00	0.68	-	3,060
4	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	20712.00	2.40	1.00	B	2007	2.00	0.68	-	33,802
5	CH LK 6	FENCE - CHAIN LINK - 6 FOOT	0.00	0.00	2665.00	23.75	1.00	L	2007	5.00	0.60	-	37,976
6	WALL DC	WALL - DECORATIVE - C.B.S.	6.00	35.00	210.00	18.92	1.00	L	2007	2.00	0.68	-	2,702
7	SLAB	SLAB - CONCRETE	0.00	0.00	285.00	6.93	1.00	L	2007	2.00	0.68	-	1,343




TOTAL OF EXTRA FEATURE VALUES													384,733

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

4800

WAREHOUSE

CORR

0

1.00

0

8.50

212,094.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,802,799

FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000

CARD 1 of 5

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.06	50.00	53.00	18,731	992,743	74%	734,630

IMP TYPE

83 - Personal Storage Facilities

MODEL

6 - WAREHOUSE/INDUSTRIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2014000246642	12/2/2014	01	37	I	8,000,000
4628/2352	2/28/2005	06	06	V	1,250,000
4165/2513	12/12/2003	06	06	V	450,000
1861/3629	8/1/1986	01	01	V	135,000
1794/4658	5/1/1985	03	03	V	95,000

VALUE SUMMARY	2024	2023
BUILDING COST VALUE	3,257,763	3,301,141
BUILDING EXTRA FEATURES	421,930	434,339
LAND EXTRA FEATURES	264,639	225,142
LAND VALUE	1,802,799	1,802,799
COST APPROACH VALUE	5,747,131	5,763,421
INCOME APPROACH VALUE	8,666,709	*
SALES APPROACH VALUE	8,666,709	7,536,512
MARKET VALUE	8,666,709	7,536,512

LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 7/18/2025 1:58 PM

SITE ADDRESS

2607 SW PINE ISLAND RD

OWNER'S NAME

CUBESMART LP

OWNER'S ADDRESS

PO BOX 320099
ALEXANDRIA VA 22320

PROPERTY DESCRIPTION

W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1

DOR CODE	48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE	57-301.0 PINE ISLAND RD CORRIDOR

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	12	MODULAR METAL\SHINGLE
INTERIOR WALL	1	MASONARY OR MINIMUM
INTERIOR WALL	0	NONE
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	-1.00

BUILDING SUBAREA DETAIL

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

BASE	2007	7,830	100	7,830	295,504
FINISHED OPEN PORCH	2007	145	50	75	2,831
SEMI-FINISED BASE	2007	12,737	85	10,826	408,573













TOTALS		20,712		18,731	706,908

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	OHDOR S	OVERHEAD DOOR - SMALL LESS THAN 10X10	0.00	0.00	82.00	900.00	1.00	B	2007	2.00	0.68	-	50,184
2	DOOR HC	DOOR - HOLLOW CORE	0.00	0.00	38.00	150.00	1.00	B	2007	2.00	0.68	-	3,876
3	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	20712.00	2.40	1.00	B	2007	2.00	0.68	-	33,802








TOTAL OF EXTRA FEATURE VALUES													87,862

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

4800

WAREHOUSE

CORR

0

1.00

0

8.50

212,094.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,802,799

FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000

CARD 2 of 5

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.02	50.00	51.00	18,731	955,281	74%	706,908

IMP TYPE

83 - Personal Storage Facilities

MODEL

6 - WAREHOUSE/INDUSTRIAL

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 7/18/2025 1:58 PM

SITE ADDRESS

2607 SW PINE ISLAND RD

OWNER'S NAME

CUBESMART LP

OWNER'S ADDRESS

PO BOX 320099
ALEXANDRIA VA 22320

PROPERTY DESCRIPTION

W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1

DOR CODE	48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE	57-301.0 PINE ISLAND RD CORRIDOR

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	12	MODULAR METAL\SHINGLE
INTERIOR WALL	1	MASONARY OR MINIMUM
INTERIOR WALL	0	NONE
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	-1.00

BUILDING SUBAREA DETAIL

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

BASE	2007	7,950	100	7,950	300,033
FINISHED OPEN PORCH	2007	145	50	75	2,831
SEMI-FINISED BASE	2007	12,616	85	10,724	404,724













TOTALS		20,711		18,749	707,587

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	OHDOR S	OVERHEAD DOOR - SMALL LESS THAN 10X10	0.00	0.00	110.00	900.00	1.00	B	2007	2.00	0.68	-	67,320
2	DOOR HC	DOOR - HOLLOW CORE	0.00	0.00	63.00	150.00	1.00	B	2007	2.00	0.68	-	6,426
3	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	20712.00	2.40	1.00	B	2007	2.00	0.68	-	33,802








TOTAL OF EXTRA FEATURE VALUES													107,548

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

4800

WAREHOUSE

CORR

0

1.00

0

8.50

212,094.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,802,799

FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000

CARD 3 of 5

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.02	50.00	51.00	18,749	956,199	74%	707,587

IMP TYPE

83 - Personal Storage Facilities

MODEL

6 - WAREHOUSE/INDUSTRIAL

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 7/18/2025 1:58 PM

SITE ADDRESS

2607 SW PINE ISLAND RD

OWNER'S NAME

CUBESMART LP

OWNER'S ADDRESS

PO BOX 320099
ALEXANDRIA VA 22320

PROPERTY DESCRIPTION

W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1

DOR CODE	48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE	57-301.0 PINE ISLAND RD CORRIDOR

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	12	MODULAR METAL\SHINGLE
INTERIOR WALL	1	MASONARY OR MINIMUM
INTERIOR WALL	0	NONE
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	-1.00

BUILDING SUBAREA DETAIL

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

BASE	2007	7,962	100	7,962	300,486
FINISHED OPEN PORCH	2007	145	50	75	2,831
SEMI-FINISED BASE	2007	12,604	85	10,713	404,309













TOTALS		20,711		18,750	707,625

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	OHDOR S	OVERHEAD DOOR - SMALL LESS THAN 10X10	0.00	0.00	100.00	900.00	1.00	B	2007	2.00	0.68	-	61,200
2	DOOR HC	DOOR - HOLLOW CORE	0.00	0.00	56.00	150.00	1.00	B	2007	2.00	0.68	-	5,712
3	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	20712.00	2.40	1.00	B	2007	2.00	0.68	-	33,802








TOTAL OF EXTRA FEATURE VALUES													100,714

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

4800

WAREHOUSE

CORR

0

1.00

0

8.50

212,094.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,802,799

FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000

CARD 4 of 5

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.02	50.00	51.00	18,750	956,250	74%	707,625

IMP TYPE

83 - Personal Storage Facilities

MODEL

6 - WAREHOUSE/INDUSTRIAL

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 7/18/2025 1:58 PM

SITE ADDRESS

2607 SW PINE ISLAND RD

OWNER'S NAME

CUBESMART LP

OWNER'S ADDRESS

PO BOX 320099
ALEXANDRIA VA 22320

PROPERTY DESCRIPTION

W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1

DOR CODE	48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE	57-301.0 PINE ISLAND RD CORRIDOR

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		2.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	12	MODULAR METAL\SHINGLE
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	7	VINYL TILE
INTERIOR FLOOR	0	NONE
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	3	CENTRAL
QUALITY	3.0000	AVERAGE
LIVING UNITS	LVGU	1.00

BUILDING SUBAREA DETAIL

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

APARTMENT	2007	1,531	100	1,531	191,620
BASE	2007	1,531	100	1,531	191,620
FINISHED OPEN PORCH	2007	264	30	79	9,888
FINISHED OPEN PORCH	2007	211	30	63	7,885












TOTALS		3,537		3,204	401,013

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

SPKLR

SPRINKLER SYSTEM (INTERIOR)

0.00

3500.00

2.40

1.00

B

2007

2.00

0.68

-

5,712

TOTAL OF EXTRA FEATURE VALUES

5,712

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

DF

CF

TYPE

UNIT PRICE

UNITS

UT

TOTAL ADJ

CAP

EVAL NOTES

1

4800

WAREHOUSE

CORR

0

1.00

0

8.50

212,094.00

SF

1.00

-

RB

TOTAL OF LAND LINE VALUES

1,802,799

FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000

CARD 5 of 5

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.97	153.61	149.00	3,204	477,396	84%	401,013

IMP TYPE

21 - Stores/Office/Res Combination

MODEL

4 - COMMERCIAL

FLOOR 1

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

VALUE SUMMARY	2024	2023