LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/13/2025 7:12 AM
SITE ADDRESS
4507/4511 CUMMINS CT
OWNER'S NAME
BIG HAT DEVELOPMENT COMPANY LL
OWNER'S ADDRESS
4909 BALL RD
KNOXVILLE TN 37931
PROPERTY DESCRIPTION
BENCHMARK CORPORATE PK
PH 1 PB 42 PG 61
LOT 27 LESS .027A

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-214.0
BILLY CREEK & B F INDUSTRIAL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 3.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 7,300 100 7,300   277,035
CANOPY 1999 1,237 30 371   14,079
FAIR OFFICE 1999 1,100 120 1,320   50,094
FINISHED LOADING PLATFORM 1999 50 60 30   1,139
UNFINISHED LOADING PLATFORM 1999 550 30 165   6,262
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,237 9,186 348,609
          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 0.00 9500.00 2.40 1.00 B 1999 2.00 0.60 - 13,680
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 21.00 1,500.00 1.00 B 1999 2.00 0.60 - 18,900
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 2281.00 23.75 1.00 L 1999 5.00 0.60 - 32,504
4 SLAB SLAB - CONCRETE 24.00 10.00 240.00 6.93 1.00 L 1999 2.00 0.60 - 998
5 CH LK 8 FENCE - CHAIN LINK - 8 FOOT 0.00 0.00 68.00 31.25 1.00 L 1999 5.00 0.60 - 1,275
6 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 139357.00 4.00 1.00 L 1999 2.00 0.60 - 334,457
7 PVMT C PAVEMENT - CONCRETE 0.00 0.00 8958.00 5.51 1.00 L 1999 1.00 0.76 - 37,513
8 SHED FR SHED - FRAME W/FLOOR 12.00 10.00 120.00 29.56 1.00 B 2013 2.00 0.80 - 2,838
 
 
 
TOTAL OF EXTRA FEATURE VALUES 442,165
                  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 IL 0 0 1.00 1.00 0 4.43 242,629.20 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,074,847
FOLIO ID: 10249868 STRAP: 16-44-25-P4-00300.0270
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.34 47.20 63.25 9,186 581,015 60% 348,609
IMP TYPE 71 - Distribution Warehouse MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2953/2103 4/29/1998 06 01 V 290,000
2687/425 3/6/1996 04 04 I 1,000
 
 
 
 
 
VALUE SUMMARY 2024 2023
BUILDING COST VALUE 647,997 647,997
BUILDING EXTRA FEATURES 60,827 55,198
LAND EXTRA FEATURES 406,747 336,892
LAND VALUE 1,074,847 1,074,847
COST APPROACH VALUE 2,190,418 2,114,934
INCOME APPROACH VALUE 1,768,192 *
SALES APPROACH VALUE 1,768,192 1,536,908
MARKET VALUE 1,768,192 1,536,908
LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 6/13/2025 7:12 AM
SITE ADDRESS
4507/4511 CUMMINS CT
OWNER'S NAME
BIG HAT DEVELOPMENT COMPANY LL
OWNER'S ADDRESS
4909 BALL RD
KNOXVILLE TN 37931
PROPERTY DESCRIPTION
BENCHMARK CORPORATE PK
PH 1 PB 42 PG 61
LOT 27 LESS .027A

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-214.0
BILLY CREEK & B F INDUSTRIAL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 3.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 5,876 100 5,876   227,965
CANOPY 1999 1,012 30 304   11,794
FAIR OFFICE 1999 1,100 120 1,320   51,211
FINISHED LOADING PLATFORM 1999 50 60 30   1,164
UNFINISHED LOADING PLATFORM 1999 550 30 165   6,401
UNFINISHED UTILITY 1999 44 50 22   854
   
   
   
   
   
   
   
   
   
   
TOTALS 8,632 7,717 299,389
          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 0.00 7020.00 2.40 1.00 B 1999 2.00 0.60 - 10,109
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 17.00 1,500.00 1.00 B 1999 2.00 0.60 - 15,300
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 25,409
                  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 IL 0 0 1.00 1.00 0 4.43 242,629.20 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,074,847
FOLIO ID: 10249868 STRAP: 16-44-25-P4-00300.0270
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.37 47.20 64.66 7,717 498,981 60% 299,389
IMP TYPE 71 - Distribution Warehouse MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY 2024 2023