LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 7/23/2025 8:19 AM
SITE ADDRESS
1511 GRETCHEN AVE S
OWNER'S NAME
MONTERREY REAL ESTATE LLC
OWNER'S ADDRESS
20400 RIVERBROOKE RUN
ESTERO FL 33928
PROPERTY DESCRIPTION
LEHIGH ESTATES UNIT 5
BLK 10 PB 15 PG 85
LOT 6 THRU 9
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
54-203.0
LEE BLVD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 4.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR 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 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 2004 3,127 185 5,786   295,780
BASE 2004 3,177 100 3,177   162,408
FINISHED OPEN PORCH 2004 214 50 108   5,521
PATIO 2004 80 5 4   204
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 6,598 9,075 463,914
          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 WALL DC WALL - DECORATIVE - C.B.S. 40.00 6.00 240.00 18.92 1.00 L 2004 2.00 0.62 - 2,815
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 13289.00 4.00 1.00 L 2004 2.00 0.62 - 32,957
3 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 5.00 1,500.00 1.00 B 2004 2.00 0.62 - 4,650
4 SLAB SLAB - CONCRETE 10.00 20.00 200.00 6.93 1.00 L 2004 2.00 0.62 - 859
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 41,281
                  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 C-2 200 175 1.00 1.00 0 4.00 35,414.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 141,656
FOLIO ID: 10342619 STRAP: 04-45-26-L2-05010.0060
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.20 60.00 72.00 9,075 653,400 71% 463,914
IMP TYPE 84 - Warehouse - CB/Brick MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2024000090966 3/27/2024 01 01 I 1,100,000
3268/2591 6/1/2000 08 08 V 39,000
3268/2589 5/30/2000 06 06 V 12,500
1677/1724 4/1/1983 07 07 V 10,000
 
 
 
VALUE SUMMARY 2024 2023
BUILDING COST VALUE 463,914 470,448
BUILDING EXTRA FEATURES 4,650 4,000
LAND EXTRA FEATURES 36,631 31,853
LAND VALUE 141,656 141,656
COST APPROACH VALUE 646,851 647,957
INCOME APPROACH VALUE 978,808 855,671
SALES APPROACH VALUE 978,808 855,671
MARKET VALUE 978,808 855,671