COMMUNITY SHOPPING CENTER Cost Card for 10021581

LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/23/2025 7:22 AM Current Working Values

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	*
FINISHED OPEN PORCH	1975	984	30	295	*














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	-	*
2	SWR PLT	SEWER PLANT (PER GALLON CAPACITY)	0.00	0.00	10000.00	3.00	1.00	B	1983	1.00	0.60	-	*
3	SLAB	SLAB - CONCRETE	0.00	0.00	1342.00	6.93	1.00	L	1983	2.00	0.60	-	*
4	DECK	DECK - WOOD	0.00	0.00	560.00	33.33	1.00	B	1983	2.00	0.60	-	*
5	SLAB	SLAB - CONCRETE	0.00	0.00	300.00	6.93	1.00	L	2009	2.00	0.70	-	*
6	FENCE A	FENCE - WOOD STOCKADE	50.00	6.00	300.00	4.25	1.00	L	2009	10.00	0.60	-	*





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	127.00	118.11	5,338	630,471	57%	359,369

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	Current Values	2024
BUILDING COST VALUE	*	*
BUILDING EXTRA FEATURES	*	*
LAND EXTRA FEATURES	*	*
LAND VALUE	*	3,459,785
COST APPROACH VALUE	*	*
INCOME APPROACH VALUE	5,650,931	5,650,931
SALES APPROACH VALUE	*	*
MARKET VALUE	*	5,650,931

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

LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/23/2025 7:22 AM Current Working Values

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











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	127.00	128.27	4,223	541,684	57%	308,760

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	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/23/2025 7:22 AM Current Working Values

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	*
FINISHED OPEN PORCH	1975	2,440	30	732	*














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	127.00	114.30	10,736	1,227,125	57%	699,461

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	Current Values	2024

LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/23/2025 7:22 AM Current Working Values

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	*
FINISHED OPEN PORCH	1975	943	30	283	*
STOOP	1975	581	10	58	*













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

224.00

16.35

1.00

L

1995

5.00

0.60

-

*

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	266.00	324.52	3,684	1,195,532	57%	681,453

IMP TYPE

56 - Restaurant

MODEL

4 - COMMERCIAL

FLOOR 1

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

VALUE SUMMARY	Current Values	2024