LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/15/2025 12:14 AM Current Working Values
SITE ADDRESS
136 HANCOCK BRIDGE PKWY
OWNER'S NAME
NNN REIT LP
OWNER'S ADDRESS
450 S ORANGE AVE #900
ORLANDO FL 32801
PROPERTY DESCRIPTION
CAPE CORAL UNIT 23
BLK 1091 PB 14 PG 49
LOTS 25 THRU 37

DOR CODE 11 - STORES, ONE STORY
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 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
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 2008 16,506 100 16,506   1,419,622
FINISHED LOADING PLATFORM 2008 286 30 86   7,397
FINISHED OPEN PORCH 2008 44 30 13   1,118
SEMI-FINISED BASE 2008 3,514 80 2,811   241,764
UNFINISHED LOADING PLATFORM 2008 2,639 15 396   34,059
   
   
   
   
   
   
   
   
   
   
   
TOTALS 22,989 19,812 1,703,959
          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 24034.00 4.00 1.00 L 2008 2.00 0.68 - 65,372
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 20306.00 2.40 1.00 B 2008 2.00 0.68 - 33,139
3 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 1.00 1,500.00 1.00 B 2008 2.00 0.68 - 1,020
4 CANOPY CANOPY/FACADE 47.00 4.00 188.00 29.49 1.00 B 2008 2.00 0.68 - 3,770
5 SLAB SLAB - CONCRETE 20.00 14.00 280.00 6.93 1.00 L 2008 2.00 0.68 - 1,319
6 WALL DC WALL - DECORATIVE - C.B.S. 42.00 6.00 252.00 18.92 1.00 L 2008 2.00 0.68 - 3,242
7 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 13.00 51.00 1.00 L 2008 2.00 0.68 - 451
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 108,313
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1100 STORE 1 FL C1 0 0 1.00 1.00 0 15.00 73,905.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,108,575
FOLIO ID: 10064767 STRAP: 13-44-23-C1-01091.0250
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.93 136.00 126.48 19,812 2,505,822 68% 1,703,959
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000109328 3/31/2022 01 01 I 3,018,349
4820/1132 6/28/2005 02 02 V 1,300,000
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 1,703,959 1,734,759
BUILDING EXTRA FEATURES 37,929 39,007
LAND EXTRA FEATURES 70,384 72,454
LAND VALUE 1,108,575 1,108,575
COST APPROACH VALUE 2,920,847 2,954,795
INCOME APPROACH VALUE 2,151,548 1,983,529
SALES APPROACH VALUE 2,151,548 1,983,529
MARKET VALUE 2,151,548 1,983,529