LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/19/2025 9:27 AM Current Working Values
SITE ADDRESS
954 NE PINE ISLAND RD
OWNER'S NAME
MID CAPE 954 LLC
OWNER'S ADDRESS
8250 COLLEGE PKWY #201
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL COMMERCIAL CTR
PB 32 PG 123
TR O LESS R/W OR2581/1378

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 6.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU -1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1986 2,200 185 4,070   *
BASE 1986 14,400 100 14,400   *
MEZZANINE UNFINISHED 1986 400 30 120   *
STORE DISPLAY AREA - FAIR 1986 600 150 900   *
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 17,600 19,490 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 40905.00 4.00 1.00 L 1986 2.00 0.60 - *
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 8.00 1,500.00 1.00 B 1986 2.00 0.60 - *
3 PVMT C PAVEMENT - CONCRETE 0.00 0.00 800.00 5.51 1.00 L 1986 1.00 0.62 - *
4 FENCE A FENCE - WOOD STOCKADE 200.00 6.00 1200.00 4.25 1.00 L 2018 10.00 0.60 - *
5 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 4.00 900.00 1.00 B 1986 2.00 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 4800 WAREHOUSE CC 0 0 1.00 1.00 0 8.50 78,844.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 670,174
FOLIO ID: 10066711 STRAP: 07-44-24-C1-007O0.0000
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.35 40.00 54.00 19,490 1,052,460 60% 631,476
IMP TYPE 82 - Warehouse - Metal/Frame MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2017000049383 3/8/2017 01 37 I 1,650,000
3235/1178 3/24/2000 06 06 I 765,000
2074/804 5/1/1989 06 06 I 840,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 670,174
COST APPROACH VALUE * *
INCOME APPROACH VALUE 1,725,325 1,725,325
SALES APPROACH VALUE * *
MARKET VALUE * 1,725,325
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 2 FOLIO:10066711 PARCEL NO: 07-44-24-C1-007O0.0000
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/19/2025 9:27 AM Current Working Values
SITE ADDRESS
954 NE PINE ISLAND RD
OWNER'S NAME
MID CAPE 954 LLC
OWNER'S ADDRESS
8250 COLLEGE PKWY #201
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL COMMERCIAL CTR
PB 32 PG 123
TR O LESS R/W OR2581/1378

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 4 BUILD UP TAR AND G
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 1988 8,375 100 8,375   *
FINISHED OPEN PORCH 1988 750 30 225   *
RESTAURANT - AVERAGE 1988 1,675 110 1,843   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,800 10,443 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 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 1.00 900.00 1.00 B 2014 2.00 0.80 - *
 
 
 
 
 
 
 
 
 
 
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 4800 WAREHOUSE CC 0 0 1.00 1.00 0 8.50 78,844.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 670,174
FOLIO ID: 10066711 STRAP: 07-44-24-C1-007O0.0000
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.85 136.45 115.98 10,443 1,211,179 60% 726,707
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
VALUE SUMMARY Current Values 2024