LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/19/2025 2:45 PM Current Working Values
SITE ADDRESS
1020 NE PINE ISLAND RD
OWNER'S NAME
MID CAPE 1020 LLC
OWNER'S ADDRESS
8250 COLLEGE PKWY STE 201
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL COMMERCIAL CTR
PB 32 PG 123 TRACT P
LESS R/W OR 2563/2313

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 10.0
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 7 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
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1988 8,420 100 8,420   *
FAIR OFFICE 1988 600 120 720   *
STORE DISPLAY AREA - AVERAGE 1988 1,080 185 1,998   *
STORE DISPLAY AREA - FAIR 1988 3,900 150 5,850   *
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 14,000 16,988 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 51986.00 4.00 1.00 L 1988 2.00 0.60 - *
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 10.00 1,500.00 1.00 B 1988 2.00 0.60 - *
3 FENCE A FENCE - WOOD STOCKADE 135.00 6.00 810.00 4.25 1.00 L 2023 10.00 0.90 - *
 
 
 
 
 
 
 
 
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 CORR 0 0 1.00 1.00 0 8.50 117,099.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 995,342
FOLIO ID: 10066712 STRAP: 07-44-24-C1-007P0.0000
CARD 1 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.25 40.00 50.00 16,988 849,400 60% 509,640
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
2015000183314 8/20/2015 16 16 I 787,000
2015000183313 8/20/2015 16 16 I 6,000
2879/881 10/15/1997 06 06 I 750,000
1439/689 6/1/1980 02 02 V 215,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 995,342
COST APPROACH VALUE * *
INCOME APPROACH VALUE 1,955,606 1,955,606
SALES APPROACH VALUE * *
MARKET VALUE * 1,955,606
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/19/2025 2:45 PM Current Working Values
SITE ADDRESS
1020 NE PINE ISLAND RD
OWNER'S NAME
MID CAPE 1020 LLC
OWNER'S ADDRESS
8250 COLLEGE PKWY STE 201
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL COMMERCIAL CTR
PB 32 PG 123 TRACT P
LESS R/W OR 2563/2313

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 9.0
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 7 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
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1988 1,360 185 2,516   *
BASE 1988 9,140 100 9,140   *
FAIR OFFICE 1988 2,100 120 2,520   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 12,600 14,176 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 L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 9.00 1,500.00 1.00 B 1988 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 CORR 0 0 1.00 1.00 0 8.50 117,099.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 995,342
FOLIO ID: 10066712 STRAP: 07-44-24-C1-007P0.0000
CARD 2 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.24 40.00 49.60 14,176 703,130 60% 421,878
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
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/19/2025 2:45 PM Current Working Values
SITE ADDRESS
1020 NE PINE ISLAND RD
OWNER'S NAME
MID CAPE 1020 LLC
OWNER'S ADDRESS
8250 COLLEGE PKWY STE 201
FORT MYERS FL 33919
PROPERTY DESCRIPTION
CAPE CORAL COMMERCIAL CTR
PB 32 PG 123 TRACT P
LESS R/W OR 2563/2313

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 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
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1988 7,200 100 7,200   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,200 7,200 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 36.00 900.00 1.00 B 1988 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 CORR 0 0 1.00 1.00 0 8.50 117,099.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 995,342
FOLIO ID: 10066712 STRAP: 07-44-24-C1-007P0.0000
CARD 3 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.25 50.00 62.50 7,200 450,000 60% 270,000
IMP TYPE 83 - Personal Storage Facilities MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024