LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 11:32 PM Current Working Values
SITE ADDRESS
1975-1983 SW PINE ISLAND RD
OWNER'S NAME
1975 SW PINE ISLAND SP LLC
OWNER'S ADDRESS
201 WILSHIRE BLVD STE 102
SANTA MONICA CA 90401
PROPERTY DESCRIPTION
PAR LOC IN W 1/2 OF W 1/2
OF SW 1/4 OF SE 1/4
DESC IN OR 4854 PG 4550
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 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 4 PLYWOOD PANEL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 1,097 100 1,097   259,742
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,097 1,097 259,742
          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 110310.00 4.00 1.00 L 2021 2.00 0.96 - 423,590
2 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 8700.00 18.92 1.00 L 2021 2.00 0.96 - 158,020
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 581,610
                  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 8.50 252,082.00 SF 1.00 - RB
2 9520 LAKE 0 0 1.00 1.00 0 50.00 1.00 AC 1.00 - PB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,142,747
FOLIO ID: 10069924 STRAP: 16-44-23-C3-00007.0000
CARD 1 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.69 145.94 246.64 1,097 270,564 96% 259,742
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2019000256562 10/31/2019 01 01 V 1,150,000
2013000269063 12/3/2013 11 11 V 170,119
4854/4550 7/22/2005 06 06 V 1,100,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 3,878,141 3,878,141
BUILDING EXTRA FEATURES 71,712 71,712
LAND EXTRA FEATURES 581,610 581,610
LAND VALUE 2,142,747 2,142,747
COST APPROACH VALUE 6,674,210 6,674,210
INCOME APPROACH VALUE 7,424,497 7,424,497
SALES APPROACH VALUE 7,424,497 7,424,497
MARKET VALUE 7,424,497 7,424,497
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 11:32 PM Current Working Values
SITE ADDRESS
1975-1983 SW PINE ISLAND RD
OWNER'S NAME
1975 SW PINE ISLAND SP LLC
OWNER'S ADDRESS
201 WILSHIRE BLVD STE 102
SANTA MONICA CA 90401
PROPERTY DESCRIPTION
PAR LOC IN W 1/2 OF W 1/2
OF SW 1/4 OF SE 1/4
DESC IN OR 4854 PG 4550
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 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 100.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 10,095 100 10,095   654,156
FINISHED OPEN PORCH 2021 150 50 75   4,860
SEMI-FINISED BASE 2021 3,407 85 2,896   187,661
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,652 13,066 846,677
          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 17.00 900.00 1.00 B 2021 2.00 0.96 - 14,688
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 14,688
                  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 8.50 252,082.00 SF 1.00 - RB
2 9520 LAKE 0 0 1.00 1.00 0 50.00 1.00 AC 1.00 - PB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,142,747
FOLIO ID: 10069924 STRAP: 16-44-23-C3-00007.0000
CARD 2 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.35 50.00 67.50 13,066 881,955 96% 846,677
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
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 11:32 PM Current Working Values
SITE ADDRESS
1975-1983 SW PINE ISLAND RD
OWNER'S NAME
1975 SW PINE ISLAND SP LLC
OWNER'S ADDRESS
201 WILSHIRE BLVD STE 102
SANTA MONICA CA 90401
PROPERTY DESCRIPTION
PAR LOC IN W 1/2 OF W 1/2
OF SW 1/4 OF SE 1/4
DESC IN OR 4854 PG 4550
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 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 100.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 6,129 100 6,129   403,043
FINISHED OPEN PORCH 2021 132 50 67   4,406
SEMI-FINISED BASE 2021 6,799 85 5,779   380,027
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,060 11,975 787,476
          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 23.00 900.00 1.00 B 2021 2.00 0.96 - 19,872
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 19,872
                  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 8.50 252,082.00 SF 1.00 - RB
2 9520 LAKE 0 0 1.00 1.00 0 50.00 1.00 AC 1.00 - PB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,142,747
FOLIO ID: 10069924 STRAP: 16-44-23-C3-00007.0000
CARD 3 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.37 50.00 68.50 11,975 820,288 96% 787,476
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
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 11:32 PM Current Working Values
SITE ADDRESS
1975-1983 SW PINE ISLAND RD
OWNER'S NAME
1975 SW PINE ISLAND SP LLC
OWNER'S ADDRESS
201 WILSHIRE BLVD STE 102
SANTA MONICA CA 90401
PROPERTY DESCRIPTION
PAR LOC IN W 1/2 OF W 1/2
OF SW 1/4 OF SE 1/4
DESC IN OR 4854 PG 4550
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 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 100.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 14,089 100 14,089   852,103
FINISHED OPEN PORCH 2021 303 50 152   9,193
SEMI-FINISED BASE 2021 7,951 85 6,758   408,724
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 22,343 20,999 1,270,020
          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 23.00 900.00 1.00 B 2021 2.00 0.96 - 19,872
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 19,872
                  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 8.50 252,082.00 SF 1.00 - RB
2 9520 LAKE 0 0 1.00 1.00 0 50.00 1.00 AC 1.00 - PB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,142,747
FOLIO ID: 10069924 STRAP: 16-44-23-C3-00007.0000
CARD 4 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.26 50.00 63.00 20,999 1,322,937 96% 1,270,020
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
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/31/2024 11:32 PM Current Working Values
SITE ADDRESS
1975-1983 SW PINE ISLAND RD
OWNER'S NAME
1975 SW PINE ISLAND SP LLC
OWNER'S ADDRESS
201 WILSHIRE BLVD STE 102
SANTA MONICA CA 90401
PROPERTY DESCRIPTION
PAR LOC IN W 1/2 OF W 1/2
OF SW 1/4 OF SE 1/4
DESC IN OR 4854 PG 4550
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 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 100.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2021 7,254 100 7,254   490,951
FINISHED OPEN PORCH 2021 125 50 63   4,264
SEMI-FINISED BASE 2021 3,807 85 3,236   219,012
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 11,186 10,553 714,227
          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 20.00 900.00 1.00 B 2021 2.00 0.96 - 17,280
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 17,280
                  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 8.50 252,082.00 SF 1.00 - RB
2 9520 LAKE 0 0 1.00 1.00 0 50.00 1.00 AC 1.00 - PB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,142,747
FOLIO ID: 10069924 STRAP: 16-44-23-C3-00007.0000
CARD 5 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.41 50.00 70.50 10,553 743,987 96% 714,227
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