LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/18/2025 1:46 PM Current Working Values
SITE ADDRESS
2607 SW PINE ISLAND RD
OWNER'S NAME
CUBESMART LP
OWNER'S ADDRESS
PO BOX 320099
ALEXANDRIA VA 22320
PROPERTY DESCRIPTION
W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1
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 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
LIVING UNITS LVGU -1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2007 7,830 100 7,830   242,354
FINISHED OPEN PORCH 2007 145 50 75   2,321
SEMI-FINISED BASE 2007 12,737 85 10,826   335,086
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 20,712 18,731 579,762
          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 81845.00 4.00 1.00 L 2007 2.00 0.66 - 216,071
2 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 136.00 900.00 1.00 B 2007 2.00 0.66 - 80,784
3 DOOR HC DOOR - HOLLOW CORE 0.00 0.00 30.00 150.00 1.00 B 2007 2.00 0.66 - 2,970
4 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 20712.00 2.40 1.00 B 2007 2.00 0.66 - 32,808
5 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 2665.00 23.75 1.00 L 2007 5.00 0.60 - 37,976
6 WALL DC WALL - DECORATIVE - C.B.S. 6.00 35.00 210.00 18.92 1.00 L 2007 2.00 0.66 - 2,622
7 SLAB SLAB - CONCRETE 0.00 0.00 285.00 6.93 1.00 L 2007 2.00 0.66 - 1,304
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 374,535
                  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 8.50 212,094.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,802,799
FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000
CARD 1 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.06 40.00 42.40 18,731 794,194 73% 579,762
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
2014000246642 12/2/2014 01 37 I 8,000,000
4628/2352 2/28/2005 06 06 V 1,250,000
4165/2513 12/12/2003 06 06 V 450,000
1861/3629 8/1/1986 01 01 V 135,000
1794/4658 5/1/1985 03 03 V 95,000
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 2,646,606 3,257,763
BUILDING EXTRA FEATURES 409,521 421,930
LAND EXTRA FEATURES 257,973 264,639
LAND VALUE 1,802,799 1,802,799
COST APPROACH VALUE 5,116,899 5,747,131
INCOME APPROACH VALUE 8,048,277 8,666,709
SALES APPROACH VALUE 8,141,872 8,666,709
MARKET VALUE 8,141,872 8,666,709
LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/18/2025 1:46 PM Current Working Values
SITE ADDRESS
2607 SW PINE ISLAND RD
OWNER'S NAME
CUBESMART LP
OWNER'S ADDRESS
PO BOX 320099
ALEXANDRIA VA 22320
PROPERTY DESCRIPTION
W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1
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 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
LIVING UNITS LVGU -1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2007 7,830 100 7,830   233,209
FINISHED OPEN PORCH 2007 145 50 75   2,234
SEMI-FINISED BASE 2007 12,737 85 10,826   322,442
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 20,712 18,731 557,884
          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 82.00 900.00 1.00 B 2007 2.00 0.66 - 48,708
2 DOOR HC DOOR - HOLLOW CORE 0.00 0.00 38.00 150.00 1.00 B 2007 2.00 0.66 - 3,762
3 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 20712.00 2.40 1.00 B 2007 2.00 0.66 - 32,808
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 85,278
                  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 8.50 212,094.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,802,799
FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000
CARD 2 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.02 40.00 40.80 18,731 764,225 73% 557,884
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 7/18/2025 1:46 PM Current Working Values
SITE ADDRESS
2607 SW PINE ISLAND RD
OWNER'S NAME
CUBESMART LP
OWNER'S ADDRESS
PO BOX 320099
ALEXANDRIA VA 22320
PROPERTY DESCRIPTION
W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1
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 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
LIVING UNITS LVGU -1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2007 7,950 100 7,950   236,783
FINISHED OPEN PORCH 2007 145 50 75   2,234
SEMI-FINISED BASE 2007 12,616 85 10,724   319,404
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 20,711 18,749 558,420
          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 0.00 110.00 900.00 1.00 B 2007 2.00 0.66 - 65,340
2 DOOR HC DOOR - HOLLOW CORE 0.00 0.00 63.00 150.00 1.00 B 2007 2.00 0.66 - 6,237
3 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 20712.00 2.40 1.00 B 2007 2.00 0.66 - 32,808
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 104,385
                  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 8.50 212,094.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,802,799
FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000
CARD 3 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.02 40.00 40.80 18,749 764,959 73% 558,420
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 7/18/2025 1:46 PM Current Working Values
SITE ADDRESS
2607 SW PINE ISLAND RD
OWNER'S NAME
CUBESMART LP
OWNER'S ADDRESS
PO BOX 320099
ALEXANDRIA VA 22320
PROPERTY DESCRIPTION
W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1
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 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
LIVING UNITS LVGU -1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2007 7,962 100 7,962   237,140
FINISHED OPEN PORCH 2007 145 50 75   2,234
SEMI-FINISED BASE 2007 12,604 85 10,713   319,076
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 20,711 18,750 558,450
          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 0.00 100.00 900.00 1.00 B 2007 2.00 0.66 - 59,400
2 DOOR HC DOOR - HOLLOW CORE 0.00 0.00 56.00 150.00 1.00 B 2007 2.00 0.66 - 5,544
3 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 20712.00 2.40 1.00 B 2007 2.00 0.66 - 32,808
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 97,752
                  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 8.50 212,094.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,802,799
FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000
CARD 4 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.02 40.00 40.80 18,750 765,000 73% 558,450
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 7/18/2025 1:46 PM Current Working Values
SITE ADDRESS
2607 SW PINE ISLAND RD
OWNER'S NAME
CUBESMART LP
OWNER'S ADDRESS
PO BOX 320099
ALEXANDRIA VA 22320
PROPERTY DESCRIPTION
W 1/2 OF E 1/2 OF E 1/2
OF SW 1/4 OF SE 1/4
LESS R/W SR 78
AKA LOT 10 TRACT 1
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
57-301.0
PINE ISLAND RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 2.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
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
APARTMENT 2007 1,531 100 1,531   187,356
BASE 2007 1,531 100 1,531   187,356
FINISHED OPEN PORCH 2007 264 30 79   9,668
FINISHED OPEN PORCH 2007 211 30 63   7,710
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,537 3,204 392,090
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 3500.00 2.40 1.00 B 2007 2.00 0.66 - 5,544
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 5,544
                  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 8.50 212,094.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,802,799
FOLIO ID: 10070848 STRAP: 17-44-23-C3-00009.0000
CARD 5 of 5
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
0.97 152.00 147.44 3,204 472,398 83% 392,090
IMP TYPE 21 - Stores/Office/Res Combination 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
ADDITIONAL FLOORS CARD 5 of 5 FOLIO:10070848 PARCEL NO: 17-44-23-C3-00009.0000
FLOOR 1
Floor plan
FLOOR 2
Floor plan