LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/28/2024 1:41 AM Current Working Values
SITE ADDRESS
2221 SANTA BARBARA BLVD
OWNER'S NAME
SB II INVESTMENT LLC
OWNER'S ADDRESS
500 N BROADWAY STE 201
JERICHO NY 11753
PROPERTY DESCRIPTION
CAPE CORAL UNIT 26
BLK 930 PB 14 PG 137
LOTS 33-37 + 74-78 +
VAC ALLEY OR 3268/3833
+ INST#2005-125028
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
58-203.0
WEST CAPE CORAL
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 9 RIGID FRAME W/BAR
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 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2004 9,540 100 9,540   824,900
FINISHED OPEN PORCH 2004 1,113 30 334   28,880
FINISHED UTILITY 2004 48 50 24   2,075
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,701 9,898 855,855
          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 SLAB SLAB - CONCRETE 0.00 0.00 144.00 6.93 1.00 L 2004 2.00 0.62 - 619
2 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 216.00 18.92 1.00 L 2004 2.00 0.62 - 2,534
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 11.00 0.00 11.00 23.75 1.00 L 2004 5.00 0.60 - 157
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 1652.00 5.51 1.00 L 2004 1.00 0.81 - 7,373
5 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 24468.00 4.00 1.00 L 2004 2.00 0.62 - 60,681
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 71,364
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR C 200 132 1.00 1.00 0 15.00 52,800.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 792,000
FOLIO ID: 10082818 STRAP: 25-44-23-C4-00930.0330
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.95 144.47 137.25 9,898 1,358,501 63% 855,855
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2006000312375 8/1/2006 06 06 I 3,448,000
4214/2835 3/2/2004 06 06 V 714,700
3766/4787 10/31/2002 08 08 V 267,800
3766/3797 10/30/2002 08 08 V 334,800
3765/3735 10/30/2002 08 08 V 200,900
2323/1459 8/1/1992 06 06 V 30,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 855,855 855,855
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 71,364 71,364
LAND VALUE 792,000 792,000
COST APPROACH VALUE 1,719,219 1,719,219
INCOME APPROACH VALUE 1,900,877 1,900,877
SALES APPROACH VALUE 1,900,877 1,900,877
MARKET VALUE 1,900,877 1,900,877