LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/27/2024 7:44 PM Current Working Values
SITE ADDRESS
2311 SANTA BARBARA BLVD
OWNER'S NAME
SB I INVESTMENT LLC
OWNER'S ADDRESS
STE 201
500 N BROADWAY
JERICHO NY 11753
PROPERTY DESCRIPTION
CAPE CORAL UNIT 26
BLK 930 PB 14 PG 137
LOTS 38-48 + 63-73 + N 20 FT LOTS 49 + 62 + 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 11 CERAMIC CLAY TILE
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 9,421 100 9,421   1,021,356
FINISHED OPEN PORCH 2004 1,113 30 334   36,210
FINISHED UTILITY 2004 48 50 24   2,602
UNFINISHED OPEN PORCH 2004 308 20 62   6,722
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,890 9,841 1,066,889
          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 63779.00 4.00 1.00 L 2004 2.00 0.62 - 158,172
2 CANOPY CANOPY/FACADE 0.00 0.00 16.00 29.20 1.00 B 2004 2.00 0.62 - 290
3 SLAB SLAB - CONCRETE 0.00 0.00 144.00 6.93 1.00 L 2004 2.00 0.62 - 619
4 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
5 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 10.00 23.75 1.00 L 2004 5.00 0.60 - 143
6 SLAB SLAB - CONCRETE 0.00 0.00 288.00 6.93 1.00 L 2004 2.00 0.62 - 1,237
7 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 288.00 18.92 1.00 L 2004 2.00 0.62 - 3,378
8 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 22.00 23.75 1.00 L 2004 5.00 0.60 - 314
 
 
 
TOTAL OF EXTRA FEATURE VALUES 166,687
                  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 0 0 1.00 1.00 0 15.00 121,440.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,821,600
FOLIO ID: 10082820 STRAP: 25-44-23-C4-00930.0380
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.12 144.47 161.81 9,841 1,592,372 67% 1,066,889
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
2006000312271 8/1/2006 06 06 I 7,592,000
4105/1409 10/17/2003 08 08 V 143,000
4031/1412 8/15/2003 06 08 V 285,000
4016/216 8/1/2003 08 08 V 137,500
3986/1539 7/3/2003 08 08 V 826,800
2174/234 8/1/1990 01 01 V 38,000
1750/1716 8/1/1984 07 07 V 7,400
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 2,577,618 2,555,401
BUILDING EXTRA FEATURES 15,912 15,912
LAND EXTRA FEATURES 171,326 171,326
LAND VALUE 1,821,600 1,821,600
COST APPROACH VALUE 4,586,456 4,564,239
INCOME APPROACH VALUE 4,715,385 4,715,385
SALES APPROACH VALUE 4,715,272 4,715,385
MARKET VALUE 4,715,272 4,715,385
LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/27/2024 7:44 PM Current Working Values
SITE ADDRESS
2311 SANTA BARBARA BLVD
OWNER'S NAME
SB I INVESTMENT LLC
OWNER'S ADDRESS
STE 201
500 N BROADWAY
JERICHO NY 11753
PROPERTY DESCRIPTION
CAPE CORAL UNIT 26
BLK 930 PB 14 PG 137
LOTS 38-48 + 63-73 + N 20 FT LOTS 49 + 62 + 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 11 CERAMIC CLAY TILE
INTERIOR FLOOR 14 CARPET
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 9,421 100 9,421   925,515
FINISHED OPEN PORCH 2004 1,498 30 449   44,110
FINISHED UTILITY 2004 48 50 24   2,358
PATIO 2004 176 5 9   884
RESTAURANT - GOOD 2004 4,510 120 5,412   531,673
UNFINISHED OPEN PORCH 2004 315 20 63   6,189
   
   
   
   
   
   
   
   
   
   
TOTALS 15,968 15,378 1,510,729
          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 2004 2.00 0.62 - 558
2 SLAB SLAB - CONCRETE 0.00 0.00 288.00 6.93 1.00 L 2004 2.00 0.62 - 1,237
3 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 288.00 18.92 1.00 L 2004 2.00 0.62 - 3,378
4 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 22.00 23.75 1.00 L 2004 5.00 0.60 - 314
5 CANOPY CANOPY/FACADE 0.00 0.00 82.00 29.20 1.00 B 2004 2.00 0.62 - 1,485
6 PATIO C PATIO - CONCRETE 0.00 0.00 2080.00 10.53 1.00 B 2004 2.00 0.62 - 13,579
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 20,551
                  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 0 0 1.00 1.00 0 15.00 121,440.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,821,600
FOLIO ID: 10082820 STRAP: 25-44-23-C4-00930.0380
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.00 144.47 144.47 15,378 2,221,660 68% 1,510,729
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
VALUE SUMMARY Current Values 2024