LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/30/2024 3:27 AM Current Working Values
SITE ADDRESS
1225 NE 8TH ST
OWNER'S NAME
CIRCLE M K LLC
OWNER'S ADDRESS
1225 NE 8TH ST
CAPE CORAL FL 33909
PROPERTY DESCRIPTION
CAPE CORAL UNIT 31
BLK.2018 PB 14 PG 155
LOTS 25 THRU 27

DOR CODE 19 - PROFESSIONAL BUILDING
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 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
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 2008 4,657 100 4,657   707,567
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,657 4,657 707,567
          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 5190.00 4.00 1.00 L 2008 2.00 0.70 - 14,532
2 SLAB SLAB - CONCRETE 0.00 0.00 638.00 6.93 1.00 L 2008 2.00 0.70 - 3,095
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 17,627
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1910 MED OFFICE CORR 120 125 1.00 1.00 0 2.50 15,000.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 37,500
FOLIO ID: 10154762 STRAP: 07-44-24-C2-02018.0250
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.15 169.38 194.79 4,657 907,137 78% 707,567
IMP TYPE 52 - Medical Office MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000229227 6/10/2022 01 01 I 735,000
2013000108209 5/8/2013 12 12 I 225,000
2010000021341 1/21/2010 11 12 I 357,000
4122/950 10/30/2003 06 06 V 45,000
4054/3054 9/3/2003 06 06 V 29,900
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 707,567 707,567
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 17,627 17,627
LAND VALUE 37,500 37,500
COST APPROACH VALUE 762,694 762,694
INCOME APPROACH VALUE 1,218,681 1,218,681
SALES APPROACH VALUE 1,218,681 1,218,681
MARKET VALUE 1,218,681 1,218,681