LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/12/2024 6:38 AM Current Working Values
SITE ADDRESS
505/507 PONDELLA RD
OWNER'S NAME
THE NEW LOOK PROJECT LLC
OWNER'S ADDRESS
1434 SE 32ND TER
CAPE CORAL FL 33904
PROPERTY DESCRIPTION
S 150 FT OF N 190 FT OF
E 199.57 FT OF NW 1/4 LESS
RD R/W OR 2325 PG 762

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
57-201.0
N. 41 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 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 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1974 3,672 100 3,672   289,655
CANOPY 1974 612 30 184   14,514
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,284 3,856 304,169
          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 6288.00 4.00 1.00 L 1974 2.00 0.60 - 15,091
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 15,091
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR C-1 0 0 1.00 1.00 0 4.50 28,939.00 SF 1.00 - KW
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 130,226
FOLIO ID: 10160323 STRAP: 10-44-24-00-00010.0000
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.91 144.47 131.47 3,856 506,948 60% 304,169
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
2023000350212 10/27/2023 01 01 I 880,000
2012000160323 7/13/2012 01 01 I 266,800
2123/2408 1/1/1990 01 01 I 220,000
2124/2295 1/1/1990 06 06 I 220,000
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 618,470 618,470
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 30,180 30,180
LAND VALUE 130,226 130,226
COST APPROACH VALUE 778,876 778,876
INCOME APPROACH VALUE 733,279 733,279
SALES APPROACH VALUE 733,279 733,279
MARKET VALUE 733,279 733,279
LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/12/2024 6:38 AM Current Working Values
SITE ADDRESS
505/507 PONDELLA RD
OWNER'S NAME
THE NEW LOOK PROJECT LLC
OWNER'S ADDRESS
1434 SE 32ND TER
CAPE CORAL FL 33904
PROPERTY DESCRIPTION
S 150 FT OF N 190 FT OF
E 199.57 FT OF NW 1/4 LESS
RD R/W OR 2325 PG 762

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
57-201.0
N. 41 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 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 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1977 3,980 100 3,980   307,049
CANOPY 1977 312 30 94   7,252
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,292 4,074 314,301
          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 6287.00 4.00 1.00 L 1977 2.00 0.60 - 15,089
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 15,089
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR C-1 0 0 1.00 1.00 0 4.50 28,939.00 SF 1.00 - KW
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 130,226
FOLIO ID: 10160323 STRAP: 10-44-24-00-00010.0000
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.89 144.47 128.58 4,074 523,835 60% 314,301
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 2023