LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/9/2025 11:08 PM Current Working Values
SITE ADDRESS
2549/2551 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
THIRD FLORIDA SE ASSOCIATES
OWNER'S ADDRESS
80 NASHUA RD STE 24
LONDONDERRY NH 03053
PROPERTY DESCRIPTION
WM H TOWLES ADD
BLK 4 PB 2 PG 10
LOTS 11 + 12 +
PT LOTS 13 + 14 + LOTS 23-28
LESS R/W OR 2559/3760 + 3764
DOR CODE 14 - SUPERMARKETS
NBHD CODE
55-217.0
PALM BEACH - TARPON TO FOWLER
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 13 PRESTRESS CONCRETE
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 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 2004 2,899 100 2,899   274,296
CANOPY DETACHED 2004 3,072 0 0   *
FINISHED DETACHED UTILITY 2004 740 60 444   42,010
FINISHED OPEN PORCH 2004 234 30 70   6,623
STORE DISPLAY AREA - FAIR 2004 1,826 90 1,643   155,457
   
   
   
   
   
   
   
   
   
   
   
TOTALS 8,771 5,056 478,387
          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 20065.00 4.00 1.00 L 2004 2.00 0.60 - 48,156
2 WALL DC WALL - DECORATIVE - C.B.S. 6.00 38.00 228.00 18.92 1.00 L 2004 2.00 0.60 - 2,588
3 SLAB SLAB - CONCRETE 14.00 20.00 280.00 6.93 1.00 L 2004 2.00 0.60 - 1,164
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 1151.00 5.51 1.00 L 2004 1.00 0.80 - 5,074
5 CANOPY CANOPY/FACADE 0.00 0.00 3072.00 29.20 1.00 B 2004 2.00 0.60 - 53,821
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 110,803
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1410 CONV STORE U-CTR 0 0 1.00 1.00 0 10.12 60,984.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 617,158
FOLIO ID: 10162292 STRAP: 13-44-24-P3-02504.0110
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.12 132.00 147.84 5,056 747,479 64% 478,387
IMP TYPE 43 - Convenience Store MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2011000226077 10/14/2011 01 40 I 1,628,600
3766/2327 9/26/2002 02 02 V 125,000
3766/2333 9/26/2002 02 02 V 125,000
3766/2339 9/26/2002 06 02 V 50,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 478,387 499,303
BUILDING EXTRA FEATURES 53,821 55,615
LAND EXTRA FEATURES 56,982 58,776
LAND VALUE 617,158 617,158
COST APPROACH VALUE 1,206,348 1,230,852
INCOME APPROACH VALUE 731,916 731,916
SALES APPROACH VALUE 735,361 731,916
MARKET VALUE 735,361 731,916