OFFICE, MULTI-STORY Cost Card for 10162480

LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/14/2024 1:41 AM Current Working Values

SITE ADDRESS

1525 HENDRY ST

OWNER'S NAME

1525 HENDRY STREET LLC

OWNER'S ADDRESS

5220 SUMMERLIN COMMONS BLVD
#500
FORT MYERS FL 33907

PROPERTY DESCRIPTION

SIMMONS SUBD
PB 1 PG 9 AS DESC IN
OR 1378 PG 2282

DOR CODE	18 - OFFICE, MULTI-STORY
NBHD CODE	55-205.9 DOWNTOWN AREA REDEV

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		2.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	19	COMMON BRICK
EXTERIOR WALL	29	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	3	ASPHALT OR COMPOSITION
INTERIOR WALL	1	MASONARY OR MINIMUM
INTERIOR WALL	5	DRYWALL
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	9	PINE/LAMINATE/LUXURY VINYL
HEATING FUEL	4	ELECTRIC
HEATING TYPE	4	FORCED AIR-DUCTED
AC TYPE	4	ROOF TOP
QUALITY	2.0000	BELOW AVERAGE

BUILDING SUBAREA DETAIL

AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST

BASE	1929	7,575	100	7,575	762,912
FINISHED OPEN PORCH	1929	45	30	14	1,410
FINISHED UPPER STORY	1929	45	100	45	4,532
UNFINISHED UPPER STORY	1929	7,575	50	3,788	381,506












TOTALS		15,240		11,422	1,150,360

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	ELEV P	ELEVATOR - PASSENGER	0.00	0.00	2.00	23,400.00	1.00	B	2014	2.00	0.82	-	38,376
2	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	15195.00	2.40	1.00	B	2014	2.00	0.82	-	29,904
3	ELEV F	ELEVATOR - FREIGHT	0.00	0.00	2.00	10,000.00	1.00	B	1970	2.00	0.60	-	12,000








TOTAL OF EXTRA FEATURE VALUES													80,280

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

1800

MULTI STORY OFF

U-CTR

1.00

45.00

8,371.00

1.00

TOTAL OF LAND LINE VALUES

376,695

FOLIO ID: 10162480 STRAP: 13-44-24-P4-01400.0020

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.03	145.94	150.32	11,422	1,716,955	67%	1,150,360

IMP TYPE

49 - Offices - Low Rise

MODEL

5 - OFFICE/MEDICAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2013000050616	3/1/2013	01	30	I	153,000
2011000272486	12/9/2011	01	01	I	410,000
2453/2171	12/1/1993	04	04	I	500,000

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	*	*
BUILDING EXTRA FEATURES	*	*
LAND EXTRA FEATURES	*	*
LAND VALUE	*	376,695
COST APPROACH VALUE	*	*
INCOME APPROACH VALUE	1,645,325	1,645,325
SALES APPROACH VALUE	*	*
MARKET VALUE	*	1,645,325

* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.