PROFESSIONAL BUILDING Cost Card for 10173685

LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 9:28 AM Current Working Values

SITE ADDRESS

2531 CLEVELAND AVE

OWNER'S NAME

VALLEY NATIONAL BANK

OWNER'S ADDRESS

101 E KENNEDY BLVD
#3700
TAMPA FL 33602

PROPERTY DESCRIPTION

PHILLIPS 4TH DIV BLK D
PB 4 PG 41 LTS 8 9 10 15
16 17 + 18 LESS ST RD 45

DOR CODE	19 - PROFESSIONAL BUILDING
NBHD CODE	55-203.0 US 41 VICTORIA TO CARRELL

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		2.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	17	CB STUCCO
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	12	REINFORCED CONCRETE
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	4.0000	ABOVE AVERAGE
UNITS IN BUILDING	UNITS	1.00

BUILDING SUBAREA DETAIL

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

BASE	1981	16,805	100	16,805	*
FINISHED CARPORT	1981	2,675	30	803	*
FINISHED UPPER STORY	1981	19,480	100	19,480	*
FINISHED UTILITY	1981	12	50	6	*
UNFINISHED OPEN PORCH	1981	309	20	62	*











TOTALS		39,281		37,156	0

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	22482.00	4.00	1.00	L	1983	2.00	0.60	-	*
2	FENCE B	FENCE - WOOD - SOLID BOARD	0.00	0.00	204.00	5.00	1.00	L	1997	10.00	0.60	-	*
3	UTY UNF	UTILITY - UNFINISHED	0.00	0.00	136.00	20.70	1.00	B	1983	2.00	0.60	-	*
4	WALL DC	WALL - DECORATIVE - C.B.S.	0.00	0.00	350.00	18.92	1.00	L	1983	2.00	0.60	-	*
5	ELEV P	ELEVATOR - PASSENGER	0.00	0.00	2.00	23,400.00	1.00	B	2001	2.00	0.60	-	*
6	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	34458.00	2.40	1.00	B	2000	2.00	0.60	-	*





TOTAL OF EXTRA FEATURE VALUES													0

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

1910

MED OFFICE

200

135

1.00

12.65

47,250.00

1.00

TOTAL OF LAND LINE VALUES

597,713

FOLIO ID: 10173685 STRAP: 24-44-24-P4-0070D.0080

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
1.21	169.38	204.95	37,156	7,615,122	66%	5,025,981

IMP TYPE

52 - Medical Office

MODEL

5 - OFFICE/MEDICAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2024000157934	5/23/2024	11	11	I	70,100
2015000042140	2/27/2015	05	05	I	14,800,000
2013000254790	11/8/2013	05	05	I	12,000,000
3259/3071	5/24/2000	02	02	I	775,000
2184/3817	11/1/1990	01	01	I	774,100
1564/2235	11/1/1981	06	06	I	60,000

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	*	*
BUILDING EXTRA FEATURES	*	*
LAND EXTRA FEATURES	*	*
LAND VALUE	*	597,713
COST APPROACH VALUE	*	*
INCOME APPROACH VALUE	7,375,664	7,375,664
SALES APPROACH VALUE	*	*
MARKET VALUE	*	7,375,664

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