LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/18/2024 10:33 PM Current Working Values
SITE ADDRESS
1500 COLONIAL BLVD
OWNER'S NAME
COLONIAL BUSINESS CENTER LLC
OWNER'S ADDRESS
1500 COLONIAL BLVD STE 200
FORT MYERS FL 33907
PROPERTY DESCRIPTION
E 200 FT OF W 860.92 FT OF
N 386 FT LESS N 32 FT
LES R/W OR 2566/2344
DOR CODE 17 - OFFICE, ONE STORY
NBHD CODE
55-201.0
COLONIAL CORRIDOR
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 4 WOOD TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 8 DEC WALL COVER
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 4.0000 ABOVE AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1990 9,628 100 9,628   1,062,238
FINISHED CARPORT 1990 2,345 30 704   77,671
FINISHED OPEN PORCH 1990 1,769 30 531   58,584
FINISHED UPPER STORY 1990 11,222 100 11,222   1,238,101
LOBBY AVERAGE 1990 499 110 549   60,570
   
   
   
   
   
   
   
   
   
   
   
TOTALS 25,463 22,634 2,497,164
          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 9245.00 4.00 1.00 L 1989 2.00 0.60 - 22,188
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 28627.00 4.00 1.00 L 1990 2.00 0.60 - 68,705
3 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 25945.00 2.40 1.00 B 1990 2.00 0.60 - 37,361
4 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,400.00 1.00 B 1990 2.00 0.60 - 28,080
5 CARPRTU CARPORT - UNFINISHED 20.00 110.00 2200.00 10.15 1.00 B 1998 1.00 0.75 - 16,748
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 173,082
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1800 MULTI STORY OFF CG 0 0 1.00 1.00 0 20.00 57,020.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,140,400
FOLIO ID: 10186296 STRAP: 02-45-24-P1-00060.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.26 145.94 183.88 22,634 4,161,940 60% 2,497,164
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2020000074109 3/18/2020 01 01 I 1,450,000
2012000258870 11/26/2012 01 01 I 812,500
3040/65 11/12/1998 06 06 I 1,600,000
2444/19 4/1/1992 01 01 I 695,300
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 2,497,164 2,497,164
BUILDING EXTRA FEATURES 82,189 82,189
LAND EXTRA FEATURES 90,893 90,893
LAND VALUE 1,140,400 1,140,400
COST APPROACH VALUE 3,810,646 3,810,646
INCOME APPROACH VALUE 1,769,770 1,769,770
SALES APPROACH VALUE 1,769,770 1,769,770
MARKET VALUE 1,769,770 1,769,770
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10186296 PARCEL NO: 02-45-24-P1-00060.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan