LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/16/2025 12:32 AM Current Working Values
SITE ADDRESS
4503 SE 16TH PL
OWNER'S NAME
ORCHID COMMERCIAL PROPERTY LLC
OWNER'S ADDRESS
1712 SE 44TH TER
CAPE CORAL FL 33904
PROPERTY DESCRIPTION
CAPE CORAL UNIT 7
BLK 344 PB 12 PG 115
LOTS 50 + 51

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
58-207.0
CAPE DOWNTOWN CRA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 0 NONE
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 2019 1,740 185 3,219   194,685
BASE 2019 4,060 100 4,060   245,549
FINISHED OPEN PORCH 2019 329 50 165   9,979
MEZZANINE UNFINISHED 2019 1,740 30 522   31,571
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,869 7,966 481,784
          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 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 5.00 1,500.00 1.00 B 2019 2.00 0.90 - 6,750
2 PVMT C PAVEMENT - CONCRETE 0.00 0.00 3240.00 5.51 1.00 L 2019 1.00 0.95 - 16,960
3 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 1.00 72.00 51.00 1.00 L 2024 2.00 0.98 - 3,599
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 27,309
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 4800 WAREHOUSE SC 80 165 1.00 1.00 0 12.50 13,200.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 165,000
FOLIO ID: 10189940 STRAP: 07-45-24-C3-00344.0500
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.12 60.00 67.20 7,966 535,315 90% 481,784
IMP TYPE 84 - Warehouse - CB/Brick MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
2016000072554 4/1/2016 01 01 V 45,000
4141/3241 11/26/2003 06 08 V 55,000
1526/1649 5/1/1981 07 07 V 16,900
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 481,784 492,490
BUILDING EXTRA FEATURES 6,750 6,900
LAND EXTRA FEATURES 20,559 17,138
LAND VALUE 165,000 165,000
COST APPROACH VALUE 674,093 681,528
INCOME APPROACH VALUE 818,117 818,117
SALES APPROACH VALUE 818,109 818,117
MARKET VALUE 818,109 818,117
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10189940 PARCEL NO: 07-45-24-C3-00344.0500
FLOOR 1
Floor plan
FLOOR 2
Floor plan