LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/28/2024 5:56 PM Current Working Values
SITE ADDRESS
7101 CYPRESS LAKE DR
OWNER'S NAME
MUSCA PROPERTIES LLC
OWNER'S ADDRESS
4700 ROCKSIDE RD STE 603
INDEPENDENCE OH 44131
PROPERTY DESCRIPTION
PAR IN NE 1/4 OF SE 1/4
AS DESC IN OR 4236/126


DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-202.0
S. 41 CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 15 CONCRETE BLOCK
EXTERIOR WALL 17 CB STUCCO
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 14 CARPET
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1987 9,288 100 9,288   829,734
CANOPY 1987 1,894 30 568   50,742
FINISHED UTILITY 1987 60 50 30   2,680
PATIO 1987 1,036 5 51   4,556
UNFINISHED UTILITY 1987 56 40 22   1,965
   
   
   
   
   
   
   
   
   
   
   
TOTALS 12,334 9,959 889,677
          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 16089.00 4.00 1.00 L 1987 2.00 0.60 - 38,614
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 11242.00 2.40 1.00 B 1987 2.00 0.60 - 16,188
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 5264.00 4.00 1.00 L 1987 2.00 0.60 - 12,634
4 SLAB SLAB - CONCRETE 0.00 0.00 630.00 6.93 1.00 L 1987 2.00 0.60 - 2,620
5 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 232.00 0.00 232.00 51.00 1.00 L 2005 2.00 0.64 - 7,572
6 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 243.00 0.00 243.00 51.00 1.00 L 2006 2.00 0.66 - 8,179
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 85,807
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR CPD 0 0 1.00 1.00 0 25.00 51,142.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,278,550
FOLIO ID: 10210116 STRAP: 23-45-24-00-00002.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.96 155.09 148.89 9,959 1,482,796 60% 889,677
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2005000149698 11/29/2005 06 06 I 2,716,000
4236/126 3/17/2004 06 06 I 1,500,000
3062/410 12/21/1998 02 02 I 8,700,000
2966/513 5/28/1998 03 03 I 8,500,000
1802/2236 9/1/1985 04 04 V 6,720,000
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 889,677 889,677
BUILDING EXTRA FEATURES 16,188 16,188
LAND EXTRA FEATURES 69,619 69,619
LAND VALUE 1,278,550 1,278,550
COST APPROACH VALUE 2,254,034 2,254,034
INCOME APPROACH VALUE 3,763,023 3,763,023
SALES APPROACH VALUE 3,763,023 3,763,023
MARKET VALUE 3,763,023 3,763,023