LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/28/2024 6:13 PM Current Working Values
SITE ADDRESS
7171 CYPRESS LAKE DR
OWNER'S NAME
COSTCO WHOLESALE CORP
OWNER'S ADDRESS
999 LAKE DR
ISSAQUAH WA 98027
PROPERTY DESCRIPTION
COMM NE COR OF SE 1/4 THEN W 132 FT THEN S 116 FT THEN W 465 FT TO POB AS DESC IN OR 3214 PG 964

DOR CODE 11 - STORES, ONE STORY
NBHD CODE
59-202.9
S. 41 CORRIDOR BIG BOX
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 17 CB STUCCO
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 132,387 100 132,387   5,951,855
BASE 2006 2,017 100 2,017   90,680
CANOPY DETACHED 1999 2,871 0 0   0
FINISHED GARAGE 1999 2,464 60 1,478   66,448
FINISHED OPEN PORCH 1999 3,936 30 1,181   53,095
FINISHED UTILITY 1999 256 50 128   5,755
UNFINISHED LOADING PLATFORM 1999 8,311 15 1,247   56,063
   
   
   
   
   
   
   
   
   
TOTALS 152,242 138,438 6,223,896
          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 6.00 1,500.00 1.00 B 1999 2.00 0.60 - 5,400
2 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 5.00 900.00 1.00 B 1999 2.00 0.60 - 2,700
3 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 1.00 130.00 51.00 1.00 L 1999 2.00 0.60 - 3,978
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 177383.00 4.00 1.00 L 1999 2.00 0.60 - 425,719
5 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 164011.00 4.00 1.00 L 1999 2.00 0.60 - 393,626
6 PVMT C PAVEMENT - CONCRETE 0.00 0.00 18380.00 5.51 1.00 L 1999 1.00 0.76 - 76,968
7 SLAB SLAB - CONCRETE 0.00 0.00 630.00 6.93 1.00 L 1999 2.00 0.60 - 2,620
8 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 138107.00 2.40 1.00 B 1999 2.00 0.60 - 198,874
9 CANOPY CANOPY/FACADE 0.00 0.00 2871.00 29.20 1.00 B 1999 2.00 0.60 - 50,300
10 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 1.00 1,500.00 1.00 B 2006 2.00 0.66 - 990
11 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 2016.00 2.40 1.00 B 2006 2.00 0.66 - 3,193
TOTAL OF EXTRA FEATURE VALUES 1,164,368
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1100 STORE 1 FL CPD 0 0 1.00 1.00 0 20.00 551,753.00 SF 1.00 - DB
2 9400 RIGHT OF WAY 36,962 0 1.00 1.00 0 500.00 1.00 UT 1.00 - JF
3 9925 BUFFER ACRGE 31,710 0 1.00 1.00 0 1,000.00 1.00 UT 1.00 - JF
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 11,036,560
FOLIO ID: 10210118 STRAP: 23-45-24-00-00002.0030
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.73 102.64 74.93 138,438 10,373,159 60% 6,223,896
IMP TYPE 87 - Warehouse Store MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
3214/964 1/19/2000 06 06 I 10,100,000
3062/1107 12/21/1998 06 06 I 1,500,000
1849/3084 6/1/1986 06 06 V 1,050,000
 
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 6,223,896 6,223,896
BUILDING EXTRA FEATURES 261,457 261,457
LAND EXTRA FEATURES 902,911 902,911
LAND VALUE 11,036,560 11,036,560
COST APPROACH VALUE 18,424,824 18,424,824
INCOME APPROACH VALUE 10,004,931 10,004,931
SALES APPROACH VALUE 10,004,931 10,004,931
MARKET VALUE 10,004,931 10,004,931