LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/25/2024 5:22 AM Current Working Values
SITE ADDRESS
5601 BANNER DR
OWNER'S NAME
CMG REALTY INVESTMENTS INC
OWNER'S ADDRESS
5601 BANNER DR
FORT MYERS FL 33912
PROPERTY DESCRIPTION
SIX MILE COMMERCIAL PARK
BLK B PB 36 PG 116
LOT 1

DOR CODE 11 - STORES, ONE STORY
NBHD CODE
59-203.0
METRO PKWY CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
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 3 CENTRAL
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 2001 2,029 100 2,029   161,349
BASE 2001 2,261 100 2,261   179,797
CANOPY 2001 160 30 48   3,817
FINISHED UTILITY 2001 2,730 50 1,365   108,546
UNFINISHED LOADING PLATFORM 2001 392 15 59   4,692
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,572 5,762 458,201
          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 1.00 1,500.00 1.00 B 2001 2.00 0.60 - 900
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 900
                  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 IL 0 0 1.00 1.00 0 6.00 28,314.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 169,884
FOLIO ID: 10212179 STRAP: 25-45-24-02-0000B.0010
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
0.94 136.45 128.26 5,762 739,034 62% 458,201
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT
DATE TYPE
INST
OVR
CODE
V
I
SALE
PRICE
3282/178 7/18/2000 09 01 I 485,000
3227/3481 2/9/2000 06 06 V 95,000
3198/1255 12/5/1999 04 04 V 79,700
3198/1267 12/5/1999 04 04 V 33,200
3198/1263 12/5/1999 04 04 V 31,800
3198/1259 12/5/1999 04 04 V 10,500
3198/1271 12/5/1999 04 04 V 4,200
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 458,201 458,201
BUILDING EXTRA FEATURES 900 900
LAND EXTRA FEATURES * *
LAND VALUE 169,884 169,884
COST APPROACH VALUE 628,985 628,985
INCOME APPROACH VALUE 540,787 540,787
SALES APPROACH VALUE 540,787 540,787
MARKET VALUE 540,787 540,787