LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/13/2025 6:32 AM Current Working Values
SITE ADDRESS
4507/4511 CUMMINS CT
OWNER'S NAME
BIG HAT DEVELOPMENT COMPANY LL
OWNER'S ADDRESS
4909 BALL RD
KNOXVILLE TN 37931
PROPERTY DESCRIPTION
BENCHMARK CORPORATE PK
PH 1 PB 42 PG 61
LOT 27 LESS .027A

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-214.0
BILLY CREEK & B F INDUSTRIAL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 3.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 7,300 100 7,300   269,983
CANOPY 1999 1,237 30 371   13,721
FAIR OFFICE 1999 1,100 120 1,320   48,819
FINISHED LOADING PLATFORM 1999 50 60 30   1,110
UNFINISHED LOADING PLATFORM 1999 550 30 165   6,102
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,237 9,186 339,735
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 9500.00 2.40 1.00 B 1999 2.00 0.60 - 13,680
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 21.00 1,500.00 1.00 B 1999 2.00 0.60 - 18,900
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 2281.00 23.75 1.00 L 1999 5.00 0.60 - 32,504
4 SLAB SLAB - CONCRETE 24.00 10.00 240.00 6.93 1.00 L 1999 2.00 0.60 - 998
5 CH LK 8 FENCE - CHAIN LINK - 8 FOOT 0.00 0.00 68.00 31.25 1.00 L 1999 5.00 0.60 - 1,275
6 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 139357.00 4.00 1.00 L 1999 2.00 0.60 - 334,457
7 PVMT C PAVEMENT - CONCRETE 0.00 0.00 8958.00 5.51 1.00 L 1999 1.00 0.75 - 37,019
8 SHED FR SHED - FRAME W/FLOOR 12.00 10.00 120.00 29.56 1.00 B 2013 2.00 0.78 - 2,767
 
 
 
TOTAL OF EXTRA FEATURE VALUES 441,600
                  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 IL 0 0 1.00 1.00 0 4.43 242,629.20 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,074,847
FOLIO ID: 10249868 STRAP: 16-44-25-P4-00300.0270
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.34 46.00 61.64 9,186 566,225 60% 339,735
IMP TYPE 71 - Distribution Warehouse MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2953/2103 4/29/1998 06 01 V 290,000
2687/425 3/6/1996 04 04 I 1,000
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 631,530 647,997
BUILDING EXTRA FEATURES 60,756 60,827
LAND EXTRA FEATURES 406,253 406,747
LAND VALUE 1,074,847 1,074,847
COST APPROACH VALUE 2,173,386 2,190,418
INCOME APPROACH VALUE 1,768,192 1,768,192
SALES APPROACH VALUE 1,595,117 1,768,192
MARKET VALUE 1,595,117 1,768,192
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/13/2025 6:32 AM Current Working Values
SITE ADDRESS
4507/4511 CUMMINS CT
OWNER'S NAME
BIG HAT DEVELOPMENT COMPANY LL
OWNER'S ADDRESS
4909 BALL RD
KNOXVILLE TN 37931
PROPERTY DESCRIPTION
BENCHMARK CORPORATE PK
PH 1 PB 42 PG 61
LOT 27 LESS .027A

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-214.0
BILLY CREEK & B F INDUSTRIAL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 3.0
EXTERIOR WALL 25 MODULAR METAL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR TRUSS
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 5,876 100 5,876   222,183
CANOPY 1999 1,012 30 304   11,495
FAIR OFFICE 1999 1,100 120 1,320   49,912
FINISHED LOADING PLATFORM 1999 50 60 30   1,134
UNFINISHED LOADING PLATFORM 1999 550 30 165   6,239
UNFINISHED UTILITY 1999 44 50 22   832
   
   
   
   
   
   
   
   
   
   
TOTALS 8,632 7,717 291,795
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 7020.00 2.40 1.00 B 1999 2.00 0.60 - 10,109
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 17.00 1,500.00 1.00 B 1999 2.00 0.60 - 15,300
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 25,409
                  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 IL 0 0 1.00 1.00 0 4.43 242,629.20 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,074,847
FOLIO ID: 10249868 STRAP: 16-44-25-P4-00300.0270
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.37 46.00 63.02 7,717 486,325 60% 291,795
IMP TYPE 71 - Distribution Warehouse MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024