LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 9:24 AM Current Working Values
SITE ADDRESS
4851 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
MONTALVO OSWALDO GARCIA +
OWNER'S ADDRESS
1421 SW 4TH AVE
CAPE CORAL FL 33991
PROPERTY DESCRIPTION
PINE CREST PB 5 PG 3
LOT 20 N OF SR 82


DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-212.0
ORTIZ CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 1.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
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 1974 576 100 576   *
UNFINISHED CARPORT 1974 312 40 125   *
UNFINISHED CARPORT 2013 432 40 173   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,320 874 0
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  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 6.00 49,833.00 SF 1.00 - NE
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 190,223
FOLIO ID: 10254117 STRAP: 21-44-25-01-00020.0000
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.07 60.00 64.20 874 56,111 60% 33,666
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
2024000042415 2/15/2024 01 01 I 400,000
 
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 190,223
COST APPROACH VALUE * *
INCOME APPROACH VALUE 274,748 274,748
SALES APPROACH VALUE * *
MARKET VALUE * 274,748
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/14/2025 9:24 AM Current Working Values
SITE ADDRESS
4851 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
MONTALVO OSWALDO GARCIA +
OWNER'S ADDRESS
1421 SW 4TH AVE
CAPE CORAL FL 33991
PROPERTY DESCRIPTION
PINE CREST PB 5 PG 3
LOT 20 N OF SR 82


DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-212.0
ORTIZ CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 15 CONCRETE BLOCK
EXTERIOR WALL 25 MODULAR METAL
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 1 MIN. ROOFING-CORR.
INTERIOR WALL 7 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 2.0000 BELOW AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1960 3,084 100 3,084   *
UNFINISHED UTILITY 1960 819 50 410   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,903 3,494 0
          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 3.00 1,500.00 1.00 B 1960 2.00 0.60 - *
2 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 1275.00 23.75 1.00 L 1974 5.00 0.60 - *
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  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 6.00 49,833.00 SF 1.00 - NE
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 190,223
FOLIO ID: 10254117 STRAP: 21-44-25-01-00020.0000
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.94 40.00 37.60 3,494 131,374 60% 78,825
IMP TYPE 82 - Warehouse - Metal/Frame 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