LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/8/2025 3:41 PM Current Working Values
SITE ADDRESS
11430 METRO PKWY
OWNER'S NAME
LAKESHORE VENTURES LLC
OWNER'S ADDRESS
P O BOX 869
WARREN MI 48090
PROPERTY DESCRIPTION
METRO SPLIT
PB 41 PG 23
LOT 1

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-203.0
METRO PKWY CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 2.0
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 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1983 13,020 100 13,020   *
FAIR OFFICE 1983 1,980 120 2,376   *
FAIR OFFICE 1983 120 120 144   *
FINISHED OPEN PORCH 1983 200 50 100   *
MEZZANINE UNFINISHED 1983 1,980 30 594   *
   
   
   
   
   
   
   
   
   
   
   
TOTALS 17,300 16,234 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 1983 2.00 0.60 - *
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 1190.00 4.00 1.00 L 1983 2.00 0.60 - *
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 856.00 23.75 1.00 L 1983 5.00 0.60 - *
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 34320.00 4.00 1.00 L 1983 2.00 0.60 - *
5 SLAB SLAB - CONCRETE 44.00 40.00 1760.00 6.93 1.00 L 1999 2.00 0.60 - *
6 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 17100.00 2.40 1.00 B 2018 2.00 0.88 - *
 
 
 
 
 
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 4.00 91,040.40 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 364,162
FOLIO ID: 10255813 STRAP: 07-45-25-06-00000.0010
CARD 1 of 3
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.27 34.00 43.18 16,234 700,984 60% 420,590
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
2021000381706 11/16/2021 01 01 I 2,800,000
1887/2505 12/1/1986 06 06 I 345,500
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 364,162
COST APPROACH VALUE * *
INCOME APPROACH VALUE 2,625,231 2,625,231
SALES APPROACH VALUE * *
MARKET VALUE * 2,625,231
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 3 FOLIO:10255813 PARCEL NO: 07-45-25-06-00000.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/8/2025 3:41 PM Current Working Values
SITE ADDRESS
11430 METRO PKWY
OWNER'S NAME
LAKESHORE VENTURES LLC
OWNER'S ADDRESS
P O BOX 869
WARREN MI 48090
PROPERTY DESCRIPTION
METRO SPLIT
PB 41 PG 23
LOT 1

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-203.0
METRO PKWY CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 29 NONE
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 2 MIN. PLYWOOD, LINOLEUM
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1984 3,375 100 3,375   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,375 3,375 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 4.00 91,040.40 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 364,162
FOLIO ID: 10255813 STRAP: 07-45-25-06-00000.0010
CARD 2 of 3
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
0.90 22.00 19.80 3,375 66,825 60% 40,095
IMP TYPE 86 - Lumber/Open Storage 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
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/8/2025 3:41 PM Current Working Values
SITE ADDRESS
11430 METRO PKWY
OWNER'S NAME
LAKESHORE VENTURES LLC
OWNER'S ADDRESS
P O BOX 869
WARREN MI 48090
PROPERTY DESCRIPTION
METRO SPLIT
PB 41 PG 23
LOT 1

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-203.0
METRO PKWY CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 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 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1999 4,000 100 4,000   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,000 4,000 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 4.00 91,040.40 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 364,162
FOLIO ID: 10255813 STRAP: 07-45-25-06-00000.0010
CARD 3 of 3
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.45 34.00 49.30 4,000 197,200 60% 118,320
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