LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/21/2025 8:07 PM Current Working Values
SITE ADDRESS
12350 METRO PKWY
OWNER'S NAME
VSMGMT INVESTMENTS LLC
OWNER'S ADDRESS
4215 E 60TH ST #6
DAVENPORT IA 52807
PROPERTY DESCRIPTION
METRO 88 S/D
BLK A PB 39 PG 20
LOT 16

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 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 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 2001 2,894 185 5,354   176,040
BASE 2001 9,481 100 9,481   311,735
FINISHED OPEN PORCH 2001 80 50 40   1,315
FINISHED UTILITY 2001 143 70 100   3,288
MEZZANINE UNFINISHED 2001 360 30 108   3,551
PATIO 2001 195 5 10   329
   
   
   
   
   
   
   
   
   
   
TOTALS 13,153 15,093 496,258
          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 4.00 1,500.00 1.00 B 2001 2.00 0.60 - 3,600
2 SLAB SLAB - CONCRETE 10.00 12.00 120.00 6.93 1.00 L 2001 2.00 0.60 - 499
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 6655.00 4.00 1.00 L 2001 2.00 0.60 - 15,972
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 4980.00 4.00 1.00 L 2001 2.00 0.60 - 11,952
5 WALL CB WALL - CONCRETE BLOCK 36.00 6.00 216.00 14.15 1.00 L 2001 2.00 0.60 - 1,834
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 33,857
                  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 100 438 1.00 1.00 0 4.00 44,301.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 177,204
FOLIO ID: 10257533 STRAP: 18-45-25-05-0000A.0160
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.37 40.00 54.80 15,093 827,096 60% 496,258
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
2021000219298 6/25/2021 01 01 I 1,213,360
3290/2268 8/1/2000 06 06 V 175,000
3229/1474 3/8/2000 06 06 V 150,000
1962/4235 1/1/1988 01 01 V 172,100
1550/1937 10/1/1981 02 02 V 496,100
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 496,258 496,258
BUILDING EXTRA FEATURES 3,600 3,600
LAND EXTRA FEATURES 30,257 30,257
LAND VALUE 177,204 177,204
COST APPROACH VALUE 707,319 707,319
INCOME APPROACH VALUE 1,287,733 1,287,733
SALES APPROACH VALUE 1,290,636 1,287,733
MARKET VALUE 1,290,636 1,287,733
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10257533 PARCEL NO: 18-45-25-05-0000A.0160
FLOOR 1
Floor plan
FLOOR 2
Floor plan