LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/30/2025 1:30 PM Current Working Values
SITE ADDRESS
28381 RACE TRACK RD
OWNER'S NAME
RACE TRACK REAL ESTATE LLC
OWNER'S ADDRESS
PO BOX 701
BONITA SPRINGS FL 34133
PROPERTY DESCRIPTION
THE E 132 FT OF W 232 FT
OF N 1/2 OF S 1/2 OF SE
1/4 OF NE 1/4

DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
56-204.0
BONITA BCH RD 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
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1971 4,076 100 4,076   *
FAIR OFFICE 1971 924 120 1,109   *
FINISHED CARPORT 1971 2,016 60 1,210   *
FINISHED UTILITY 1971 560 70 392   *
SERVICE PRODUCTION AREA 1971 336 125 420   *
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,912 7,207 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 PVMT C PAVEMENT - CONCRETE 0.00 0.00 2132.00 5.51 1.00 L 1980 1.00 0.60 - *
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 5.00 1,500.00 1.00 B 1971 2.00 0.60 - *
3 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 500.00 23.75 1.00 L 1992 5.00 0.60 - *
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 5600.00 4.00 1.00 L 1971 2.00 0.60 - *
5 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 0.00 0.00 250.00 23.75 1.00 L 2004 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 4.00 39,600.00 SF 1.00 - DB
2 9400 RIGHT OF WAY IL 0 0 1.00 1.00 0 500.00 0.09 AC 1.00 - JF
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 158,445
FOLIO ID: 10295134 STRAP: 02-48-25-B2-00011.0150
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
1.29 40.00 51.60 7,207 371,881 60% 223,129
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
2019000025562 1/31/2019 01 01 I 700,000
2018000206186 8/23/2018 30 30 I 150,000
3160/340 7/23/1999 01 01 I 30,000
1874/3908 10/1/1986 01 01 I 160,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 158,445
COST APPROACH VALUE * *
INCOME APPROACH VALUE 895,530 895,530
SALES APPROACH VALUE * *
MARKET VALUE * 895,530
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.