LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/8/2025 9:09 PM Current Working Values
SITE ADDRESS
27251 BAY LANDING DR
OWNER'S NAME
IVT BAY LANDING BONITA SPRINGS
OWNER'S ADDRESS
3025 HIGHLAND PKWY STE 350
DOWNERS GROVE IL 60515
PROPERTY DESCRIPTION
BAY LANDING SUBD
PB 60 PG 60
TRACT 5
DOR CODE 14 - SUPERMARKETS
NBHD CODE
56-201.0
S. 41 TO BONITA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 8 DEC WALL COVER
INTERIOR WALL 5 DRYWALL
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR 3 CONCRETE FINISHED
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
AVERAGE OFFICE 1998 539 100 539   30,733
BASE 1998 51,699 100 51,699   2,947,774
FINISHED LOADING PLATFORM 1998 72 30 22   1,254
FINISHED OPEN PORCH 1998 2,117 30 635   36,206
PATIO 1998 666 5 33   1,882
UNFINISHED LOADING PLATFORM 1998 1,776 15 266   15,167
UNFINISHED OPEN PORCH 1998 120 20 24   1,368
   
   
   
   
   
   
   
   
   
TOTALS 56,989 53,218 3,034,384
          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 S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 2.00 900.00 1.00 B 1998 2.00 0.60 - 1,080
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 54059.00 2.40 1.00 B 1998 2.00 0.60 - 77,845
3 CH LK 8 FENCE - CHAIN LINK - 8 FOOT 0.00 0.00 1268.00 31.25 1.00 L 1998 5.00 0.60 - 23,775
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 7422.00 5.51 1.00 L 1998 1.00 0.74 - 30,262
5 SLAB SLAB - CONCRETE 0.00 0.00 168.00 6.93 1.00 L 1998 2.00 0.60 - 699
6 WALL DC WALL - DECORATIVE - C.B.S. 0.00 0.00 160.00 18.92 1.00 L 1998 2.00 0.60 - 1,816
7 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 119033.00 4.00 1.00 L 1998 2.00 0.60 - 285,679
8 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 34547.00 4.00 1.00 L 1998 2.00 0.60 - 82,913
 
 
 
TOTAL OF EXTRA FEATURE VALUES 504,069
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1400 SUPERMKT CPD 0 0 1.00 1.00 0 20.00 290,515.23 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 5,810,305
FOLIO ID: 10441365 STRAP: 33-47-25-B2-03305.0000
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.84 99.82 83.85 53,218 4,462,329 68% 3,034,384
IMP TYPE 36 - Stores - Discount MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2023000390683 5/4/2022 05 05 I 10,425,000
2912/4189 1/12/1998 04 04 V 2,050,000
2775/2561 12/23/1996 04 04 V 1,280,700
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 3,034,384 3,079,007
BUILDING EXTRA FEATURES 78,925 78,925
LAND EXTRA FEATURES 425,144 425,553
LAND VALUE 5,810,305 5,810,305
COST APPROACH VALUE 9,348,758 9,393,790
INCOME APPROACH VALUE 7,388,564 7,388,564
SALES APPROACH VALUE 7,388,561 7,388,564
MARKET VALUE 7,388,561 7,388,564