LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/14/2024 9:42 AM Current Working Values
SITE ADDRESS
25243 ELEMENTARY WAY
OWNER'S NAME
BINYAN 2 LLC
OWNER'S ADDRESS
6321 DANIELS PKWY STE 200
FORT MYERS FL 33912
PROPERTY DESCRIPTION
SPRING CREEK EAST U-2
PB 62 PGS 65-67
PT OF PARCEL 7 DESC IN OR 3104 PG 1749
DOR CODE 19 - PROFESSIONAL BUILDING
NBHD CODE
56-201.0
S. 41 TO BONITA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 2.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 4 WOOD TRUSS
ROOF COVER 8 CLAY OR BERMUDA TILE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 2.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2002 6,568 100 6,568   1,103,812
FINISHED UPPER STORY 2002 4,193 100 4,193   704,671
UNFINISHED UPPER STORY 2002 2,375 50 1,188   199,654
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,136 11,949 2,008,137
          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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 15715.00 4.00 1.00 L 2000 2.00 0.60 - 37,716
2 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,400.00 1.00 B 2002 2.00 0.60 - 28,080
3 PATIO B PATIO - BRICK AND TILE 0.00 0.00 522.00 12.65 1.00 B 2002 1.00 0.79 - 5,217
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 71,013
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1910 MED OFFICE CN-2 0 0 1.00 1.00 0 20.00 35,283.60 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 705,672
FOLIO ID: 10449765 STRAP: 21-47-25-B2-03207.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.21 169.38 204.95 11,949 2,448,948 82% 2,008,137
IMP TYPE 52 - Medical Office MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2020000099829 4/27/2020 01 01 I 1,300,000
2015000011612 1/15/2015 01 01 I 1,425,000
4134/1126 11/25/2003 06 08 I 2,660,000
3670/4187 6/14/2002 06 08 V 680,000
3057/3400 12/23/1998 04 04 V 500,000
2362/2395 1/29/1993 04 04 V 5,900,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 2,008,137 2,008,137
BUILDING EXTRA FEATURES 33,297 33,297
LAND EXTRA FEATURES 37,716 37,716
LAND VALUE 705,672 705,672
COST APPROACH VALUE 2,784,822 2,784,822
INCOME APPROACH VALUE 2,472,771 2,472,771
SALES APPROACH VALUE 2,472,771 2,472,771
MARKET VALUE 2,472,771 2,472,771
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10449765 PARCEL NO: 21-47-25-B2-03207.0010
FLOOR 1
Floor plan
FLOOR 2
Floor plan