LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/5/2024 4:30 AM Current Working Values
SITE ADDRESS
13401 SUMMERLIN RD
OWNER'S NAME
REAL SUB LLC
OWNER'S ADDRESS
PO BOX 32018
LAKELAND FL 33802
PROPERTY DESCRIPTION
UNIVERSITY CROSSING
PB 59 PGS 62 + 63
LOT 4 + PORT OF TR A B C
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-206.0
SUMMERLIN RD CORRIDOR
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
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
BASE 1998 9,960 100 9,960   854,747
CANOPY 1998 69 30 21   1,802
FINISHED OPEN PORCH 1998 1,189 30 357   30,637
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 11,218 10,338 887,186
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 11149.00 2.40 1.00 B 1998 2.00 0.60 - 16,055
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 95847.00 4.00 1.00 L 1998 2.00 0.60 - 230,033
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 75469.00 4.00 1.00 L 1998 2.00 0.60 - 181,126
4 CH LK 6 FENCE - CHAIN LINK - 6 FOOT 28.00 0.00 28.00 23.75 1.00 L 1998 5.00 0.60 - 399
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 427,613
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR CPD 0 0 1.00 1.00 0 20.00 238,794.00 SF 1.00 - DB
2 1400 SUPERMKT CPD 0 0 1.00 1.00 0 20.00 206,289.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 8,901,660
FOLIO ID: 10452630 STRAP: 23-45-24-55-00000.004A
CARD 1 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.99 144.47 143.03 10,338 1,478,644 60% 887,186
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2014000253749 12/12/2014 05 05 I 8,850,000
3312/2252 8/29/2000 02 02 I 5,140,000
3175/4031 10/7/1999 02 02 I 5,300,800
2684/2858 3/1/1996 04 04 V 1,680,000
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 7,401,054 7,401,054
BUILDING EXTRA FEATURES 121,023 121,023
LAND EXTRA FEATURES 672,273 672,273
LAND VALUE 8,901,660 8,901,660
COST APPROACH VALUE 17,096,010 17,096,010
INCOME APPROACH VALUE 12,880,034 12,880,034
SALES APPROACH VALUE 12,880,034 12,880,034
MARKET VALUE 12,880,034 12,880,034
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/5/2024 4:30 AM Current Working Values
SITE ADDRESS
13401 SUMMERLIN RD
OWNER'S NAME
REAL SUB LLC
OWNER'S ADDRESS
PO BOX 32018
LAKELAND FL 33802
PROPERTY DESCRIPTION
UNIVERSITY CROSSING
PB 59 PGS 62 + 63
LOT 4 + PORT OF TR A B C
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-206.0
SUMMERLIN RD CORRIDOR
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
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
BASE 1999 7,100 100 7,100   663,249
FINISHED OPEN PORCH 1999 1,605 30 482   45,026
FINISHED UTILITY 1999 177 50 89   8,314
RESTAURANT - GOOD 1999 6,605 120 7,926   740,410
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 15,487 15,597 1,457,000
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 15310.00 2.40 1.00 B 1999 2.00 0.60 - 22,046
2 WALL DC WALL - DECORATIVE - C.B.S. 53.00 6.00 318.00 18.92 1.00 L 1999 2.00 0.60 - 3,610
3 SLAB SLAB - CONCRETE 18.00 18.00 324.00 6.93 1.00 L 1999 2.00 0.60 - 1,347
4 PVMT C PAVEMENT - CONCRETE 40.00 12.00 480.00 5.51 1.00 L 1999 1.00 0.76 - 2,010
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 29,013
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR CPD 0 0 1.00 1.00 0 20.00 238,794.00 SF 1.00 - DB
2 1400 SUPERMKT CPD 0 0 1.00 1.00 0 20.00 206,289.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 8,901,660
FOLIO ID: 10452630 STRAP: 23-45-24-55-00000.004A
CARD 2 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.06 144.47 153.14 15,597 2,388,525 61% 1,457,000
IMP TYPE 38 - Shopping Center - Neighborhood MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2023
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/5/2024 4:30 AM Current Working Values
SITE ADDRESS
13401 SUMMERLIN RD
OWNER'S NAME
REAL SUB LLC
OWNER'S ADDRESS
PO BOX 32018
LAKELAND FL 33802
PROPERTY DESCRIPTION
UNIVERSITY CROSSING
PB 59 PGS 62 + 63
LOT 4 + PORT OF TR A B C
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-206.0
SUMMERLIN RD CORRIDOR
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 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 10 TERRAZZO MONOLITHI
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1997 53,750 100 53,750   4,917,174
FINISHED OPEN PORCH 1997 2,010 30 603   55,164
FINISHED UTILITY 1997 133 50 67   6,129
PATIO 1997 323 5 16   1,464
UNFINISHED ENCLOSED PORCH 1997 928 60 557   50,956
UNFINISHED LOADING PLATFORM 1997 1,896 15 284   25,981
   
   
   
   
   
   
   
   
   
   
TOTALS 59,040 55,277 5,056,867
          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 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 56835.00 2.40 1.00 B 1997 2.00 0.60 - 81,842
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 71707.00 4.00 1.00 L 1997 2.00 0.60 - 172,097
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 33694.00 4.00 1.00 L 1997 2.00 0.60 - 80,866
4 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 2.00 900.00 1.00 B 1997 2.00 0.60 - 1,080
5 CH LK 4 FENCE - CHAIN LINK - 4 FOOT 80.00 0.00 80.00 16.35 1.00 L 1997 5.00 0.60 - 785
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 336,670
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR CPD 0 0 1.00 1.00 0 20.00 238,794.00 SF 1.00 - DB
2 1400 SUPERMKT CPD 0 0 1.00 1.00 0 20.00 206,289.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 8,901,660
FOLIO ID: 10452630 STRAP: 23-45-24-55-00000.004A
CARD 3 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.92 157.84 145.21 55,277 8,026,773 63% 5,056,867
IMP TYPE 42 - Supermarket MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2023