LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/11/2026 12:47 AM Current Working Values
SITE ADDRESS
12991 CHRISTIANA WAY
OWNER'S NAME
FM SELECT HOTEL LP
OWNER'S ADDRESS
1661 AARON BRENNER DR STE 200
MEMPHIS TN 38120
PROPERTY DESCRIPTION
PARL LOC IN NW 14/ OF NW 1/4
AS DESC IN OR 3265
PG 3326
DOR CODE 10 - VACANT COMMERCIAL
NBHD CODE
59-202.0
S. 41 CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
          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 8834.00 4.00 1.00 L 1997 2.00 0.60 - *
2 WALL DC WALL - DECORATIVE - C.B.S. 253.00 9.00 2277.00 18.92 1.00 L 1997 2.00 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 1000 VAC COMM C-1 347 254 1.00 1.00 0 18.00 89,472.00 SF 1.00 - JH
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,610,496
FOLIO ID: 10457559 STRAP: 24-45-24-00-00005.002D
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2026000192492 5/15/2026 01 01 V 1,836,491
2691/2900 2/1/1996 06 06 V 1,050,000
 
 
 
 
 
VALUE SUMMARY Current Values 2025
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 1,610,496
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 1,657,547
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.