LEE COUNTY PROPERTY APPRAISER GENERATED ON 9/28/2024 6:09 PM Current Working Values
SITE ADDRESS
7191 CYPRESS LAKE DR
OWNER'S NAME
VALLEY CYPRESS LAKE LLC +
OWNER'S ADDRESS
276 POST ROAD WEST STE 201
WESTPORT CT 06880
PROPERTY DESCRIPTION
PARCEL IN SE 1/4 AS
DESC IN OR 4156 PG
4885
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-202.0
S. 41 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 7 NONE
INTERIOR FLOOR 8 SHEET VINYL
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1987 98,871 100 98,871   6,526,198
FINISHED GARAGE 1987 3,554 60 2,132   140,727
FINISHED OPEN PORCH 1987 2,627 30 789   52,080
STORE DISPLAY AREA - AVERAGE 1987 1,131 100 1,131   74,654
UNFINISHED LOADING PLATFORM 1987 1,843 15 276   18,218
   
   
   
   
   
   
   
   
   
   
   
TOTALS 108,026 103,199 6,811,877
          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 117758.00 4.00 1.00 L 1987 2.00 0.60 - 282,619
2 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 89184.00 2.40 1.00 B 1987 2.00 0.60 - 128,425
3 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 2.00 900.00 1.00 B 1987 2.00 0.60 - 1,080
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 77510.00 4.00 1.00 L 1987 2.00 0.60 - 186,024
5 SLAB SLAB - CONCRETE 0.00 0.00 288.00 6.93 1.00 L 1987 2.00 0.60 - 1,198
6 CH LK 4 FENCE - CHAIN LINK - 4 FOOT 152.00 0.00 152.00 16.35 1.00 L 1987 5.00 0.60 - 1,491
7 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 14340.00 2.40 1.00 B 1987 2.00 0.60 - 20,650
8 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 3.00 1,500.00 1.00 B 1987 2.00 0.60 - 2,700
 
 
 
TOTAL OF EXTRA FEATURE VALUES 624,187
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1600 CMMNTY SH CTR CPD 0 0 1.00 1.00 0 20.00 379,756.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 7,595,120
FOLIO ID: 10485354 STRAP: 23-45-24-00-00002.0070
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.76 155.09 117.87 103,199 12,164,066 56% 6,811,877
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
4156/4885 12/19/2003 06 06 I 8,925,000
3062/410 12/21/1998 02 02 I 8,700,000
2966/513 5/28/1998 03 03 I 8,500,000
1802/2236 9/1/1985 04 04 V 6,720,000
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 6,811,877 6,811,877
BUILDING EXTRA FEATURES 152,855 152,855
LAND EXTRA FEATURES 471,332 471,332
LAND VALUE 7,595,120 7,595,120
COST APPROACH VALUE 15,031,184 15,031,184
INCOME APPROACH VALUE 18,523,057 18,523,057
SALES APPROACH VALUE 18,523,057 18,523,057
MARKET VALUE 18,523,057 18,523,057