LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/12/2025 4:19 AM Current Working Values
SITE ADDRESS
5612 8TH ST W
OWNER'S NAME
PROPERTIES OF S & O LLC
OWNER'S ADDRESS
6821 LAKE DEVONWOOD DR
FORT MYERS FL 33908
PROPERTY DESCRIPTION
PARCEL LYING IN S 1/2 OF SECT
W OF WEST GATE BLVD + S OF LEE
BLVD DESC IN OR 4366 PG 214
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
54-203.0
LEE BLVD 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 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
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 2007 7,320 100 7,320   602,260
FINISHED OPEN PORCH 2007 1,368 30 410   33,733
RESTAURANT - AVERAGE 2007 2,920 110 3,212   264,271
SEMI-FINISED BASE 2007 1,460 80 1,168   96,098
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,068 12,110 996,362
          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 20656.00 4.00 1.00 L 2007 2.00 0.66 - 54,532
2 WALL DC WALL - DECORATIVE - C.B.S. 39.00 6.00 234.00 18.92 1.00 L 2007 2.00 0.66 - 2,922
3 SLAB SLAB - CONCRETE 12.00 10.00 120.00 6.93 1.00 L 2007 2.00 0.66 - 549
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 58,003
                  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 C-2 0 0 1.00 1.00 0 8.00 50,577.60 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 404,621
FOLIO ID: 10492964 STRAP: 30-44-26-00-00001.0550
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.85 144.47 122.80 12,110 1,487,108 67% 996,362
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
2021000015512 1/7/2021 05 05 I 2,300,000
2010000272039 10/1/2010 12 12 I 2,334,400
2007000257599 8/14/2007 06 06 I 2,250,000
4591/2210 2/8/2005 06 06 V 483,800
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 996,362 1,011,233
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 58,003 59,760
LAND VALUE 404,621 404,621
COST APPROACH VALUE 1,458,986 1,475,614
INCOME APPROACH VALUE 2,020,443 2,020,443
SALES APPROACH VALUE 2,020,427 2,020,443
MARKET VALUE 2,020,427 2,020,443