LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:13 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 16 WOOD FR 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 9 PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR 11 CERAMIC CLAY TILE
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 1974 1,872 100 1,872   *
FINISHED CARPORT 1974 192 30 58   *
FINISHED OPEN PORCH 1974 216 30 65   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,280 1,995 0
          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 276340.00 4.00 1.00 L 1966 2.00 0.60 - *
2 PVMT C PAVEMENT - CONCRETE 0.00 0.00 13400.00 5.51 1.00 L 1989 1.00 0.65 - *
 
 
 
 
 
 
 
 
 
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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 1 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.06 136.00 144.16 1,995 287,599 60% 172,560
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2015000161288 7/21/2015 01 01 I 10,350,000
2008000002053 1/2/2008 02 02 I 8,886,000
2805/3608 3/24/1997 02 02 I 4,750,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 9,699,940
COST APPROACH VALUE * *
INCOME APPROACH VALUE 14,519,314 14,519,314
SALES APPROACH VALUE * *
MARKET VALUE * 14,519,314
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
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 1966 1,600 100 1,600   *
FINISHED OPEN PORCH 1966 280 30 84   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,880 1,684 0
          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 2400.00 2.40 1.00 B 1982 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 2 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.16 154.00 178.64 1,684 300,830 60% 180,498
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
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
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 1966 10,000 100 10,000   *
FINISHED OPEN PORCH 1966 1,066 30 320   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 11,066 10,320 0
          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 8136.00 2.40 1.00 B 1966 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 3 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.94 136.00 127.84 10,320 1,319,309 60% 791,585
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
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 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1966 2,691 100 2,691   *
FINISHED OPEN PORCH 1966 280 30 84   *
SEMI-FINISED BASE 1966 149 80 119   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,120 2,894 0
          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 2885.00 2.40 1.00 B 1966 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 4 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.08 266.00 287.28 2,894 831,388 60% 498,833
IMP TYPE 56 - Restaurant MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
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 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1966 6,400 100 6,400   *
FINISHED UTILITY 1966 72 50 36   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 6,472 6,436 0
          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 6400.00 2.40 1.00 B 1966 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 5 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.91 136.00 123.76 6,436 796,519 60% 477,912
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
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 1966 9,167 100 9,167   *
FINISHED OPEN PORCH 1966 2,668 30 800   *
RESTAURANT - AVERAGE 1966 8,996 110 9,896   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 20,831 19,863 0
          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 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 1.00 900.00 1.00 B 1966 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 6 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.82 154.00 126.28 19,863 2,508,300 60% 1,504,980
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
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
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 1990 48,943 100 48,943   *
FINISHED OPEN PORCH 1990 3,868 30 1,160   *
MEZZANINE UNFINISHED 1990 1,135 20 227   *
UNFINISHED CARPORT 1990 169 20 34   *
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 54,115 50,364 0
          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 48882.00 2.40 1.00 B 1990 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 7 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.81 143.00 115.83 50,364 5,833,662 60% 3,500,197
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 2024
ADDITIONAL FLOORS CARD 7 of 10 FOLIO:10496240 PARCEL NO: 31-44-27-20-0000A.0000
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 15 CONCRETE BLOCK
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 7 VINYL TILE
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 1990 13,422 100 13,422   *
FINISHED OPEN PORCH 1990 1,278 30 383   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 14,700 13,805 0
          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 10422.00 2.40 1.00 B 1990 2.00 0.60 - *
2 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 1.00 900.00 1.00 B 1990 2.00 0.60 - *
3 CH LK 8 FENCE - CHAIN LINK - 8 FOOT 180.00 0.00 180.00 31.25 1.00 L 2007 5.00 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 1600 CMMNTY SH CTR C-2 0 0 1.00 1.00 0 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 8 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.87 136.00 118.32 13,805 1,633,408 60% 980,045
IMP TYPE 35 - Stores - Retail MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 15 CONCRETE BLOCK
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 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 2.0000 BELOW AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1990 1,890 100 1,890   *
FINISHED OPEN PORCH 1990 630 30 189   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,520 2,079 0
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  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 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 9 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.16 168.00 194.88 2,079 405,156 60% 243,093
IMP TYPE 128 - Drugstore - Pharmacy MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/4/2025 11:14 AM Current Working Values
SITE ADDRESS
1107/1177 HOMESTEAD RD N
OWNER'S NAME
WHLR-SUNSHINE SHOPPING PLAZA L
OWNER'S ADDRESS
2529 VIRGINIA BEACH BLVD #200
VIRGINIA BEACH VA 23452
PROPERTY DESCRIPTION
SUNSHINE PLAZA
PB 79 PGS 99-100
TRACT A
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 4 BUILD UP TAR AND G
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
INTERIOR FLOOR 14 CARPET
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 1966 8,753 100 8,753   *
FINISHED OPEN PORCH 1966 1,571 30 471   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,324 9,224 0
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  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 20.00 484,997.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 9,699,940
FOLIO ID: 10496240 STRAP: 31-44-27-20-0000A.0000
CARD 10 of 10
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.85 154.00 130.90 9,224 1,207,422 60% 724,453
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
VALUE SUMMARY Current Values 2024