STORES, ONE STORY Cost Card for 10510839

LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/31/2025 5:18 AM Current Working Values

SITE ADDRESS

1001 PALM AVE

OWNER'S NAME

TEAK AND TIKIS LLC

OWNER'S ADDRESS

1826 BEACH PKWY
CAPE CORAL FL 33904

PROPERTY DESCRIPTION

PAR LOC IN NE 1/4 SEC
DESC IN INST 2005-9252

DOR CODE	11 - STORES, ONE STORY
NBHD CODE	57-201.0 N. 41 CORRIDOR

BUILDING CHARACTERISTICS

ELEMENT CODE TYPE / DESCRIPTION / VALUE

STORIES		2.0
BEDROOMS		0
BATHROOMS		0
EXTERIOR WALL	10	HARDI/LOG/FSP
EXTERIOR WALL	0	NONE
ROOF STRUCTURE	4	WOOD TRUSS
ROOF COVER	12	MODULAR METAL\SHINGLE
INTERIOR WALL	5	DRYWALL
INTERIOR WALL	0	NONE
INTERIOR FLOOR	3	CONCRETE FINISHED
INTERIOR FLOOR	0	NONE
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

AVERAGE OFFICE	2008	512	100	512	45,456
BASE	2008	4,219	100	4,219	374,566
FINISHED OPEN PORCH	2008	1,850	30	555	49,273













TOTALS		6,581		5,286	469,295

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	11903.00	4.00	1.00	L	2008	2.00	0.68	-	32,376
2	SPKLR	SPRINKLER SYSTEM (INTERIOR)	0.00	0.00	6511.00	2.40	1.00	B	2008	2.00	0.68	-	10,626
3	FENCE A	FENCE - WOOD STOCKADE	32.00	6.00	192.00	4.25	1.00	L	2008	10.00	0.60	-	490
4	FNC AL6	FENCE - ALUM/VINYL - 6 FEET	10.00	0.00	10.00	51.00	1.00	L	2008	2.00	0.68	-	347
5	FENCE A	FENCE - WOOD STOCKADE	36.00	6.00	216.00	4.25	1.00	L	2008	10.00	0.60	-	551






TOTAL OF EXTRA FEATURE VALUES													44,390

L A N D

LINE

CODE

DESCRIPTION

ZONING

FRONT

DEPTH

TYPE

UNIT PRICE

UNITS

TOTAL ADJ

CAP

EVAL NOTES

1100

STORE 1 FL

CPD

1.00

20.00

43,604.00

1.00

TOTAL OF LAND LINE VALUES

465,255

FOLIO ID: 10510839 STRAP: 10-44-24-00-01039.0040

CARD 1 of 1

STRUCT INDEX	BASE RATE	EFF BASE RATE	EFF AREA	RCN	REMAINING WORTH	COST VALUE
0.96	136.00	130.56	5,286	690,140	68%	469,295

IMP TYPE

35 - Stores - Retail

MODEL

4 - COMMERCIAL

FLOOR 1

BOOK/PAGE OR INSTRUMENT	DATE	TYPE INST	OVR CODE	V I	SALE PRICE
2025000062891	3/10/2025	01	01	I	1,400,000
2015000047268	3/6/2015	01	01	I	585,000
2013000268807	12/2/2013	01	01	I	500,000
2013000045534	2/25/2013	01	37	I	500,000
2010000127843	5/4/2010	01	30	I	227,000
1449/1761	8/1/1980	03	03	V	154,400

VALUE SUMMARY	Current Values	2024
BUILDING COST VALUE	469,295	477,765
BUILDING EXTRA FEATURES	10,626	10,938
LAND EXTRA FEATURES	33,764	34,726
LAND VALUE	465,255	465,255
COST APPROACH VALUE	978,940	988,684
INCOME APPROACH VALUE	737,406	737,406
SALES APPROACH VALUE	739,293	737,406
MARKET VALUE	739,293	737,406