LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/5/2025 8:16 PM Current Working Values
SITE ADDRESS
1609 KISMET PKWY E
OWNER'S NAME
HEMPHILL FAMILY LC
OWNER'S ADDRESS
123 S FRONT ST
MEMPHIS TN 38103
PROPERTY DESCRIPTION
SHOPPES AT NORTH CAPE
AS DESC IN INST #2007-73344
LOT 4

DOR CODE 11 - STORES, ONE STORY
NBHD CODE
57-302.0
NORTH CAPE CORAL
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 16 TERRAZZO EPOXY STR
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2017 6,911 100 6,911   738,476
FINISHED OPEN PORCH 2017 252 30 76   8,121
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,163 6,987 746,597
          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 PVMT C PAVEMENT - CONCRETE 0.00 0.00 7032.00 5.51 1.00 L 2017 1.00 0.93 - 36,034
2 WALL DC WALL - DECORATIVE - C.B.S. 44.00 6.00 264.00 18.92 1.00 L 2017 2.00 0.86 - 4,296
3 FENCE A FENCE - WOOD STOCKADE 6.00 16.00 96.00 4.25 1.00 L 2017 10.00 0.60 - 245
4 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 1.00 900.00 1.00 B 2017 2.00 0.86 - 774
5 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 17568.00 4.00 1.00 L 2017 2.00 0.86 - 60,434
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 101,783
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1100 STORE 1 FL C 0 0 1.00 1.00 0 15.00 68,164.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,022,460
FOLIO ID: 10542865 STRAP: 31-43-24-C2-01000.0040
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.97 136.00 131.92 6,987 921,725 81% 746,597
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
2018000108207 4/27/2018 01 01 I 1,125,000
2016000248942 11/21/2016 12 12 V 625,000
2007000208565 6/28/2007 06 06 V 1,484,000
4162/3397 12/30/2003 02 02 V 180,000
2362/4096 2/1/1993 02 02 V 56,500
2064/1849 4/1/1989 02 02 V 27,300
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 746,597 767,583
BUILDING EXTRA FEATURES 774 792
LAND EXTRA FEATURES 101,009 102,901
LAND VALUE 1,022,460 1,022,460
COST APPROACH VALUE 1,870,840 1,893,736
INCOME APPROACH VALUE 1,253,140 1,742,138
SALES APPROACH VALUE 1,253,140 1,742,138
MARKET VALUE 1,253,140 1,742,138