LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/9/2025 3:28 PM Current Working Values
SITE ADDRESS
11561/571 MAJESTIC PALMS BLVD
OWNER'S NAME
PATAGONIAN HOLDINGS LLC
OWNER'S ADDRESS
2055 TRADE CENTER WAY
NAPLES FL 34109
PROPERTY DESCRIPTION
SAN CARLOS CENTER
AS DESC IN INST# 2008000106220
TRACT 5

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-201.0
MCGREGOR / SUMMERLIN
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 23 REINFORCED CONCRETE/ICF
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 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
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
BASE 2008 14,400 100 14,400   1,422,626
FINISHED OPEN PORCH 2008 856 30 256   25,291
FINISHED UTILITY 2008 4,600 50 2,300   227,225
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 19,856 16,956 1,675,143
          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 WALL DC WALL - DECORATIVE - C.B.S. 42.00 8.00 336.00 18.92 1.00 L 2008 2.00 0.68 - 4,323
2 SLAB SLAB - CONCRETE 0.00 0.00 558.00 6.93 1.00 L 2008 2.00 0.68 - 2,630
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 42631.00 4.00 1.00 L 2008 2.00 0.68 - 115,956
4 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 18.00 51.00 1.00 L 2008 2.00 0.68 - 624
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 19000.00 2.40 1.00 B 2008 2.00 0.68 - 31,008
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 154,541
                  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 20.00 125,627.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,512,540
FOLIO ID: 10549738 STRAP: 31-45-24-65-00000.0050
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.98 155.09 151.99 16,956 2,577,142 65% 1,675,143
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
2020000321521 12/18/2020 05 05 I 8,360,000
2014000079741 4/16/2014 05 05 I 5,123,849
2005000048372 9/23/2005 05 02 V 9,028,900
3251/1747 5/1/2000 02 02 V 2,217,400
2232/696 7/1/1991 02 02 V 2,800,000
2232/2213 7/1/1991 02 02 V 1,800,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 2,919,259 2,963,326
BUILDING EXTRA FEATURES 46,519 47,887
LAND EXTRA FEATURES 203,363 209,346
LAND VALUE 2,512,540 2,512,540
COST APPROACH VALUE 5,681,681 5,733,099
INCOME APPROACH VALUE 4,144,989 4,144,989
SALES APPROACH VALUE 4,145,304 4,144,989
MARKET VALUE 4,145,304 4,144,989
LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/9/2025 3:28 PM Current Working Values
SITE ADDRESS
11561/571 MAJESTIC PALMS BLVD
OWNER'S NAME
PATAGONIAN HOLDINGS LLC
OWNER'S ADDRESS
2055 TRADE CENTER WAY
NAPLES FL 34109
PROPERTY DESCRIPTION
SAN CARLOS CENTER
AS DESC IN INST# 2008000106220
TRACT 5

DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
59-201.0
MCGREGOR / SUMMERLIN
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 23 REINFORCED CONCRETE/ICF
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 8 DEC WALL COVER
INTERIOR WALL 5 DRYWALL
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
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
BASE 2008 5,420 100 5,420   663,039
FINISHED OPEN PORCH 2008 1,027 30 308   37,678
FINISHED UTILITY 2008 85 50 43   5,260
RESTAURANT - AVERAGE 2008 3,999 110 4,399   538,138
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 10,531 10,170 1,244,116
          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 WALL DC WALL - DECORATIVE - C.B.S. 111.00 8.00 888.00 18.92 1.00 L 2008 2.00 0.68 - 11,425
2 SLAB SLAB - CONCRETE 0.00 0.00 1014.00 6.93 1.00 L 2008 2.00 0.68 - 4,778
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 23010.00 4.00 1.00 L 2008 2.00 0.68 - 62,587
4 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 30.00 51.00 1.00 L 2008 2.00 0.68 - 1,040
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 9504.00 2.40 1.00 B 2008 2.00 0.68 - 15,511
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 95,341
                  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 20.00 125,627.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 2,512,540
FOLIO ID: 10549738 STRAP: 31-45-24-65-00000.0050
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.16 155.09 179.90 10,170 1,829,583 68% 1,244,116
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