LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/21/2025 3:21 AM Current Working Values
SITE ADDRESS
8291 ALOHA RD
OWNER'S NAME
REALTY INCOME PROPERTIES 29 LL
OWNER'S ADDRESS
DEPT 300 STORE #29190
500 VOLVO PKWY
CHESAPEAKE VA 23320
PROPERTY DESCRIPTION
ALICOLEE
AS DESC IN
INST #2012000122458
LOT 1
DOR CODE 11 - STORES, ONE STORY
NBHD CODE
59-205.0
E. OF 41 TO SR 82
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 5 AVERAGE
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 10 STEEL FRAME OR 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 2.0000 BELOW AVERAGE
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2012 8,000 100 8,000   565,862
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 8,000 8,000 565,862
          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. 36.00 6.00 216.00 18.92 1.00 L 2012 2.00 0.76 - 3,106
2 FENCE A FENCE - WOOD STOCKADE 8.00 20.00 160.00 4.25 1.00 L 2012 10.00 0.60 - 408
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 18055.00 4.00 1.00 L 2012 2.00 0.76 - 54,887
4 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 22.00 0.00 22.00 51.00 1.00 L 2012 2.00 0.76 - 853
5 SLAB SLAB - CONCRETE 0.00 0.00 240.00 6.93 1.00 L 2012 2.00 0.76 - 1,264
6 FENCE A FENCE - WOOD STOCKADE 4.00 24.00 96.00 4.25 1.00 L 2012 10.00 0.60 - 245
7 WALL CB WALL - CONCRETE BLOCK 118.00 8.00 944.00 14.15 1.00 L 2012 2.00 0.76 - 10,152
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 70,915
                  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-1A 0 0 1.00 1.00 0 20.00 42,596.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 851,920
FOLIO ID: 10558754 STRAP: 09-46-25-17-00000.0010
CARD 1 of 1
STRUCT
INDEX
BASE
RATE
EFF
BASE RATE
EFF
AREA
RCN REMAINING
WORTH
COST
VALUE
0.72 136.45 98.24 8,000 785,920 72% 565,862
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
2013000205187 8/15/2013 01 40 I 1,394,100
2013000080936 3/26/2013 01 40 I 1,371,553
2012000127760 6/8/2012 01 37 V 375,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 565,862 573,722
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 70,915 72,764
LAND VALUE 851,920 851,920
COST APPROACH VALUE 1,488,697 1,498,406
INCOME APPROACH VALUE 1,831,652 1,831,652
SALES APPROACH VALUE 1,831,654 1,831,652
MARKET VALUE 1,831,654 1,831,652