LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/28/2024 6:26 AM Current Working Values
SITE ADDRESS
5150 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
RACETRAC INC
OWNER'S ADDRESS
PROPERTY TAX DEPT
200 GALLERIA PKWY SE STE 900
ATLANTA GA 30339
PROPERTY DESCRIPTION
RACETRAC AT ORTIZ
AS DESC IN INST #2012000164081
LOT 1
DOR CODE 14 - SUPERMARKETS
NBHD CODE
55-213.0
COLONIAL - SR 82 E OF I-75
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 21 STONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 8 DEC WALL COVER
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 15 TRAVERTINE/STONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 4.0000 ABOVE AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2013 6,042 100 6,042   768,361
FINISHED OPEN PORCH 2013 540 30 162   20,602
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 6,582 6,204 788,963
          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 42754.00 5.51 1.00 L 2013 1.00 0.90 - 212,017
2 CANOPY CANOPY/FACADE 40.00 320.00 12800.00 29.20 1.00 B 2013 2.00 0.80 - 299,008
3 WALL DC WALL - DECORATIVE - C.B.S. 32.00 8.00 256.00 18.92 1.00 L 2013 2.00 0.80 - 3,875
4 UTY FIN UTILITY - FINISHED 30.00 8.00 240.00 28.71 1.00 B 2013 2.00 0.80 - 5,512
5 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 0.00 0.00 26.00 51.00 1.00 L 2013 2.00 0.80 - 1,061
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 521,473
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1410 CONV STORE PUD 0 0 1.00 1.00 0 17.71 98,000.00 SF 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,735,580
FOLIO ID: 10559323 STRAP: 21-44-25-P2-00500.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.25 135.65 169.56 6,204 1,051,950 75% 788,963
IMP TYPE 43 - Convenience Store MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2011000268116 12/5/2011 01 03 V 900,000
2006000306497 7/25/2006 02 02 V 5,750,000
 
 
 
 
 
VALUE SUMMARY Current Values 2023
BUILDING COST VALUE 788,963 810,002
BUILDING EXTRA FEATURES 304,520 311,003
LAND EXTRA FEATURES 216,953 159,287
LAND VALUE 1,735,580 1,735,580
COST APPROACH VALUE 3,046,016 3,015,872
INCOME APPROACH VALUE 3,379,592 3,379,592
SALES APPROACH VALUE 3,378,583 3,379,592
MARKET VALUE 3,378,583 3,379,592