LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/10/2025 8:31 PM Current Working Values
SITE ADDRESS
4551 S CLEVELAND AVE
OWNER'S NAME
RACETRAC INC
OWNER'S ADDRESS
PROPERTY TAX DEPT
200 GALLERIA PKWY SE STE 900
ATLANTA GA 30339
PROPERTY DESCRIPTION
GROUND LEASE AS DESC IN 2016000098147
IMPROVEMENTS ONLY
DOR CODE 11 - STORES, ONE STORY
NBHD CODE
59-202.0
S. 41 CORRIDOR
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 8 DEC WALL COVER
INTERIOR WALL 5 DRYWALL
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
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2016 5,928 100 5,928   791,260
CANOPY DETACHED 2016 9,840 0 0   *
FINISHED OPEN PORCH 2016 440 30 132   17,619
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 16,208 6,060 808,879
          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 CANOPY CANOPY/FACADE 246.00 40.00 9840.00 29.20 1.00 B 2016 2.00 0.84 - 241,356
2 PATIO B PATIO - BRICK AND TILE 0.00 0.00 504.00 12.65 1.00 B 2016 1.00 0.92 - 5,866
3 UTY FIN UTILITY - FINISHED 30.00 8.00 240.00 28.71 1.00 B 2016 2.00 0.84 - 5,788
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 41870.00 5.51 1.00 L 2016 1.00 0.92 - 212,247
5 WALL DC WALL - DECORATIVE - C.B.S. 24.00 8.00 192.00 18.92 1.00 L 2016 2.00 0.84 - 3,051
6 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 26.00 1.00 26.00 51.00 1.00 L 2016 2.00 0.84 - 1,114
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 469,422
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 9010 NO LAND INTEREST CI 0 0 1.00 1.00 0 0.00 0.00 AC 1.00 - NLE
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES
FOLIO ID: 10579823 STRAP: 01-45-24-P1-98060.0090
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.28 132.00 168.96 6,060 1,023,898 79% 808,879
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
 
 
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 808,879 852,280
BUILDING EXTRA FEATURES 253,010 258,957
LAND EXTRA FEATURES 216,412 218,818
LAND VALUE * *
COST APPROACH VALUE 1,278,301 1,330,055
INCOME APPROACH VALUE 1,963,709 1,963,709
SALES APPROACH VALUE 2,900,320 1,963,709
MARKET VALUE 2,900,320 1,963,709