LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/13/2025 4:46 AM Current Working Values
SITE ADDRESS
544 MEADOW RD
OWNER'S NAME
542 MEADOW LLC
OWNER'S ADDRESS
7811 CHUBB RD
NORTHVILLE MI 48168
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 3
BLK 36 PB 15 PG 83
LOTS 21 THRU 26
DOR CODE 11 - STORES, ONE STORY
NBHD CODE
54-203.0
LEE BLVD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 5 AVERAGE
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 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
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 2020 7,433 100 7,433   416,046
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 7,433 7,433 416,046
          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. 46.00 6.00 276.00 18.92 1.00 L 2020 2.00 0.92 - 4,804
2 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 18.00 1.00 18.00 51.00 1.00 L 2020 2.00 0.92 - 845
3 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 20030.00 4.00 1.00 L 2020 2.00 0.92 - 73,710
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 500.00 5.51 1.00 L 2020 1.00 0.96 - 2,645
5 FENCE A FENCE - WOOD STOCKADE 6.00 140.00 840.00 4.25 1.00 L 2020 10.00 0.60 - 2,142
6 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 50.00 1.00 50.00 51.00 1.00 L 2020 2.00 0.92 - 2,346
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 86,492
                  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-2 0 0 1.00 1.00 0 15.00 51,314.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 769,710
FOLIO ID: 10592561 STRAP: 05-45-26-L1-03036.0210
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.78 78.00 60.84 7,433 452,224 92% 416,046
IMP TYPE 88 - Retail - Low Quality MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2020000182145 7/31/2020 01 01 I 2,360,033
2019000160140 7/2/2019 05 05 V 395,000
2019000160139 7/2/2019 03 03 V 100,000
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 416,046 459,515
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 86,492 88,653
LAND VALUE 769,710 769,710
COST APPROACH VALUE 1,272,248 1,317,878
INCOME APPROACH VALUE 1,313,215 2,286,286
SALES APPROACH VALUE 1,313,215 2,286,286
MARKET VALUE 1,313,215 2,286,286