LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 12:08 PM Current Working Values
SITE ADDRESS
2131 ANDREA LN
OWNER'S NAME
STETSON REAL ESTATE INVESTMENT
OWNER'S ADDRESS
2225 LAS TRAMPAS RD
ALAMO CA 94507
PROPERTY DESCRIPTION
TRACT OF LAND IN SEC 25 TWP 45 RNG 24
BEING A PART OF A PARCEL DESC IN INST 2012000134547
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-202.9
S. 41 CORRIDOR BIG BOX
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 5.0
EXTERIOR WALL 22 PRECAST PANEL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 13 PRESTRESS CONCRETE
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
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
AVERAGE OFFICE 1977 2,625 185 4,856   *
AVERAGE OFFICE 1977 2,585 185 4,782   *
BASE 1977 28,534 100 28,534   *
FAIR OFFICE 1977 1,906 120 2,287   *
FINISHED LOADING PLATFORM 1977 500 60 300   *
FINISHED UTILITY 1977 432 70 302   *
MEZZANINE UNFINISHED 1977 6,307 30 1,892   *
SERVICE PRODUCTION AREA 1977 432 125 540   *
UNFINISHED LOADING PLATFORM 1977 2,736 30 821   *
UNFINISHED OPEN PORCH 1977 133 30 40   *
UNFINISHED SCREENED PORCH 1977 170 32 54   *
UNFINISHED UTILITY 1977 143 50 72   *
   
   
   
   
TOTALS 46,503 44,480 0
          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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 54569.00 4.00 1.00 L 1999 2.00 0.60 - *
2 CH LK 5 FENCE - CHAIN LINK - 5 FOOT 715.00 0.00 715.00 20.05 1.00 L 1999 5.00 0.60 - *
3 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 6.00 1,500.00 1.00 B 1977 2.00 0.60 - *
4 PVMT C PAVEMENT - CONCRETE 0.00 0.00 4948.00 5.51 1.00 L 1977 1.00 0.60 - *
5 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 33025.00 2.40 1.00 B 2013 2.00 0.78 - *
6 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 2.00 1,500.00 1.00 B 2014 2.00 0.80 - *
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 4800 WAREHOUSE IPD 0 0 1.00 1.00 9 5.10 181,253.00 UT 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 924,390
FOLIO ID: 10605271 STRAP: 25-45-24-L1-U1378.3507
CARD 1 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.06 50.00 53.00 44,480 2,357,440 60% 1,414,464
IMP TYPE 84 - Warehouse - CB/Brick MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000264434 8/15/2022 01 31 I 4,790,000
2021000239770 7/15/2021 01 03 I 3,333,000
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 924,390
COST APPROACH VALUE * *
INCOME APPROACH VALUE 3,078,696 3,078,696
SALES APPROACH VALUE * *
MARKET VALUE * 3,078,696
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.
ADDITIONAL FLOORS CARD 1 of 3 FOLIO:10605271 PARCEL NO: 25-45-24-L1-U1378.3507
FLOOR 0
Floor plan
FLOOR 1
Floor plan
FLOOR 2
Floor plan 		 
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 12:08 PM Current Working Values
SITE ADDRESS
2131 ANDREA LN
OWNER'S NAME
STETSON REAL ESTATE INVESTMENT
OWNER'S ADDRESS
2225 LAS TRAMPAS RD
ALAMO CA 94507
PROPERTY DESCRIPTION
TRACT OF LAND IN SEC 25 TWP 45 RNG 24
BEING A PART OF A PARCEL DESC IN INST 2012000134547
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-202.9
S. 41 CORRIDOR BIG BOX
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 15 CONCRETE BLOCK
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 13 PRESTRESS CONCRETE
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 1 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
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 1977 2,080 100 2,080   *
CANOPY 1977 208 30 62   *
MEZZANINE UNFINISHED 1977 416 30 125   *
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,704 2,267 0
          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 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 3.00 1,500.00 1.00 B 1977 2.00 0.60 - *
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 4800 WAREHOUSE IPD 0 0 1.00 1.00 9 5.10 181,253.00 UT 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 924,390
FOLIO ID: 10605271 STRAP: 25-45-24-L1-U1378.3507
CARD 2 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.15 50.00 57.50 2,267 130,353 60% 78,212
IMP TYPE 84 - Warehouse - CB/Brick MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024
ADDITIONAL FLOORS CARD 2 of 3 FOLIO:10605271 PARCEL NO: 25-45-24-L1-U1378.3507
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 12:08 PM Current Working Values
SITE ADDRESS
2131 ANDREA LN
OWNER'S NAME
STETSON REAL ESTATE INVESTMENT
OWNER'S ADDRESS
2225 LAS TRAMPAS RD
ALAMO CA 94507
PROPERTY DESCRIPTION
TRACT OF LAND IN SEC 25 TWP 45 RNG 24
BEING A PART OF A PARCEL DESC IN INST 2012000134547
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
59-202.9
S. 41 CORRIDOR BIG BOX
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 15 CONCRETE BLOCK
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 7 VINYL TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 4 ROOF TOP
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1985 1,260 100 1,260   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,260 1,260 0
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 4800 WAREHOUSE IPD 0 0 1.00 1.00 9 5.10 181,253.00 UT 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 924,390
FOLIO ID: 10605271 STRAP: 25-45-24-L1-U1378.3507
CARD 3 of 3
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.07 148.00 158.36 1,260 199,534 60% 119,720
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024