LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/14/2025 9:16 AM Current Working Values
SITE ADDRESS
1511 NE PINE ISLAND RD
OWNER'S NAME
PINE ISLAND CAPE CORAL FL LLC
OWNER'S ADDRESS
901 WABASH AVE #300
TERRE HAUTE IN 47807
PROPERTY DESCRIPTION
CAPE CORAL COMMONS
AS DESC IN INST 2020000178494
BLK A LOT 1 + CAPE CORAL COMMONS
AS DESC IN 2020000178494
BLK B LOT 1
DOR CODE 16 - COMMUNITY SHOPPING CENTER
NBHD CODE
57-301.0
PINE ISLAND RD CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 0 NONE
INTERIOR WALL 0 NONE
INTERIOR FLOOR 0 NONE
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 1 NONE
AC TYPE 1 NONE
QUALITY 3.0000 AVERAGE
UNITS IN BUILDING UNITS 5.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
CANOPY 2024 600 30 180   10,683
FINISHED OPEN PORCH 2024 761 30 228   13,532
SEMI-FINISED BASE 2024 11,987 80 9,588   569,063
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 13,348 9,996 593,279
          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. 44.00 7.00 308.00 18.92 1.00 L 2024 2.00 0.98 - 5,711
2 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 28628.00 4.00 1.00 L 2024 2.00 0.98 - 112,222
3 SLAB SLAB - CONCRETE 36.00 20.00 720.00 6.93 1.00 L 2024 2.00 0.98 - 4,890
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 122,823
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 1610 NHBD SH CTR CC 0 0 1.00 1.00 0 15.00 61,626.00 SF 1.00 - RB
2 1610 NHBD SH CTR CC 0 0 1.00 1.00 0 15.00 9,507.00 SF 1.00 - RB
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 1,066,995
FOLIO ID: 10614233 STRAP: 06-44-24-C3-0100A.0010
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.41 154.00 63.14 9,996 631,147 94% 593,279
IMP TYPE 39 - Shopping Center - Community MODEL 4 - COMMERCIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000122387 4/12/2022 03 03 V 200,000
 
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 593,279 1,840,283
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 122,823 *
LAND VALUE 1,066,995 1,066,995
COST APPROACH VALUE 1,783,097 2,907,278
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 4,736,871 1,066,995
MARKET VALUE 4,736,871 1,066,995