LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/2/2026 7:36 PM Current Working Values
SITE ADDRESS
4480-4560 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
CMT VENTURES LLC
OWNER'S ADDRESS
4480 DR MARTIN LUTHER KING
BLVD
FORT MYERS FL 33905
PROPERTY DESCRIPTION
PARCEL OF LAND IN SEC 20 AND 21 TWP 44 RNG 25
AS DESC IN INSTRUMNENT 2022000391637
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-212.0
ORTIZ CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 18.0
EXTERIOR WALL 22 PRECAST PANEL
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 3 CONCRETE FINISHED
INTERIOR FLOOR 4 CONCRETE ABOVE GRA
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 5 CHILLED WATER
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
AVERAGE OFFICE 2024 29,275 185 54,159   6,006,060
AVERAGE OFFICE 2024 26,495 185 49,016   5,435,718
BASE 2024 283,447 100 283,447   31,433,365
FAIR OFFICE 2024 13,183 120 15,819   1,754,276
FINISHED OPEN PORCH 2024 2,920 50 1,460   161,909
SERVICE PRODUCTION AREA 2024 18,029 125 22,536   2,499,170
   
   
   
   
   
   
   
   
   
   
TOTALS 373,349 426,437 47,290,499
          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 ELEV P ELEVATOR - PASSENGER 0.00 0.00 2.00 23,634.00 1.00 B 2024 2.00 0.98 - 46,323
2 OHDOR L OVERHEAD DOOR - LARGE 10X10 OR LARGER 0.00 0.00 6.00 1,500.00 1.00 B 2024 2.00 0.98 - 8,820
3 SPKLR SPRINKLER SYSTEM (INTERIOR) 0.00 0.00 373348.00 2.40 1.00 B 2024 2.00 0.98 - 878,114
4 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 374963.00 4.00 1.00 L 2024 2.00 0.98 - 1,469,855
5 PVMT C PAVEMENT - CONCRETE 0.00 0.00 31068.00 5.51 1.00 L 2024 1.00 0.99 - 169,473
6 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 20.00 900.00 1.00 B 2024 2.00 0.98 - 17,640
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 2,590,225
                  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 PUD 0 0 1.00 1.00 0 8.00 2,052,112.00 SF 1.00 -
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 16,416,896
FOLIO ID: 10619320 STRAP: 21-44-25-P1-00100.016A
CARD 1 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
2.46 46.00 113.16 426,437 48,255,611 98% 47,290,499
IMP TYPE 71 - Distribution Warehouse MODEL 6 - WAREHOUSE/INDUSTRIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000391637 12/21/2022 11 11 I 9,100,000
 
 
 
 
 
 
VALUE SUMMARY Current Values 2025
BUILDING COST VALUE 48,896,394 41,241,300
BUILDING EXTRA FEATURES 971,477 950,897
LAND EXTRA FEATURES 1,731,774 1,639,328
LAND VALUE 16,416,896 16,416,896
COST APPROACH VALUE 68,016,541 60,248,421
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 60,562,821 20,790,917
MARKET VALUE 60,562,821 20,790,917
ADDITIONAL FLOORS CARD 1 of 2 FOLIO:10619320 PARCEL NO: 21-44-25-P1-00100.016A
FLOOR 1
Floor plan
FLOOR 2
Floor plan
   
LEE COUNTY PROPERTY APPRAISER GENERATED ON 3/2/2026 7:36 PM Current Working Values
SITE ADDRESS
4480-4560 DR MARTIN LUTHER KING JR BLVD
OWNER'S NAME
CMT VENTURES LLC
OWNER'S ADDRESS
4480 DR MARTIN LUTHER KING
BLVD
FORT MYERS FL 33905
PROPERTY DESCRIPTION
PARCEL OF LAND IN SEC 20 AND 21 TWP 44 RNG 25
AS DESC IN INSTRUMNENT 2022000391637
DOR CODE 48 - WAREHOUSING, DISTRIBUTION TERMINALS
NBHD CODE
55-212.0
ORTIZ CORRIDOR
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 2.0
EXTERIOR WALL 22 PRECAST PANEL
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 3 CONCRETE FINISHED
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
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 2025 16,695 100 16,695   1,307,252
FAIR OFFICE 2025 544 120 653   51,131
FINISHED CARPORT 2025 3,248 60 1,949   152,611
MEZZANINE UNFINISHED 2025 1,777 30 533   41,735
SERVICE PRODUCTION AREA 2025 543 125 679   53,167
   
   
   
   
   
   
   
   
   
   
   
TOTALS 22,807 20,509 1,605,896
          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 14.00 1,500.00 1.00 B 2025 2.00 0.98 - 20,580
2 PVMT C PAVEMENT - CONCRETE 0.00 0.00 16050.00 5.51 1.00 L 2025 1.00 0.99 - 87,551
3 WALL DC WALL - DECORATIVE - C.B.S. 6.00 44.00 264.00 18.92 1.00 L 2025 2.00 0.98 - 4,895
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 113,026
                  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 PUD 0 0 1.00 1.00 0 8.00 2,052,112.00 SF 1.00 -
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 16,416,896
FOLIO ID: 10619320 STRAP: 21-44-25-P1-00100.016A
CARD 2 of 2
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.70 47.00 79.90 20,509 1,638,669 98% 1,605,896
IMP TYPE 65 - Service (Repair) Garage 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 2025
ADDITIONAL FLOORS CARD 2 of 2 FOLIO:10619320 PARCEL NO: 21-44-25-P1-00100.016A
FLOOR 1
Floor plan
FLOOR 2
Floor plan