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    4981 Summer Ave Memphis, TN 38122

    For Lease
    $9 SF/Yr

    Office space available for rent on Summer Avenue.

    Property size:
    31,173 SF
    Lot size:
    31,173 SF

    Property Features for 4981 Summer Ave

    General Information

    Size
    31,173 SF

    Building Details

    Year built
    1952

    Source: Daniel McPhail, SIOR Agent Daniel McPhail, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space on Summer Avenue

    Located on Summer Avenue, this property offers 31,173 square feet of office space. The property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8940027
    Latitude
    35.148268

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    FAQs

    What type of property is this?
    Office space - Office space available for rent on Summer Avenue.
    Where is this office space located?
    The property is located at 4981 Summer Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Contact Daniel McPhail for more information; - Located on Summer Avenue; - Year Built: 1952
    (901) 526-3100
    Request Owner's contact information
    4981 Summer Ave Memphis, TN 38122
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    Memphis, TN 38122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4981 Summer Ave Memphis, TN 38122
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