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Multi-Building Urban Infill Flex Property
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Pending

3449 3455 3457 Summer Ave, Memphis, TN 38122

Vacant, multi-building flex asset on a high-traffic retail corridor with parking and adaptable space for redevelopment or repositioning.

Property Size28,029 SF
Lot Size1.06 Acres
Days on Market63

Property Features for 3449 3455 3457 Summer Ave

General Information

Standard status Pending
Size 28,029 SF
Total Parking Spaces 30
Lot size 1.06 Acres
Property subtype Retail, Multifamily, Mixed Use

Building Details

Year Built 1952
Buildings 3
Stories 2
Listing Agency: AQRE Advisors
Listed By: Kyle Simon · License #6501390806
Source: Crexi
Added: Jun 10 Changed: Aug 7 Last Checked: Aug 10 at 3:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AQRE Advisors

Investment Insights

Based on property information with market context.

This vacant urban infill property includes three buildings totaling approximately 28,029 SF on about 1.06 acres, offering a flexible layout for a range of redevelopment and adaptive reuse scenarios. The site is presented as a multi-building configuration that can support multiple operating models, including retail, showroom, warehouse, creative office, entertainment, or mixed-use concepts. With on-site parking for 30+ vehicles, the property is designed to accommodate customer and employee access across different potential uses.

The buildings are located along high-visibility Summer Avenue and benefit from reported traffic counts of approximately 23,585 vehicles per day. The site also provides immediate access to Sam Cooper Boulevard, which is listed at approximately 42,394 VPD, supporting strong everyday connectivity for retail-oriented activity.

Surrounding retailers include Kroger, Ross Dress for Less, TJ Maxx, McDonald’s, AutoZone, Starbucks, Lowe’s, and Walgreens, placing the property within a dense, established commercial trade area. For tenants, buyers, and operators seeking an adaptable, multi-building site on a prominent corridor with convenient access and parking, the property offers multiple pathways to plan and execute a repositioning strategy.}

Key Highlights

  • Vacant Memphis infill site at 3449, 3455 & 3457 Summer Ave, TN 38122 with three buildings totaling approx. 28,029 SF
  • ±1.06‑acre property with multi‑building layout suited to multiple use types including retail, showroom, warehouse, creative office, entertainment, or mixed‑use
  • High‑traffic frontage on Summer Avenue with approx. 23,585 vehicles per day and immediate access to Sam Cooper Boulevard (approx. 42,394 VPD)

Property Analytics

Current Use

Todd's Auction Services Trade Show Venue

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Skin Care Clinic Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Industrial in Memphis, TN

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
Rey
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Similar Off Market Nearby

  • Fascinating Catering 3519 Summer Ave, Memphis, TN 38122
  • Mississippi Queen Catering 280 Tillman St, Memphis, TN 38112
  • Drunken Daisies 3079 Crystal Ave, Memphis, TN 38112

Frequently Asked Questions

What type of property is this?
Flex space - Vacant, multi-building flex asset on a high-traffic retail corridor with parking and adaptable space for redevelopment or repositioning.
Where is this flex space located?
The property is located at 3449 3455 3457 Summer Ave Memphis, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Vacant Memphis infill site at 3449, 3455 & 3457 Summer Ave, TN 38122 with three buildings totaling approx. 28,029 SF; ±1.06‑acre property with multi‑building layout suited to multiple use types including retail, showroom, warehouse, creative office, entertainment, or mixed‑use; High‑traffic frontage on Summer Avenue with approx. 23,585 vehicles per day and immediate access to Sam Cooper Boulevard (approx. 42,394 VPD)
(248) 921-6730 Call to check price and availability
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