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    4957 Summer Ave Memphis, TN 38122

    For Lease
    $10 SF/Yr

    5,660 SF Available - Excellent Location

    Lot size:
    5,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Memphis commercial property, located at 4957 Summer Ave, offers a combined retail and industrial space totaling 5,660 square feet currently available for lease. The property is zoned commercial and situated in Shelby County, Tennessee, zip code 38122. Ideal for a variety of businesses, this multi-tenant building boasts a versatile layout suitable for both storefront retail operations and warehouse/distribution needs. The high ceiling height of 22 feet provides ample vertical space for storage or specialized equipment. Convenient loading and unloading is facilitated by one loading dock and one drive-in door. The property's strategic location in Memphis offers excellent access to major transportation routes, ensuring efficient logistics and convenient customer access. This is a rare opportunity to secure a well-positioned space in a thriving commercial area. The property's size and features make it an attractive option for businesses seeking a blend of retail visibility and efficient warehouse functionality. Serious inquiries are encouraged to explore the possibilities this property presents. Contact us today to schedule a viewing and discuss your business needs.

    Property Features for 4957 Summer Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,660 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,660 SF
    Rate per SF
    $10

    HighLights

    • 5,660 SF of space with 100% HVAC.
    • 500 SF of office/showroom space.
    • One 10' x 12' dock‑high door.
    • One 10' x 10' drive‑in door.
    • 22' clear ceiling height.
    • Sprinkler system covering over 1,500 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tube Amp Repair Musical Instrument Repair Shop Michelle and Scott's Wholesale ... Wholesale Jeweler Vigomex Foods Wholesale ... Wholesaler PromoSalesUSA Advertising Agency

    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
    -90.1214235
    Latitude
    35.0938053

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    FAQs

    What type of property is this?
    Individual retail property - 5,660 SF Available - Excellent Location
    Where is this individual retail property located?
    The property is located at 4957 Summer Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 5,660 SF of space with 100% HVAC.; 500 SF of office/showroom space.; One 10' x 12' dock-high door.
    Request Owner's contact information
    4957 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
    4957 Summer Ave Memphis, TN 38122
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