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Development Opportunity in Bartlett, Tennessee
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Pending

Summer Ave, Memphis, TN 38134

Multi-lot development opportunity near Union Depot mixed-use development.

Property SizeContact for details
Days on Market1809

Property Features for Summer Ave

General Information

Standard status Pending
Property subtype Land
Zoning C-H
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Wilson W. McCloy · License #324376
Source: Crexi
Added: Sep 23, 2021 Changed: Aug 25 Last Checked: Aug 30 at 10:15PM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This is a large, multi-lot development opportunity located in an up-and-coming area of Bartlett, Tennessee. The property is situated near the recently begun 622 residential unit, 74-acre Union Depot mixed-use development, which is located 0.64 miles away. It is also near the $25 million Robinwood Retirement Community and contiguous with the Salvation Army’s regional headquarters. New area retailers are coming online at a brisk pace, indicating strong retail demographics. The C-H zoning allows for a car wash. The property features perfect road frontage with 930 feet of Summer Ave/Hwy 70 roadside frontage. The most recent traffic numbers show Summer Ave with 20,028 vehicles per day and Whitten Rd with 29,693 vehicles per day, with an expected increase due to new development.

Key Highlights

  • Multi‑lot development opportunity in up‑and‑coming Bartlett, Tennessee.
  • 930' of frontage on Summer Ave/Hwy 70.
  • C‑H Zoning allows for Car Wash.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Multi-lot development opportunity near Union Depot mixed-use development.
Where is this commercial land located?
The property is located at Summer Ave Memphis, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Multi‑lot development opportunity in up‑and‑coming Bartlett, Tennessee.; 930' of frontage on Summer Ave/Hwy 70.; C‑H Zoning allows for Car Wash.
More about this property
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