Summer Ave Memphis, TN 38134
- Land
Current Use by Public Records
- Land
Property Details for 0 Summer Ave
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in a rapidly developing area of Memphis, Tennessee. Located on Summer Avenue (Hwy 70) near the intersection of Whitten Road, this large parcel boasts 930 feet of prime roadside frontage. The property is zoned C-H and offers significant potential for various commercial developments. Its strategic location places it just 0.64 miles from the Union Depot development, a 74-acre mixed-use project encompassing 622 residential units. The area also benefits from proximity to the $25 million Robinwood Retirement Community and the Salvation Army's regional headquarters, further enhancing its appeal. Recent traffic counts reveal high daily vehicle volumes on Summer Avenue (20,028 VPD) and Whitten Road (29,693 VPD), indicating strong potential for commercial success. With new retailers establishing themselves in the area at a rapid pace and robust retail demographics, this property represents a rare opportunity for astute investors seeking a high-visibility location with substantial growth potential. The asking price is $479,900, and the property's APN is B0201 00178. This is a truly exceptional opportunity in a thriving Memphis market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8416
- Latitude
- 35.1982
