Property profile

3686 Summer Ave Memphis, TN 38122

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US80-1178060
8,244 SF 0.44 ac Built 1945
Last sale Jun 2023·$10,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value · 2023$135k
Assessed land$32k
Assessed improvement$102k
Effective rate6.09%

Value estimate

· Nov 2026
$475k
$428k – $523k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$31 – $118
Qualifying comparables19

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMU-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.9
Law Firm15.5
Building Supply15.2

Location

3686 Summer Ave Memphis, TN 38122-3743
County assessor Recorded deeds · 6 transfers 19 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3365 Jackson, Memphis, TN 38122-1132 $100,000 Mar 2025 5,363 SF
3440 Summer, Memphis, TN 38122-3610 $450,000 Mar 2025 12,300 SF
3522 Summer, Memphis, TN 38122-3628 $180,000 Dec 2024 6,600 SF
3311 Jackson, Memphis, TN 38122-1007 $729,000 Aug 2024 6,780 SF
4142 Summer, Memphis, TN 38122-5228 $318,500 Aug 2024 5,118 SF
4280 Macon, Memphis, TN 38122-4811 $1,150,000 May 2024 10,125 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 3686 Summer Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved