Financial
Distress signals
Property profile

4899 Summer Ave Memphis, TN 38122

OFF-MARKET
Strip malls
Property ID
US80-0602054
7,479 SF 1.21 ac lot Built 1969
Last sale Jun 2024 · $980,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This end-cap commercial space is located within the Summer Avenue and Mendenhall Road shopping center on the hard corner of Summer Avenue and Mendenhall Road at Sam Cooper Blvd. The site is positioned at an intersection providing exposure to traffic traveling along three major roads. The space is improved and configured for occupancy, with preferred use categories identified as office or national-brand retail. Reported traffic counts include an Average Annual Daily Traffic (AADT) of 25,772 for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$17k
Tax billed · 2022
Assessed value · 2023$280k
Assessed land$116k
Assessed improvement$164k
Effective rate6.09%

Value estimate

· Sep 2026
$980k
$882k – $1.08M
AI approach$980k
Submarket $/SF estimate$964k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133
Qualifying comparables5

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?
EMP
The EMP District is intended to accommodate office, light manufacturing, research and development, warehousing, wholesale, processing and...
General categoryINDUSTRIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm27.6
Realty agency27.2
Dental Office22.9

Location

4899 Summer Ave Memphis, TN 38122-4321
County assessor Recorded deeds · 4 transfers 5 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
5099 Old Summer, Memphis, TN 38122-4429 $1,500,000 May 2024 15,952 SF
630 Highland, Memphis, TN 38122-5104 $563,000 May 2023 6,756 SF
854 Vaughn, Memphis, TN 38122-2567 $175,000 Jan 2023 8,089 SF
750 White Sta, Memphis, TN 38122 $285,000 Aug 2021 3,706 SF
5040 Summer, Memphis, TN 38122-4319 $530,000 Jul 2019 8,229 SF
3670 Summer, Memphis, TN 38122-3740 $360,000 Dec 2018 3,218 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
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