Property profile

3464 Summer Ave Memphis, TN 38122

OFF-MARKET
Retail space
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Property ID
US80-0378200
4,685 SF 0.53 ac Built 1922
Last sale May 2024·$315,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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?
$4k
Tax billed · 2022
Assessed value · 2023$63k
Assessed land$38k
Assessed improvement$25k
Effective rate6.09%

Value estimate

· Nov 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 5 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 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?
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 agency35.3
Law Firm27.6
Pharmacy18.2

Location

3464 Summer Ave Memphis, TN 38122-3610
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
3437 Summer, Memphis, TN 38122-3609 $1,100,000 Dec 2025 3,800 SF
5049 Summer, Memphis, TN 38122-4342 $675,000 Nov 2025 4,096 SF
3985 Summer, Memphis, TN 38122-5226 $2,000,000 Aug 2025 3,379 SF
3365 Jackson, Memphis, TN 38122-1132 $100,000 Mar 2025 5,363 SF
4142 Summer, Memphis, TN 38122-5228 $318,500 Aug 2024 5,118 SF
4453 Summer, Memphis, TN 38122-4042 $250,000 Mar 2023 4,548 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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