Property profile

5520 Summer Ave Memphis, TN 38134

OFF-MARKET
Strip malls
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Property ID
US80-0874989
6,060 SF 0.45 ac Built 2006
Last sale Jul 2025·$650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?
$12k
Tax billed · 2022
Assessed value · 2023$199k
Assessed land$24k
Assessed improvement$176k
Effective rate6.09%

Value estimate

· Nov 2026
$590k
$531k – $649k
AI approach$535k
Submarket $/SF estimate$454k

Realmo valuation models over county records and 14 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 comparables14

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Spa & Massage10.3
Nail Salon9.9

Location

5520 Summer Ave Memphis, TN 38134-7213
County assessor Recorded deeds · 9 transfers 14 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
3025 Kirby Whitten, Bartlett, TN 38134-2868 $925,000 Nov 2025 6,520 SF
6349 Summer, Bartlett, TN 38134-5980 $650,000 Mar 2025 5,500 SF
6149 Macon, Memphis, TN 38134-7501 $450,000 Dec 2024 8,025 SF
5115 Yale, Memphis, TN 38134-8218 $610,000 Jun 2024 7,749 SF
5508 Summer, Memphis, TN 38134-7217 $200,000 Dec 2023 5,430 SF
5877 Summer, Memphis, TN 38134-6719 $350,000 Feb 2021 7,114 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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