Financial
Distress signals
Property profile

3440 Summer Ave Memphis, TN 38122

OFF-MARKET
Retail space
Property ID
US80-0738775
12,300 SF 1.09 ac lot Built 1942
Last sale May 2025 · $450,000
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.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$13k
Tax billed · 2022
Assessed value · 2023$214k
Assessed land$77k
Assessed improvement$137k
Effective rate6.09%

Value estimate

· Sep 2026
$280k
$252k – $308k
Sales comparison$711k

Realmo valuation models over county records and 4 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 comparables4

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 agency31.0
Law Firm23.2
Pharmacy16.9

Location

3440 Summer Ave Memphis, TN 38122-3610
County assessor Recorded deeds · 3 transfers 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3522 Summer, Memphis, TN 38122-3628 $180,000 Dec 2024 6,600 SF
4700 Summer, Memphis, TN 38122-4728 $2,666,666 Oct 2024 20,390 SF
3311 Jackson, Memphis, TN 38122-1007 $729,000 Aug 2024 6,780 SF
4280 Macon, Memphis, TN 38122-4811 $1,150,000 May 2024 10,125 SF
3502 Summer, Memphis, TN 38122-3628 $1,700,000 Apr 2024 14,392 SF
3686 Summer, Memphis, TN 38122-3743 $10,000 Jun 2023 8,244 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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