Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

199 Summitt St Memphis, TN 38104

  • Office buildings
  • 6,688 SF
  • 0.19 lot acres
Value Estimation
Location Intelligence
Property ID
US80-1152997
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Chastain English Law / Law Firm

Property Details for 199 Summitt St

Year built
1910
Construction
FRAME
Lot size
0.19 lot acres
Property size
6,688 SF
Zone code
OG
Property type
Office buildings
APN
028-008- - -00005-C
APU
02800800005C

Description

This unique, 6,688-square-foot mixed-use property in Memphis' vibrant Midtown submarket presents a compelling investment opportunity. Located on Summit Street, just one block from Union Avenue and directly behind Midtown Fresh Market, this two-story, 1910 building offers a blend of traditional office, executive office, coworking, and creative office spaces. The upper level features four private offices, a conference room, a breakroom/kitchen, and two studio apartments—one fully renovated and ready for immediate occupancy, the other awaiting renovation. These apartments offer potential for long-term or short-term rentals. The lower level provides adaptable office/creative space, partially renovated and currently used as a visual marketing studio. The property sits on 0.187 acres and includes 10 parking spaces. Its prime location places it within blocks of Overton Square, the Cooper-Young district, and numerous cultural attractions, including Playhouse on the Square and Overton Park. The property is zoned CMU and benefits from significant recent investment in nearby hotels, apartments, and retail spaces along Union Avenue and Cooper Street. This is a rare chance to acquire a versatile property in a thriving, high-demand area. The building's character and location make it ideal for a variety of uses, offering strong potential for rental income and appreciation. The vacant 6,688 square feet provides flexibility for a single tenant or multiple occupants.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.9895
Latitude
35.1326
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,353
$11,400
$125,720
$137,120
-
$28,500
$314,300
$342,800
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message