Property profile

2700 Summer Ave Memphis, TN 38112

OFF-MARKET
Other warehouses
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Property ID
US80-1725535
32,211 SF 1.22 ac Built 1969
Last sale Apr 2018·$775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 30,400-square-foot warehouse located in Memphis, Tennessee, configured for industrial and distribution use. The building includes six dock-high loading doors and two additional 2-foot doors to support loading and material handling.

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?
$2k
Tax billed · 2022
Assessed value · 2023$26k
Assessed land$23k
Assessed improvement$3k
Effective rate6.09%

Value estimate

· Nov 2026
$550k
$495k – $605k
AI approach$485k
Submarket $/SF estimate$611k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$26/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$19 – $39
Qualifying comparables11

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.4
Dental Office20.2
Parking Facility14.0

Location

2700 Summer Ave Memphis, TN 38112-2822
County assessor Recorded deeds · 8 transfers 11 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
566 Bingham, Memphis, TN 38112-2208 $900,000 Jan 2025 20,496 SF
2615 Summer, Memphis, TN 38112-2609 $500,000 Oct 2024 14,093 SF
2727 Faxon, Memphis, TN 38112-2302 $1,600,000 Aug 2022 32,382 SF
2605 Summer, Memphis, TN 38112-2609 $350,000 Jun 2022 23,399 SF
737 Scott, Memphis, TN 38112-2219 $58,000 Jun 2022 15,177 SF
742 Sc0tt, Memphis, TN 38112 $65,000 Aug 2021 10,488 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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