Property profile

3018 Summer Ave Memphis, TN 38112

OFF-MARKET
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Property ID
US80-1731355
3,785 SF 0.17 ac Built 1922
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 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?
$2k
Tax billed · 2022
Assessed value · 2023$30k
Assessed land$13k
Assessed improvement$17k
Effective rate6.09%

Value estimate

· Nov 2026
$255k
$230k – $281k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$38 – $185
Qualifying comparables6

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.9
Realty agency12.0
Skin Care Clinic11.3

Location

3018 Summer Ave Memphis, TN 38112-2976
County assessor Recorded deeds · 3 transfers 6 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
2405 Summer, Memphis, TN 38112-2517 $150,000 Dec 2025 3,296 SF
2948 Summer, Memphis, TN 38112-2972 $123,000 Mar 2023 4,700 SF
2564 Summer, Memphis, TN 38112-2608 $185,000 Feb 2023 4,774 SF
2850 Summer, Memphis, TN 38112-2966 $175,000 May 2021 5,000 SF
606 Vandalia, Memphis, TN 38112-3012 $525,000 Oct 2020 4,000 SF
3004 Summer, Memphis, TN 38112-2975 $300,000 Dec 2019 2,900 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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