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    Property profile & analytics

    3177 Summer Ave Memphis, TN 38112-2407

    • Manufacturing properties
    • 4,590 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Last Sale
    Jan 27, 2023
    $190,000
    Location Intelligence
    Property ID
    US80-1960588
    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

    • Pickle Iron Inc / Iron Works / Door Supplier
    • Pisco Division / Metal Fabricator

    Property Details for 3177 Summer Ave

    Year built
    1925
    Lot size
    0.25 lot acres
    Property size
    4,590 SF
    Zone code
    CMU-1
    Property type
    Manufacturing properties
    APN
    044-036- - -00007
    APU
    4403600007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $190,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $190,000
      Mixed-Use
      $190,000
      Hospitality
      $170,000
      Educational
      $205,000
      Residential Income
      $185,000
      Energy
      $205,000
      Income-Based Land
      $160,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.955
    Latitude
    35.149
    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
    $3,165
    $15,600
    $36,360
    $51,960
    -
    $39,000
    $90,900
    $129,900

    Comparable in this City

    • Value Estimation by Request
      212,449 SF

      3176 Jackson Ave

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 212,449 SF
      3176 Jackson Ave, Memphis, TN 38112-1520
      View Details
    • Value Estimation by Request
      158,650 SF

      2970 Jackson Ave

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 158,650 SF
      2970 Jackson Ave, Memphis, TN 38112
      View Details
    • Value Estimation by Request

      111 Roberta Dr

      Manufacturing properties
      111 Roberta Dr, Memphis, TN 38112
      View Details
    • Value Estimation
      $1,365,000
      32,382 SF

      2727 Faxon Ave

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 32,382 SF
      2727 Faxon Ave, Memphis, TN 38112-2302
      View Details
    • Value Estimation
      $895,000
      158,951 SF

      2680 Pershing Ave

      FACTORY (MANUFACTURING) • 158,951 SF
      2680 Pershing Ave, Memphis, TN 38112-1954
      View Details
    • Value Estimation by Request
      518,893 SF

      3016 Jackson Ave

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 518,893 SF
      3016 Jackson Ave, Memphis, TN 38112
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,500 SF

      Turnkey Ghost Kitchen Facility

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      Commercial Land For Sale

      Commercial land available for self-storage development.
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      0.09 Acres

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      0.14 Acres

      Cleared Lot in Memphis Location

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    • $395,000
      2,500 SF

      Office, Showroom, Retail Property

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      Land Available in Memphis

      Land for sale at 2873 Tutwiler Ave, Memphis, TN.
      2873 Tutwiler Ave, Memphis, TN 38112
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    Similar Nearby for Lease

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      8,086 SF

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      Commercial property for lease in Memphis, Tennessee, featuring an open layout.
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      16,996 SF

      Memphis Warehouse Space Available

      16,996 SF warehouse space for lease in Memphis, TN.
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      30,400 SF

      Memphis Warehouse with Dock Doors

      30,400 SF warehouse featuring multiple dock doors.
      2700 Summer Ave, Memphis, TN 38112
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      16,000 SF

      Updated Warehouse Space Available

      4,000 to 16,000 square feet of updated warehouse space.
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    • Contact for pricing
      6,000 SF

      Midtown Flex/Showroom Space Available

      6,000 SF flex/showroom space with high visibility in Memphis.
      174 Collins St, Memphis, TN 38112
      View Details

    Property Visit Statistics

    • Visits by month
      4.9k
    • Visitors by month
      3.6k
    • Avg Time on site
      18 min
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    3177 Summer Ave
    Memphis, TN 38112-2407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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