Financial
Distress signals
Property profile

3279 Summer Ave Memphis, TN 38112

OFF-MARKET
Auto shops
Property ID
US80-1290387
1,380 SF 0.26 ac lot Built 1954
Last sale Mar 2021
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$3k
Tax billed · 2022
Assessed value · 2023$51k
Assessed land$24k
Assessed improvement$27k
Effective rate6.09%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records.

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

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-1
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recyclin...
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 Firm21.1
Spa & Massage16.2

Location

3279 Summer Ave Memphis, TN 38112-2443
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
2886 Summer, Memphis, TN 38112-2914 $65,000 Aug 2023 2,756 SF
2484 Summer, Memphis, TN 38112-2628 $50,000 May 2023 2,242 SF
568 Vandalia, Memphis, TN 38112-3012 $90,000 Jul 2022 712 SF
684 Scott, Memphis, TN 38112-2217 $35,000 Jun 2022 2,104 SF
2536 Summer, Memphis, TN 38112-2608 $206,000 Dec 2021 800 SF
2871 Summer, Memphis, TN 38112-2900 $50,000 Jun 2020 720 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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