Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    3393 Summer Ave Memphis, TN 38122

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3393 Summer Ave Memphis, TN 38122


    • Strip malls
    • 41,661 SF
    • 2.00 lot acres
    Retail Space For Lease For Lease
    $14 SF/Yr
    7,000 SF

    Retail Space For Lease

    Retail property for lease at a high-traffic intersection.

    3393 Summer Avenue, Memphis, TN 38122
    View Listing
    Property ID
    US80-1590024
    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.

    Value Estimations
    $1,075,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Riley Wrapz / (Bike/Boat/Book/etc) Store
    • Lauren and Rice / Waste Management Facility

    Property Details for 3393 Summer Ave

    Year built
    1925
    Lot size
    2.00 lot acres
    Property size
    41,661 SF
    Zone code
    CMU-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    044-040- - -00001-C
    APU
    04404000001C

    Description

    This exceptional retail property, located at the highly trafficked intersection of Summer and National Avenues in Memphis, Tennessee's Highland Heights neighborhood, offers two available spaces totaling 33,384 square feet. The spaces individually range from 1,700 to 1,889 square feet, perfect for a variety of retail, restaurant, or salon businesses. Boasting excellent visibility thanks to large storefront windows, the property benefits from a signalized corner, ensuring ample time for drivers to notice your business. With over 26,000 vehicles passing daily (according to a 2018 TDOT report), this location guarantees high foot traffic and exposure. Convenient public transportation is readily available, with a MATA bus stop directly in front of the building, and Sam Cooper Boulevard is just a mile away, providing easy access to the entire Memphis metro area. Ample parking is provided in the recently repaved parking lot behind the building, offering over 100 spaces. The property's strategic location is further enhanced by its proximity to essential services, including a fire department across the street and the Highland Heights post office nearby. Currently undergoing a significant renovation, this property presents a unique opportunity to establish your business in a prime, high-visibility location with excellent accessibility and ample parking. The property is located in Shelby County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,125,000
      ML approach
      $945,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,329,000
      Market price range: $1.33M - $5.54M
      AI Estimate
      $864,000
      Market price range: $865k - $2.17M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9471
    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
    $19,820
    $140,760
    $184,600
    $325,360
    -
    $351,900
    $461,500
    $813,400
    View Listing
    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