Technical
Financial
Distress signals
Property profile

3519 Summer Ave Memphis, TN 38122

OFF-MARKET
Retail space
Property ID
US80-3492569
1,480 SF 0.17 ac lot Built 1920
Entity Owned
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction FRAME
Total area 1,480 SF
Lot 0.17 ac (7,492 SF)
Zoning code CMU-3
APN 044-088- - -00004
UPID US80-3492569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

3519 Summer Ave Memphis, TN 38122-3639
Memphis metro Census 2900 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2025
Last sale
$800,000
4 recorded transactions
2025
$800,000
2006
$525,000
1999
$89,500
1969
Price N/A

Zoning & alternative use

CMU-3 · Memphis, TN
Zoning description

3. Commercial Mixed Use - 3 (CMU-3) The CMU -3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations w…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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