Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3681 Summer Ave Memphis, TN 38122-3742

    • Office buildings
    • 1,195 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $110,000
    Last Sale
    Aug 21, 2023
    $100,000
    Location Intelligence
    Property ID
    US80-0117850
    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

    • SEGUROS LA LEY / Insurance Agency
    • MARK GOODMAN PRODUCTIONS / Recording Studio
    • Mocha Enterprise, Inc. / Bookkeeping Service / Tax Preparation Service

    Property Details for 3681 Summer Ave

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.27 lot acres
    Property size
    1,195 SF
    Zone code
    CMU-3
    Property type
    Office buildings
    APN
    044-090- - -00004
    APU
    4409000004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $95,000

    • CAP approach

      CAP return
      Estimation
      6%
      $135,000
      6.5%
      $135,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $135,000
      Mixed-Use
      $140,000
      Hospitality
      $120,000
      Educational
      $135,000
      Residential Income
      $130,000
      Energy
      $115,000
      Income-Based Land
      $120,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9382
    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
    $1,988
    $19,840
    $12,800
    $32,640
    -
    $49,600
    $32,000
    $81,600

    Comparable in this City

    • Value Estimation by Request
      784 SF

      3687 Summer Ave

      OFFICE BUILDING • 784 SF
      3687 Summer Ave, Memphis, TN 38122-3742
      View Details
    • Value Estimation
      $70,000
      1,188 SF

      3864 Summer Ave

      OFFICE BUILDING • 1,188 SF
      3864 Summer Ave, Memphis, TN 38122-5210
      View Details
    • Value Estimation by Request
      1,022 SF

      985 Bartlett Rd

      OFFICE BUILDING • 1,022 SF
      985 Bartlett Rd, Memphis, TN 38122-1913
      View Details
    • Value Estimation
      $800,000
      10,464 SF

      4798 Summer Ave

      OFFICE BUILDING • 10,464 SF
      4798 Summer Ave, Memphis, TN 38122-4732
      View Details
    • Value Estimation by Request
      26,361 SF

      3540 Summer Ave

      OFFICE BUILDING • 26,361 SF
      3540 Summer Ave, Memphis, TN 38122-3600
      View Details
    • Value Estimation
      $205,000
      2,240 SF

      3768 Summer Ave

      OFFICE BUILDING • 2,240 SF
      3768 Summer Ave, Memphis, TN 38122-3722
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,953 SF

      Office and Warehouse Space Available

      Modern office building with warehouse space on Summer Avenue.
      3569 Summer Ave, Memphis, TN 38122
      View Details
    • $1,900,000
      8,735 SF

      Memphis Medical Office Investment Opportunity

      Stand-alone medical building in East Memphis with long-term tenant.
      3430 Summer Ave, Memphis, TN 38122
      View Details
    • $300,000
      2,728 SF

      Memphis Office Space For Sale

      Office space available for purchase in Memphis, Tennessee.
      3498 Jackson Ave, Memphis, TN 38122
      View Details
    • $675,000

      Prime Memphis Car Wash Opportunity

      High-Income Car Wash, Excellent Location
      4954 Summer Ave, Memphis, TN 38122
      View Details
    • Contact for pricing
      2,407 SF

      Retail Space on Summer Avenue

      Retail property surrounded by prominent retailers with high traffic counts.
      3717 Summer Ave, Memphis, TN 38122
      View Details
    • $350,000
      1,181 SF

      Summer Ave Storefront Opportunity

      Prime Memphis retail space, vacant, 1181 sq ft.
      4029 Summer Ave, Memphis, TN 38122
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      31,173 SF

      Office Space on Summer Avenue

      Office space available for rent on Summer Avenue.
      4981 Summer Ave, Memphis, TN 38122
      View Details
    • Contact for pricing
      7,500 SF

      Summer Ave Retail Space Available

      Memphis retail space, move-in ready.
      4899 Summer Ave, Memphis, TN 38122
      View Details
    • Contact for pricing
      3,123 SF

      East Memphis Commercial Space Available

      Move-in ready commercial space in the heart of East Memphis.
      650 S Perkins Rd, Memphis, TN 38122
      View Details
    • Contact for pricing
      4,183 SF

      Summer Ave Commercial Property

      Memphis Office/Retail Space - Lease or Build
      5049 Summer Ave, Memphis, TN 38122
      View Details
    • $12 SF/Yr
      3,800 SF

      Memphis Office Space for Lease

      Prime Summer Corridor Office - 1,337-3,800 SF
      620 Sevier St, Memphis, TN 38122
      View Details
    • $20 SF/Yr
      900 SF

      Office Space on Summer Avenue

      Office space available for lease on Summer Avenue.
      3814 Summer Ave, Memphis, TN 38122
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3681 Summer Ave
    Memphis, TN 38122-3742
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.