4029 Summer Ave Memphis, TN 38122
Property profile & analytics
4029 Summer Ave Memphis, TN 38122
- Day care centers
- 1,181 SF
- 0.29 lot acres
Property ID
US80-3529887
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.
Location Intelligence
Current Use by Public Records
- Moreno's Painters / Painting / Concrete Contractor
Property Details for 4029 Summer Ave
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.29 lot acres
- Property size
- 1,181 SF
- Zone code
- RU-3
- Property type
- Day care centers
- APN
- 055-001- - -00004
- APU
- 5500100004
Description
This 1,181 square foot storefront, located at 4029 Summer Avenue in Memphis, Tennessee, presents a unique owner-user investment opportunity. The property, built in 1940, sits on a 0.15-acre lot and is zoned RMM. Currently vacant, this Class C building offers high visibility in a high-traffic area of Summer Avenue, surrounded by a mix of commercial retail, service businesses, and restaurants. The asking price is $350,000, translating to $296.36 per square foot. The single-story building offers 1,181 square feet of net rentable space. This property is being sold "as is" and represents a rare opportunity to acquire a well-located commercial space on a busy Memphis thoroughfare. The previous tenant was a chiropractor's office. The property's location within a thriving commercial corridor makes it ideal for a variety of retail uses. Serious inquiries are encouraged to explore the potential of this unique investment. The property is located in Shelby County, Tennessee, zip code 38122.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9264
- Latitude
- 35.1487
- 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
$1,489
$16,640
$7,800
$24,440
-
$41,600
$19,500
$61,100
