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Property profile & analytics

4220 Summer Ave Memphis, TN 38122

  • Outlet malls
  • 81,150 SF
  • 6.04 lot acres
Value Estimations
$780,000
Cap Rate Potential
Location Intelligence
Property ID
US80-0521333
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

  • T.J. Maxx / Jewelry Store / Men'S Clothing Store
  • Metro Pcs / Cell Phone Store

Property Details for 4220 Summer Ave

Year built
1973
Lot size
6.04 lot acres
Property size
81,150 SF
Zone code
CMU-2
Property type
Outlet malls
APN
055-070- - -00036
APU
5507000036

Description

This exceptional retail opportunity presents 32,085 square feet of vacant space within the Summer Center Commons shopping center, located at 4220 Summer Avenue in Memphis, Tennessee, zip code 38122. The property boasts a total building size of 81,247 square feet and sits on a sizable 10-acre lot in Shelby County. This multi-tenant shopping center benefits from a strong location with excellent population density on both the north and south sides of Summer Avenue, ensuring high foot traffic and visibility. The property enjoys co-tenancy with established national brands such as TJ Maxx, Family Dollar, and McDonald's, creating a synergistic retail environment and attracting a diverse customer base. The available space offers significant potential for a variety of retail uses, providing an ideal opportunity for businesses seeking high-traffic exposure in a thriving Memphis market. The property's size and location make it an attractive investment for businesses looking to establish or expand their presence in this dynamic area. This is a rare opportunity to secure a substantial retail space in a well-established shopping center with strong existing tenants.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $780,000

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


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.9199
Latitude
35.1503
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
$57,975
$556,760
$394,960
$951,720
-
$1,391,900
$987,400
$2,379,300
More about this property
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