Property profile

4349 Summer Ave Memphis, TN 38122

OFF-MARKET
Self service car washes
Property ID
US80-3361480
3,750 SF 0.61 ac lot Built 2009
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 2009
Total area 3,750 SF
Lot 0.61 ac (26,615 SF)
Zoning code CMU-3
APN 054-041- - -00001
UPID US80-3361480

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
  • Car Wash
  • Car Wash

Location

4349 Summer Ave Memphis, TN 38122-4038
Memphis metro Census 8600 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
$693k
Blend (final) Blend
$270k

Owner & transaction history

since 2018
7 recorded transactions
2018
$2.9M
2018
Price N/A
2015
$29.0M
2014
Price N/A
2008
$650,000
1999
Price N/A
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
Top alternative use upside
Medical building $535,000 +47.6%

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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