4899 Summer Ave Memphis, TN 38122
Property Lookup
Property profile & analytics
4899 Summer Ave Memphis, TN 38122
- Strip malls
- 7,479 SF
- 1.21 lot acres
Property ID
US80-0602054
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
- IIC / Insurance Agency
- Guided Solutions (formerly Medicare Insurance Advisors) / Insurance Agency
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
- Memphis Replacement Windows / Hardware & Home Improvement / Interior Design
- Window World of Memphis / Hardware & Home Improvement / Interior Design
Property Details for 4899 Summer Ave
- Year built
- 1969
- Lot size
- 1.21 lot acres
- Property size
- 7,479 SF
- Zone code
- EMP
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 063-058- - -00001
- APU
- 6305800001
Description
This exceptional 1,408 square foot retail space is located at 4899 Summer Ave, Memphis, TN 38122, situated on a 1.21-acre lot at the hard corner of Summer Avenue and Mendenhall Road, near Sam Cooper Blvd. Built in 1969, this single-story building offers a total of 7,500 square feet with 35 parking spaces. The space is currently available and is move-in ready, ideal for a variety of retail or office uses. Its prime location benefits from high traffic volume, with a Summer Avenue AADT of 25,772. The property enjoys excellent visibility and accessibility from three major roads. Nearby amenities include Aldi, Starbucks, Chipotle, and Planet Fitness, further enhancing its appeal and attracting a substantial customer base. This is a rare opportunity to secure a well-located, improved retail space in a thriving Memphis commercial corridor. The minimum divisible space is 1,408 square feet, and the maximum contiguous space available is also 1,408 square feet. This property presents a unique chance to establish a business in a high-traffic area with strong surrounding retail presence.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $980,000
- ML approach
- $980,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $964,000
Market price range: $239k - $995k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,070,000
- AUTO REPAIR, GARAGE
- $725,000
- APARTMENT HOUSE (5+ UNITS)
- $665,000
- OFFICE BUILDING
- $660,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8974
- Latitude
- 35.1481
- 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
$17,057
$116,160
$163,840
$280,000
-
$290,400
$409,600
$700,000
