4954 Summer Ave Memphis, TN 38122-4357
Property Lookup
Property profile & analytics
4954 Summer Ave Memphis, TN 38122-4357
- Self service car washes
- 2,520 SF
- 0.57 lot acres
Property ID
US80-0576843
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
- Self service car washes
Property Details for 4954 Summer Ave
- Year built
- 1979
- Lot size
- 0.57 lot acres
- Property size
- 2,520 SF
- Zone code
- CMU-3
- Property type
- Self service car washes
- APN
- 063-059- - -00008
- APU
- 6305900008
Description
This well-maintained car wash in Memphis, TN, presents a lucrative investment opportunity. Strategically positioned between North Mendenhall and Interstate 40, this property boasts eight wash bays and a substantial 0.56-acre lot, ensuring ample space for operations and potential expansion. The convenient pay-to-enter system enhances customer experience and streamlines operations. The property's strong income generation is a key feature, with detailed financial information available to qualified buyers upon request. Serious inquiries should include a formal Letter of Intent or Offer, accompanied by verifiable proof of funds, either through a bank letter or a lender pre-approval letter. This is a turnkey operation ready for a new owner to step in and continue the success. The property's location near major roadways ensures high visibility and accessibility, attracting a large customer base. The existing infrastructure is in excellent condition, minimizing immediate capital expenditure needs. This presents a rare chance to acquire a profitable, established business with significant growth potential in a thriving market. Don't miss this chance to own a successful, established car wash business in a prime Memphis location.
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
- -89.8956
- Latitude
- 35.1494
- 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
$5,032
$54,320
$28,280
$82,600
-
$135,800
$70,700
$206,500
