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Property profile & analytics

4957 Summer Ave Memphis, TN 38122

  • Warehouses
  • 39,394 SF
  • 1.77 lot acres
For Lease
Last Sale
Apr 02, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-1037145
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

  • Tube Amp Repair / Musical Instrument Repair Shop
  • Michelle and Scott's Wholesale Imports / Wholesale Jeweler
  • Vigomex Foods Wholesale Inc. / Wholesaler
  • PromoSalesUSA / Advertising Agency

Property Details for 4957 Summer Ave

Year built
1997
Lot size
1.77 lot acres
Property size
39,394 SF
Zone code
EMP
Property type
Warehouses
APN
063-058- - -00027
APU
6305800027

Description

This exceptional Memphis commercial property, located at 4957 Summer Ave, offers a combined retail and industrial space totaling 5,660 square feet currently available for lease. The property is zoned commercial and situated in Shelby County, Tennessee, zip code 38122. Ideal for a variety of businesses, this multi-tenant building boasts a versatile layout suitable for both storefront retail operations and warehouse/distribution needs. The high ceiling height of 22 feet provides ample vertical space for storage or specialized equipment. Convenient loading and unloading is facilitated by one loading dock and one drive-in door. The property's strategic location in Memphis offers excellent access to major transportation routes, ensuring efficient logistics and convenient customer access. This is a rare opportunity to secure a well-positioned space in a thriving commercial area. The property's size and features make it an attractive option for businesses seeking a blend of retail visibility and efficient warehouse functionality. Serious inquiries are encouraged to explore the possibilities this property presents. Contact us today to schedule a viewing and discuss your business needs.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,853,000
    Market price range: $439k - $1.85M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $1,540,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.8954
Latitude
35.1484
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
2023
$31,433
$165,920
$350,080
$516,000
-
$414,800
$875,200
$1,290,000
More about this property
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