Property profile & analytics
5124 Summer Ave Memphis, TN 38122
- Strip malls
- 101,033 SF
- 8.00 lot acres
Value Estimations
$2,970,000
Cap Rate Potential
Location Intelligence
Property ID
US80-0165992
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
- City Thrift / Thrift Store / Discount Store
- Summer Commons / Shopping Mall
- Bargain Hunt / Discount Store
- Northern Tool + Equipment / Lawn Mower Repair Service / Trailer Supply Store
- Tacos los Carnales / Restaurant
Property Details for 5124 Summer Ave
- Year built
- 1974
- Lot size
- 8.00 lot acres
- Property size
- 101,033 SF
- Zone code
- CMU-3
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 063-071- - -00037-C
- APU
- 06307100037C
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,950,000
- ML approach
- $3,285,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,193,000
Market price range: $2.10M - $5.26M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8906
- Latitude
- 35.1532
- 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
$123,397
$735,800
$1,289,880
$2,025,680
-
$1,839,500
$3,224,700
$5,064,200
