Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5230 Summer Ave Memphis, TN 38122

FOR SALE
Strip malls
Property ID
US80-1619516
190,801 SF 30.75 ac lot Built 1972
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial land is positioned in Perimeter Center, adjacent to existing retail uses including At Home, Floor and Decor, and Royal Furniture. The site is located at the interchange of I-240 and I-40, with frontage along Summer Avenue. The property configuration includes a large off-street parking field totaling more than 500 spaces. The surrounding area includes a mix of national and regional retailers and quick-service restaurants. The location benefits from heavy vehicular activity, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$331k
Tax billed · 2022
Assessed value · 2023$5.43M
Assessed land$1.55M
Assessed improvement$3.88M
Effective rate6.09%

Value estimate

· Oct 2026
$15.78M
$14.20M – $17.36M
Submarket $/SF estimate$18.71M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 210 recorded sales of this use type
Observed band · Q1–Q3$32 – $133

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMU-3
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require hi...
General categoryMIXED_USE
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.2
Law Firm19.7
Dental Office19.5

Location

5230 Summer Ave Memphis, TN 38122
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5124 Summer, Memphis, TN 38122-4426 $3,750,000 May 2025 101,033 SF
5099 Old Summer, Memphis, TN 38122-4429 $1,500,000 May 2024 15,952 SF
4073 Summer, Memphis, TN 38122 $3,750,000 Jan 2024 57,797 SF
4304 Summer, Memphis, TN 38122 $18,400,000 May 2023 141,170 SF
854 Vaughn, Memphis, TN 38122-2567 $175,000 Jan 2023 8,089 SF
5040 Summer, Memphis, TN 38122-4319 $530,000 Jul 2019 8,229 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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