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Property profile

5702 Summer Ave Memphis, TN 38134

OFF-MARKET
Office buildings
Property ID
US80-1007737
6,900 SF 1.18 ac lot Built 1987
Last sale Apr 2026 · $835,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property in Memphis is a flex facility combining approximately 7,000 SF of office and warehouse space with 14 to 16 feet of clear height. Warehouse access is supported by four oversized drive-in doors, and an additional 385 SF exterior storage building provides enclosed utility space. The site includes approximately 0.6 acres of secured outside storage within a 1.175-acre lot. The property is zoned CMU-3 for commercial and industrial uses and is located near the I-240 and I-40 interchange, with access to I-240 from Summer Avenue.

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?
$10k
Tax billed · 2022
Assessed value · 2023$159k
Assessed land$61k
Assessed improvement$97k
Effective rate6.09%

Value estimate

· Oct 2026
$810k
$729k – $891k
AI approach$755k
Submarket $/SF estimate$550k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$61 – $118
Qualifying comparables5

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Skin Care Clinic10.4
Pharmacy10.2

Location

5702 Summer Ave Memphis, TN 38134-7203
County assessor Recorded deeds · 11 transfers 5 qualifying comp sales 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
2850 Stage Vlg, Bartlett, TN 38134-4682 $1,478,000 Feb 2025 4,800 SF
2855 Stage Vlg, Bartlett, TN 38134-4616 $1,478,000 Feb 2025 4,800 SF
2851 Stage Vlg, Bartlett, TN 38134-4683 $1,478,000 Feb 2025 10,608 SF
1201 Sycamore Vw, Memphis, TN 38134-7615 $35,000 Jun 2024 5,250 SF
6510 Stage, Bartlett, TN 38134-3892 $321,000 Jun 2023 5,954 SF
2959 Elmore Park, Bartlett, TN 38134-8379 $275,000 Nov 2022 4,140 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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