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    Property profile & analytics

    5855 Summer Ave Memphis, TN 38134-6719

    • Retail space
    • 20,150 SF
    • 1.85 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Last Sale
    Jun 11, 2021
    Location Intelligence
    Property ID
    US80-1797074
    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

    • A Moment In Time / Antique Store
    • Credit Repair / Credit Reporting Agency

    Property Details for 5855 Summer Ave

    Year built
    1975
    Lot size
    1.85 lot acres
    Property size
    20,150 SF
    Zone code
    CMU-3
    Property type
    Retail space
    APN
    089-044- - -00300
    APU
    8904400300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8667
    Latitude
    35.1724
    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
    $23,655
    $143,200
    $245,120
    $388,320
    -
    $358,000
    $612,800
    $970,800

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      6352 Summer Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      6352 Summer Ave, Bartlett, TN 38134-5873
      View Details
    • Value Estimation
      $485,000
      10,314 SF

      6816 Summer Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,314 SF
      6816 Summer Ave, Bartlett, TN 38134-4743
      View Details
    • Value Estimation
      $400,000
      2,800 SF

      1646 Sycamore Vw Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      1646 Sycamore Vw Rd, Memphis, TN 38134-7310
      View Details
    • Value Estimation
      $200,000
      1,704 SF

      2845 Shelby St

      RETAIL STORES (PERSONAL SERVICES) • 1,704 SF
      2845 Shelby St, Bartlett, TN 38134-4509
      View Details
    • Value Estimation
      $465,000
      25,200 SF

      6064 Stage Rd

      RETAIL STORES (PERSONAL SERVICES) • 25,200 SF
      6064 Stage Rd, Bartlett, TN 38134-8314
      View Details
    • Value Estimation
      $435,000
      24,352 SF

      5747 Stage Rd

      RETAIL STORES (PERSONAL SERVICES) • 24,352 SF
      5747 Stage Rd, Bartlett, TN 38134-4515
      View Details

    Similar Nearby for Sale

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    • $2,091,000

      Retail Property on Summer Avenue

      Retail property available for sale on Summer Avenue, Memphis.
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    • $790,000
      6,493 SF

      Retail Property on Summer Avenue

      6,493 SF retail property available for sale.
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      Retail Property for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      8,700 SF

      Retail Space in Bartlett, TN

      Retail space available for lease in Bartlett, Tennessee.
      2801-2861 Bartlett Blvd, Bartlett, TN 38134
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      1,440 SF retail space in high-traffic Memphis center.
      1674 Whitten Rd, Memphis, TN 38134
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    • Contact for pricing
      1,200 SF

      Retail Spaces Near Union Depot

      Retail spaces available adjacent to Union Depot development.
      6822-6850 Stage Rd, Bartlett, TN 38134
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    • $17 SF/Yr
      900 SF

      Retail Space in Bartlett, TN

      Retail space available in a well-located Bartlett property.
      6196-6220 Stage Rd, Bartlett, TN 38134
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    • Contact for pricing
      116,000 SF

      Crestview Industrial Space Available

      Memphis Flex/Warehouse Space for Lease
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    • Contact for pricing
      38,224 SF

      Shelby Oaks Flex/Showroom Space

      38,224 SF flex/showroom space with fenced storage and parking.
      1725 Shelby Oaks Dr N, Memphis, TN 38134
      View Details
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    Memphis, TN 38134-6719
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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