Property profile

5855 Summer Ave Memphis, TN 38134

OFF-MARKET
Retail space
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Property ID
US80-1797074
20,150 SF 1.85 ac Built 1975
Last sale Sep 2026·$3,300,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$24k
Tax billed · 2022
Assessed value · 2023$388k
Assessed land$143k
Assessed improvement$245k
Effective rate6.09%

Value estimate

· Nov 2026
$545k
$491k – $600k
AI approach$545k
Submarket $/SF estimate$897k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$37 – $142

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.6
Realty agency14.1
Law Firm13.7

Location

5855 Summer Ave Memphis, TN 38134-6719
County assessor Recorded deeds · 7 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6045 Shelby Oaks, Memphis, TN 38134-7400 $418,000 Nov 2024 8,185 SF
1539 Whitten, Memphis, TN 38134-7549 $770,000 Nov 2023 8,320 SF
5372 Pleasant Vw, Memphis, TN 38134-6414 $925,000 Dec 2022 10,168 SF
6770 Macon, Memphis, TN 38134-7542 $5,833,333 Mar 2022 15,048 SF
6281 Stage, Bartlett, TN 38134-3727 $278,000 Jan 2021 14,320 SF
6816 Summer, Bartlett, TN 38134-4743 $575,000 Apr 2020 10,314 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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