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Property profile & analytics

5911 Summer Ave Memphis, TN 38134

  • Commercial real estate
  • 1.90 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-1540349
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

  • Commercial real estate

Property Details for 5911 Summer Ave

Lot size
1.90 lot acres
Property type
Commercial real estate
APN
089044 00248 & 089044 00249

Description

This exceptional 1.9-acre commercial land parcel, identified by APN 089044 00248 & 089044 00249, presents a remarkable investment opportunity in Memphis, Tennessee. Located at 5911 Summer Ave, zip code 38134, in Shelby County, this property boasts unparalleled visibility and accessibility due to its strategic placement along a high-traffic highway. The asking price is $399,000. Significant infrastructure is already in place, including readily available sewer, water, and electricity connections, significantly reducing development costs and timelines. This eliminates the need for extensive upfront infrastructure investment, allowing for a quicker start to your project. The property's zoning permits commercial development, opening doors to a wide range of possibilities. Potential uses include, but are not limited to, retail centers, quick-service restaurants (QSRs), mini-storage facilities, steel warehouses, or even a food truck park. The high traffic volume ensures substantial exposure and a large potential customer base. This prime location in a thriving Memphis market offers an exceptional chance to establish a successful commercial venture with maximum visibility and growth potential. The property's latitude and longitude coordinates are 35.17413 and -89.8654059 respectively.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.8654059
Latitude
35.17413
More about this property
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