Property summary
This exceptional investment opportunity presents a freestanding Dollar General store ideally situated at 5930 Summer Ave, Memphis, Tennessee, 38134. Built in 2019, this single-story building encompasses 7,489 square feet on a 1.6-acre lot. The property benefits from a strong urban location within Shelby County, surrounded by established national retailers and restaurants, ensuring consistent customer traffic. Its strategic proximity to the I-40 interchange (approximately 0.7 miles) provides… excellent accessibility. The high-traffic area boasts impressive daily traffic counts: 24,781 vehicles pass the store daily, while the intersection sees approximately 33,006 vehicles, and I-40 registers approximately 144,813 vehicles daily. This net lease investment offers a compelling return with an asking price of $1,485,985, translating to $198.42 per square foot. The property's robust location and established tenant make it an attractive addition to any portfolio. This is a rare opportunity to acquire a well-performing, high-traffic grocery store in a prime Memphis location. The property's strong performance metrics and strategic location make it a highly desirable investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,700 SF
- Lot area
- 1.6 ac
- Year built
- 2019
- Stories
- 1
- APN
- 088-046- - -00076
- Zoning
- CMU-3
- Assessed value · 2023
- $640,200
- Annual tax · 2022
- $38,999
- Auto Repair, Garage
- Office Building
- Apartment House (5+ Units)
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The CMU-3 District is intended to accommodate a very broad range of high intensity commercial, office and employment uses that require highly visible and highly accessible locations with direct access to arterials. Resid…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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