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    6343 Summer Ave Bartlett, TN 38134-5981
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    Property profile & analytics

    6343 Summer Ave, Bartlett, TN 38134-5981

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    • Strip malls
    • 14,700 SF
    • 1.24 lot acres
    Off-Market
    Last Sale May 28, 2021
    $1,515,000
    Property ID
    US80-0064708
    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.

    Value Estimations
    $1,345,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cycle Gear / Motorcycle Shop
    • Jireh Libreria Cristiana / (Bike/Boat/Book/etc) Store / Religious Bookstore
    • Autoplan Auto Insurance / Insurance Agency
    • The CHIC Standard Salon / Hair Salon
    • Ringmaster Rubbing Oil / Alternative Medicine Practice

    Property Details for 6343 Summer Ave

    Year built
    2004
    Lot size
    1.24 lot acres
    Zone code
    CMU-3
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    089-025- -C-00013
    APU
    089025C00013

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 28, 2021 $1,515,000 6343 Summer Ave LLC James R Waddell Warranty Deed $1.2M · Bank Of Bartlett
    Jun 17, 2020 James R Waddell Deed · related $35k · Landmark Cmnty Bk
    Dec 26, 2018 $1,425,000 James R Waddell Z 1 Management LLC Warranty Deed $1.5M · Landmark Cmnty Bk
    Feb 9, 2018 Z-1 Management LLC Migliara,lawrence JR Quit Claim Deed · related
    Mar 15, 2017 Lawrence Migliara JR Deed · related $686k · Laurence Bloch & General Invs
    Dec 4, 2009 $1,161,134 Lawrence Migliara JR. Biz Point Property Group LLC Warranty Deed $1.2M · Trustmark National Bank
    Sep 16, 2005 Costa Wilma R Trust Costa,wilma Quit Claim Deed · related
    Jun 1, 2005 $1,500,000 Wilma Costa Ferrell,jerry W Grant Deed $1.3M · Trustmark National Bank
    James R Waddell Deed Of Trust · related $35k · Landmark Cmnty Bk
    Joseph Sy Deed Of Trust · related
    Lawrence Migliara JR Deed Of Trust · related $686k · Laurence Bloch & General Invs
    Jerry W Ferrell Deed Of Trust · related $500k · Bank Of Bartlett

    Description

    This exceptional 1,500 square foot commercial property, located at 6343 Summer Ave in Memphis, Tennessee, presents a unique leasing opportunity. Classified as both retail and office space, this single-tenant building offers a versatile layout ideal


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,240,000
      ML approach
      $1,195,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,256,000
      Market price range: $469k - $1.95M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,080,000
      Current use
      MEDICAL BUILDING
      $2,105,000
      Change: +95% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,425,000
      Change: +32% Conversion: Difficult
      OFFICE BUILDING
      $1,315,000
      Change: +22% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,310,000
      Change: +21% Conversion: Difficult
      RETAIL STORES
      $1,220,000
      Change: +13% Conversion: Easy
      COMMERCIAL (GENERAL)
      $890,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8511
    Latitude
    35.1883
    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
    $33,609
    $105,480
    $446,240
    $551,720
    -
    $263,700
    $1,115,600
    $1,379,300
    More about this property
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