4112 Summer Avenue

Memphis, TN 38122

$1,575,000
Price
69,696 / 1.6
Lot Size / Acres

Description

Rare Opportunity, strategically located commercial property / land on the Retail corridor of booming Summer Ave. Property includes a total of four adjoined parcels with two free-standing building structures (one building fully leased), and vacant, flat and buildable land (the only in-fill tract left on Summer Ave.). Come join Summer/Graham Crossing, Chick Fila, Starbucks, Chipotle etc. 340 ft road frontage - perfect for any investment, development, cashflow and/or hold purposes.Rare Opportunity, strategically located commercial property / land on the Retail corridor of booming Summer Ave. Property includes a total of four adjoined parcels with two free-standing building structures (one building fully leased), and vacant, flat and buildable land (the only in-fill tract left on Summer Ave.). Come join Summer/Graham Crossing, Chick Fila, Starbucks, Chipotle etc. 340 ft road frontage - perfect for any investment, development, cashflow and/or hold purposes.
  1. Listed by Derrick Brown • Independence Realty&Investment

Property Details for 4112 Summer Avenue

Area
752F
MAAR Subdivision Name
MCDONALD
Legal Subdivision Name
MCDONALD PD
Location
City
LISTING UPDATED: 08/22/2024 08:44 PM

Property Details for 4112 Summer Avenue

StatusActive
MLS #10179579
Days on Market95
Taxes$9,951 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land
Year Built-
Lot Size1.60 AC
CountyShelby County

Building Information for 4112 Summer Avenue

Lot Size1.60 AC

Property Information for 4112 Summer Avenue

Summary
Location and General Information
  • Address: 4112 SUMMER AVE
  • Address Search Number: 4112
  • Directions: From 240 East, take Perkins to Summer. From Sam Copper take Highland to Summer.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 08-21-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: F
  • MLS Map Num: Kingsbury
  • Uses Of Adjacent Area: Commercial
Taxes and HOA Information
  • LVT Date: 08-20-2024
Property
Lot Information
  • Lot Size: 280 X 205.1
  • Acreage: 1.60
  • Improvements: Other (See REMARKS)
  • Lot Num: PT 23
  • Lots Available: 2-5
  • Parcel ID: 055069 00036C
  • Present Usage: Non-Residential Usage
  • Road Frontage: Paved
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning: CMU 2
  • Zoning Of Adjacent Area: Commercial
Property and Assessments
  • Legal: Recorded Subdivision, PUD
  • Service Type: Full Service Listing
Utilities
  • Utilities: Public Water

Property History for 4112 Summer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4112 Summer Avenue

Taxable ValueLand$122,920Additions$18,280Total$141,200
Tax Record2023$8,601 ($717 / month)
Home Facts
Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size56,628 SqFtStyleService StationYear Built1940Year Renovated1976ZoningOGCountySHELBYAPN055-069- - -00036-C

Schools near 4112 Summer Avenue

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Grahamwood Elementary School
PublicPK to 5

Treadwell Middle School
Public6 to 8

Kingsbury High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4112 Summer Avenue is a 1.6 ac of land for sale in Memphis, TN 38122. This property was listed for sale on August 20, 2024 by Independence Realty&Investment, it's currently listed at $1,575,000. It has been on the market for a total of 95 days and was last sold on March 31, 2009. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Grahamwood Elementary School, Treadwell Middle School and Kingsbury High School. 4112 Summer Avenue is a 0-bed, 0-bath, 1.6 ac of land on a 69,696 sq. ft. / 1.6 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Independence Realty&Investment