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4112 Summer Ave
Memphis, TN 38122

Land For Sale · 1.30 AC

Investment Highlights

  • versatile investment, offering opportunities for development, cashflow, and/or holdings
  • only in-fill tract left on Summer Ave
  • located on one of the busiest retail corridors in memphis tn
  • multiple new national QSRs and retail strip centers in less than 1 mile from site

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Bank
  • Carwash
  • Department Store
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
Total Lot Size 1.30 AC

Description

Rare Opportunity to acquire prime, strategically located commercial property / land on the retail corridor of booming and growing Summer Ave. This versatile investment includes a total of four adjoined parcels with two free-standing building structures (one leased to a national tenant and one owner used), and vacant, flat and buildable land (the only in-fill tract left on Summer Ave.). This jewel has 340 ft of road frontage and is perfect for almost any development, cashflow and/or hold purposes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-5069-0-0036C
Land Assessment
$122,920
Improvements Assessment
$18,280
Total Assessment
$141,200

zoning

Zoning Code OG (PD with CMU 2 Rights)
OG (PD with CMU 2 Rights)
  • Listing ID: 28217703

  • Date on Market: 4/12/2023

  • Last Updated:

  • Address: 4112 Summer Ave, Memphis, TN 38122

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