4957 Summer AveMemphis, TN 38122

  • Warehouses
  • 39,394 SF
For Lease
$10.50/SF/YR View listing

Property Details for 4957 Summer Ave

Year built
1997
Lot size
1.77 AC
Property size (Sq ft)
39,394 SF
Zone code
EMP
Property type
Warehouses
APN
063-058- - -00027
APU
6305800027

Description

This exceptional Memphis commercial property, located at 4957 Summer Ave, offers a combined retail and industrial space totaling 5,660 square feet currently available for lease. The property is zoned commercial and situated in Shelby County, Tennessee, zip code 38122. Ideal for a variety of businesses, this multi-tenant building boasts a versatile layout suitable for both storefront retail operations and warehouse/distribution needs. The high ceiling height of 22 feet provides ample vertical space for storage or specialized equipment. Convenient loading and unloading is facilitated by one loading dock and one drive-in door. The property's strategic location in Memphis offers excellent access to major transportation routes, ensuring efficient logistics and convenient customer access. This is a rare opportunity to secure a well-positioned space in a thriving commercial area. The property's size and features make it an attractive option for businesses seeking a blend of retail visibility and efficient warehouse functionality. Serious inquiries are encouraged to explore the possibilities this property presents. Contact us today to schedule a viewing and discuss your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,496,896
    Hospitality
    $5,951,121
    Educational
    $4,951,263
    Medical
    $5,121,544
    Retail
    $7,701,964

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1484
Longitude
-89.8954
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
2023
$31,433
$165,920
$350,080
$516,000
-
$414,800
$875,200
$1,290,000

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