4112 SUMMER AVE

Memphis, TN
$ 1,325,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Prime Development or Leasehold Opportunity on rapidly emerging Summer Ave. Up to 0.86 acre available. Clear and Level. Zoned CMU 1 - provides for broad Retail and Commercial use. 2 miles from interstates 240 East/West. Property located direct center of bustling retail and commercial uses. Newer establishments include: Chick fila, Starbucks, Wendy's, Tacos Nganas, Planet Fitness, Take 5 Oil, St Micheals Catholic Church, Summer/Graham strip center. One of the only lots left on Summer.

Land

  • Price
  • $ 1,325,000
  • Lot Size
  • 1.3 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Memphis
  • Taxes
  • $ 12379
  • County
  • SHELBY
  • Style
  • Area
  • Kingsbury
  • MLS#
  • 10110003
  • Zip
  • 38122
Listing Provided by: Independence Realty&Investment
Data Source: Memphis MLS (MAAR) - 87 - TN

Features

General

Area 752F
City Memphis
Class Land
Legal Subdivision Name MCDONALD PD
Listing Area Kingsbury
Road Frontage Paved
Service Type Full Service Listing
Status Active
Status Active
Type Land
Utilities Electricity, Natural Gas, Public Sewer, Public Water, Telephone
Zoning CMU

Exterior Features

Improvements Fenced
Lot Size 280 X 205.1
Shape Regular

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bartlett, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/5/2021 Listed $1,325,000

Property vs Zip Code Average in 38122

Price
AVG $670K
$1.33M
Taxes
AVG $6,231
$12,379
Visits
AVG 48
5
Walkscore
AVG 58
63
Data Provided by Walkscore ® not using MLS data

Map

4112 SUMMER AVE Memphis, TN is a Single Family Home for sale at $1325000 and a lot size of 1.3 Acres Acre(s). 4112 SUMMER AVE Memphis has 0 bedrooms, 0 baths . The property's zip code is 38122 which is in Memphis, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.