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2347 Summer Ave
Memphis, TN 38112
Land For Sale
·
0.40 AC
INVESTMENT HIGHLIGHTS
- Signalized intersection off Sam Cooper Blvd Across from Exxon convenience store Flanked by new apartments and residential developments
- Proximity to Key Destinations: Downtown Memphis: 5 miles Overton Square: 4.6 miles Memphis Zoo: 1.7 miles Crosstown Concourse: 2 miles
- Nearby Traffic Counts: Summer Avenue: 30,304+ VPD East Parkway: 34,675+ VPD I-40/Sam Cooper: 32,438+ VPD Poplar Avenue: 27,646+ VPD
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $375,000 | Lot Size | 0.40 AC |
| Price Per AC | $937,500.00 |
| Price | $375,000 |
| Price Per AC | $937,500.00 |
| Lot Size | 0.40 AC |
Introducing an exceptional opportunity to own a prime corner lot in the heart of Memphis, TN. 2347 Summer Avenue boasts a hard corner location at the signalized intersection of Summer Ave and E. Parkway
DESCRIPTION
The property is located at 2347 Summer Avenue, Memphis, TN 38112, positioned at a signalized hard corner at Summer Avenue and East Parkway. It offers .40 acres (approximately 16,988–17,337 SF) of land with frontage of 187 feet on Summer Avenue and 82 feet on East Parkway Boulevard. The site is zoned RU-3 Commercial, making it suitable for a variety of commercial uses. The location provides immediate access to major routes including I-40 and Poplar Avenue, ensuring excellent connectivity throughout Shelby County. The surrounding area features newly redeveloped apartments, residential builds, and is across from a busy Exxon convenience store. Nearby landmarks include Overton Park, Memphis Zoo, Levitt Shell, and the Broad Avenue Arts District.
PROPERTY TAXES
| Parcel Number | 03-3001-0-0001C | Improvements Assessment | $840 |
| Land Assessment | $63,400 | Total Assessment | $64,240 |
PROPERTY TAXES
