See Home Value
$401,158*
Commercial - Off Market

2505 SUMMER

Memphis, TN 38112
bedrooms
Studio
bathrooms
0 Bath
$270,000 - $330,000
Reference Base Price*
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Almost 1 Acre Multi-Use Lot ~ Prime Location on Summer Ave ~ Currently Used Car Lot + Auto Service Garage ~ Primary Building is Around 1000-1200 Sq Ft ~ Around 6000 Sq Ft of Garage ~ 3 Automatic Lifts & Semi Downdraft Heated Spray Booth Remain ~ $26K/Month in Notes Avail For Purchase ~ Business Doc's Avail Upon Request ~ N of Broad ~ Private Road Access ~ There's A Lot of Value Here
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$7,646
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Oct 22, 2020 No longer available -
No longer available
Aug 18, 2020 Price Decreased $300,000
↓ $15K (4.8%)
Price Decreased
Jul 23, 2020 Price Decreased $315,000
↓ $10K (3.1%)
Price Decreased
Jul 16, 2020 Price Decreased $325,000
↓ $25K (7.1%)
Price Decreased
Jun 11, 2020 Listed $350,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$325,000 Feb 20, 2023
-
$70/mo
House
3 Beds
2.5 Baths
-
$277,500 Jan 30, 2023
-
$322/mo
House
3 Beds
2.5 Baths
-
$325,000 Oct 20, 2022
-
$77/mo
House
3 Beds
2.5 Baths
-
$325,000 Jan 27, 2023
-
$163/mo
House
3 Beds
2.5 Baths
-
$325,000 Sep 1, 2022
-
$163/mo
Townhouse
3 Beds
2 Baths
-
$339,000 Jan 1, 2023
-
$296/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200611
06/11/2020
Loft
-
-
$350,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

2505 Summer Avenue 2505 Summer Avenue, Memphis, TN 38112
More about this Building
2505 Summer Avenue
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About Jackson - University Area


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