#10198485, Listing office: Myers Cobb Realtors, LLC
Property details
About 2525 Summer Ave
Location! Location! Location! Prime commercial land in the vibrant heart of the city — right next to a major city landmark! This high-visibility location offers unmatched exposure and endless potential for your next big venture. Don’t miss the chance to secure this rare gem in one of the most sought-after spots in town!
Highlights
Home typeVacant Land
StatusActive
Lot size2 Acres
MLS #10197702
Summary
- List Price: $699,000
- Annual Tax Amount: $7,850
- Tax Year: 2024
- Lot: Other
- Directions: Get on I-40 W from Sycamore View Rd. Take Sam Cooper Blvd to Tillman St. Turn right onto Tillman St. Turn left onto Summer Ave
- Lot Size: 2 Acres
- MLS Number: 10197702
- Office Name: eXp Realty, LLC
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 7:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 18, 2020 | Home Sold | $320,000 |
| Jun 08, 2020 | Home Sold | $175,000 |
| Oct 17, 2007 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $128,880 | $7,850 |
| 2023 | $128,880 | $7,850 |
| 2022 | $128,880 | $9,525 |
| 2021 | $154,560 | $9,525 |
| 2020 | $90,000 | $9,034 |
| 2019 | $124,680 | $9,034 |
| 2018 | $124,680 | $- |
History based on county public records data.
Nearby schools
5
William H. Brewster Elementary School
Public Magnet PK-5
0.3 mi
•2605 Sam Cooper Blvd
5
Springdale Elementary School
Public Magnet PK-5
0.7 mi
•880 N Hollywood St
3
Cornerstone Preparatory - Lester Campus
Public Charter PK-5
0.9 mi
•320 Carpenter St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,273. Typical income of Memphis, TN residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
81%
<35k
19%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
27%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing
Figure Skating
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Church's Chicken
What do the neighbors drive?
Buick
Kia
Cadillac
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2525 Summer Ave
The listing price of 2525 Summer Ave property is $699,000.
The property 2525 Summer Ave is land located in Memphis, Tennessee, 38112.
Active Listing: 2525 Summer Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2525 Summer Ave are: William H. Brewster Elementary School (GreatSchools Rating 5/10), Springdale Elementary School (GreatSchools Rating 5/10), Cornerstone Preparatory - Lester Campus (GreatSchools Rating 3/10), Compass Community School Binghampton Campus (GreatSchools Rating 5/10), Lester Prep Academy (ASD) (GreatSchools Rating 3/10), Snowden School (GreatSchools Rating 3/10), Kipp Memphis Collegiate High School (GreatSchools Rating 3/10), Compass Community School Midtown Campus (GreatSchools Rating 4/10), East High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $7,850 (source: MLS/based on county public records data).
The last sale was on November 18, 2020 for $320,000 (source: MLS/tax record).
The property 2525 Summer Ave is 2 acres.
This home is located at 2525 Summer Ave in Memphis, TN and zip code 38112 in the Binghampton / Lester neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $699,000.
Over 73 listings were sold over their listed price in June 2025 in Memphis, TN. In the same period over 219 listings were sold below the listed price and 107 listings were sold for the listed price. The number of listings in Memphis, TN increased by 11.9% between May and June 2025. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.
From Rocket Homes Real Estate and based on county public records data.