Building Details

Year built 1968

Listing Agency: Hobson, REALTORS j***@hobsonrealtors.com Show Phone

Listed By: Jennifer Williams · License #337889 Show Phone

Added: May 20 Changed: Sep 16 Last Checked: Oct 5 at 2:06AM

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MLS# 10222006

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding office building dates to 1968 and is being offered in its current as-is condition. The property is located at 225 S Cleveland St in Memphis, Tennessee, within the city’s medical district.

Key Highlights

• Freestanding office building
• Built in 1968
• Offered in as‑is condition

Property Analytics

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Current Use

Central Parking - Lot ... Parking Lot & Garage

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,645

Businesses Nearby

Explore this area Business Placement

Demographics for 38104, TN

22,584

Population

14,315

Households

1.6

Avg Household Size

38

Median Age

52%

College-Educated

93%

High-School Grad

5.0 sq mi

ZIP Area

4,517

Density / Sq Mi

$56,452

Median Household Income

$48,300

Median Earnings

$1,073

Median Rent

$301,100

Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019

15% 2020

16.8% 2021

16.2% 2022

17.3% 2023

16.7% 2024

17.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Existing office improvements are offered in their current condition within Memphis’s medical district.

Where is this office building located?

The property is located at 225 S CLEVELAND St Memphis, TN.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Freestanding office building; Built in 1968; Offered in as‑is condition