Search
Freestanding Office Building
For Sale
$2,500,000

225 S CLEVELAND St, Memphis, TN 38104

Commercial/Industrial, Memphis, TN

Property SizeContact for details
Days on Market93

Property Features for 225 S CLEVELAND St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision OVERTON
Standard status Active

Taxes and HOA fees

Tax Annual Amount 7196

Building Details

Year built 1968
Listing Agency: Hobson, REALTORS
Listed By: Jennifer Williams · License #337889
Added: May 20 Changed: Aug 19 Last Checked: Aug 20 at 8:06PM
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 was constructed in 1968 and is being offered in its existing as-is condition. The property is identified as an office building and is positioned within Memphis’ medical district.

The building is located at 225 S Cleveland St in Memphis, Tennessee, with a 38104 postal code. Its standalone configuration provides a distinct office property profile for commercial users evaluating space in the medical district.

Key Highlights

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

Property Analytics

Current Use

Central Parking - Lot ... Parking Lot & Garage

Suggested Use

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

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office property offered in its existing as-is condition within Memphis’ 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 $2,500,000.
What are key features of this property?
This property features: Freestanding office building; Built in 1968; Offered in as‑is condition
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message