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Medical Office Suite with Fenced Patios
For Sale
$295,000

5108 STAGE Rd, Memphis, TN 38134

Commercial/Industrial, Memphis, TN

Property Size2,700 SF
Price / SF$109.26
Days on Market57

Property Features for 5108 STAGE Rd

General Information

Property type Residential
Property subtype Office
Subdivision STAGE WOODS OFFICE PARK PUD PHASE 2
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1226

Amenities

outside fenced patios
handicap accessible

Building Details

Year built 1984
Listing Agency: Leco Realty, Inc.
Listed By: Lowell Brister
Added: Aug 10 Changed: Oct 3 Last Checked: Oct 5 at 1:06PM
MLS# 10228057

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.

Two connected medical office units, identified as 5108 Stage Unit G1 and G2, are being sold together and cannot be separated. The property contains approximately 2,700 square feet and was previously used as a doctors’ office, with hand sinks in most exam rooms. A refrigerator will remain, and some furnishings may be available for purchase. Phone and internet components are excluded.

Fenced patios extend outside the office. The property is handicap accessible, and the roof was replaced in 2021. The building dates to 1984. Monthly fees cover water, trash pickup, grounds upkeep, and parking lot lighting.

Key Highlights

  • Approximately 2,700 square feet across two units sold together
  • Hand sinks in most exam rooms; previously used as a doctors’ office
  • Roof replaced in 2021

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Restaurant Hair Salon

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

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Dr. Gerald Blackburn — 2958 Covington Pike, Memphis, TN 38128

Frequently Asked Questions

What type of property is this?
Medical Office Space - Connected units offer exam-room sinks, accessible entry, and a refrigerator that remains with the property.
Where is this medical office space located?
The property is located at 5108 STAGE Rd Memphis, TN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Approximately 2,700 square feet across two units sold together; Hand sinks in most exam rooms; previously used as a doctors’ office; Roof replaced in 2021
More about this property
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