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Memphis, TN Medical Office Space for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
37 properties
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Medical Office Building with Shell Space
Updated: Apr 20
Medical Office Building with Shell Space

6634 SUMMER KNOLL Cir, Bartlett, TN 38134

$1,300,000
2022 office building in Bartlett’s medical office area
Owner occupies part of the building and is willing to remain as a tenant
Remaining portion is in shell condition for new‑owner buildout
Accessible from Summer Avenue and Highway 64
Located minutes from I‑40
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Open-Plan Office Units
Updated: Apr 17
Open-Plan Office Units

804 S HIGHLAND St, Memphis, TN 38111

$765,000
Open floor plan with multiple office areas
Restrooms included within the property
Wraparound driveway supports site circulation
On‑site parking available
Built in 1964
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Freestanding Office Building
Freestanding Office Building

225 S CLEVELAND St, Memphis, TN 38104

$2,500,000

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

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Pediatric Medical Center
Pediatric Medical Center

2860 Covington Pike, Memphis, TN 38128

$3,573,863
19,550 sqft

Established pediatric practice serving Memphis-area children and adolescents from a medical center built in 1997.

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Medical Office Building
Medical Office Building

3124 THOMAS St, Memphis, TN 38127

$150,000

More than 4,000 square feet with prior physician-office use and renovation needs.

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Medical Office with Exam Rooms
Medical Office with Exam Rooms

1900 KIRBY Pky, Germantown, TN 38138

$126,500

Configured with patient care rooms, private offices, a waiting area, and updated interior finishes.

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Medical Office Condo
Medical Office Condo

5158 STAGE Rd, Memphis, TN 38134

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Office condo with multiple rooms, a patient waiting area, bathroom, and ready checking counter.

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Ground-Floor Medical Office Suite
Ground-Floor Medical Office Suite

1920 Kirby Parkway, Memphis, TN 38138

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4,350 sqft

Divisible space accommodates varying medical office requirements within a ground-level commercial setting.

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Mixed-Use Condo with Studio Apartment
Mixed-Use Condo with Studio Apartment

95 S MAIN St S, Memphis, TN 38103

$349,000

Two-level layout combines medical office improvements with residential amenities.

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Medical Office Suite
Medical Office Suite

5158 Stage Rd, Memphis, TN 38134

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1,150 sqft

Office configuration includes multiple rooms, a waiting area, and a private bathroom for medical or general office use.

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Medical Office Space with Exam Rooms
Medical Office Space with Exam Rooms

5108 Stage Rd, Memphis, TN 38134

$295,000
1,354 sqft

Two parcels are offered together with exam-room plumbing, fenced patios, and accessibility features.

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Medical and Traditional Office Building
Medical and Traditional Office Building

555 S PERKINS RD, Memphis, TN 38117

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58,032 sqft

For sale office building suited for both medical and traditional office users in East Memphis.

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Renovated Medical Office Building
Renovated Medical Office Building

1036 Oakhaven Rd, Memphis, TN 38119

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5,376 sqft

Flexible clinical layout with existing dental improvements, included equipment, and on-site parking supports immediate professional use.

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Two-Story Medical Office Center
Two-Story Medical Office Center

100 N Humphreys Blvd, Memphis, TN 38120

Contact for pricing
52,359 sqft

Specialized outpatient facility with diagnostic, radiology, and rehabilitative care functions in an established medical office setting.

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Germantown Parkway Outparcel Opportunity
Germantown Parkway Outparcel Opportunity

1645 North Germantown Parkway, Memphis, TN 38016

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3,270 sqft

3,270 SF outparcel ideal for medical or retail use.

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Medical Office Suite Ready
Medical Office Suite Ready

9064 Corporate Gardens Drive, Germantown, TN 38138

Contact for pricing
2,460 sqft

Built in 2002 and improved in 2017, this fully functional office suite is ready for immediate patient use.

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Two-Story Medical Office Building
Two-Story Medical Office Building

1129 Hale Rd, Memphis, TN 38116

Contact for pricing
8,215 sqft

Two-story medical office property designed for healthcare use with visibility and accessibility along a high-traffic corridor.

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Free-Standing Office Building
Free-Standing Office Building

225 S CLEVELAND ST, Memphis, TN 38104

$2,500,000

For sale as-is free-standing office building positioned within Memphis’s medical district.

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Mixed-Use Development With Retail
Mixed-Use Development With Retail

1250 N Germantown Pkwy, Memphis, TN 38016

Contact for pricing
152,665 sqft

Multi-component commercial property combining retail, office, medical office, and a restaurant ground lease.

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Built-Out Medical Condo Suite
Built-Out Medical Condo Suite

7675 Wolf River Cir, Germantown, TN 38138

Contact for pricing
4,048 sqft

First-floor medical condo suite built out for dental/orthodontics with multiple exam and imaging rooms, plus parking on all sides.

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Class A Office Building
Class A Office Building

6634 Summer Knoll Cir, Memphis, TN 38134

Contact for pricing
4,500 sqft

Shell-condition office property suited to medical or general office layouts, with on-site parking and access to two highways.

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Dental Office with 3 Exam Rooms
Dental Office with 3 Exam Rooms

771 E MALLORY, Memphis, TN 38106

Contact for pricing
1,418 sqft

Dental office features three exam rooms, waiting and break areas, and a private restroom, with furnishings and equipment included.

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Medical Office Space with Exam Rooms
Medical Office Space with Exam Rooms

1297 MARLIN, Memphis, TN 38116

Contact for pricing
1,595 sqft

Commercially zoned practice includes furnishings and dental equipment.

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Stand Alone Office/Medical Building
Stand Alone Office/Medical Building

1695 Bonnie Ln, Memphis, TN 38016

Contact for pricing
5,129 sqft

Renovated office/medical building with ample parking and high visibility.

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Memphis, TN Medical Office Space Market Trends and Statistics

Explore 72 medical office space for sale in Memphis, TN, showcased through 37 active listings on our real estate platform. These investment opportunities span a total of 387,106 square feet of properties for sale, with an estimated market value of $11,928,363.

Sale prices for medical spaces in Memphis, TN start at $100,000, averaging $1,084,396, and reaching up to $3,573,863 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 351
Office buildings 265
Medical Office Space 111
Coworking space 13
Creative space 11

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

High-Yield Neighborhoods for Investment

Identify Memphis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38134 $98.3K
38114 $100K
38127 $150K
38119 $269K
38103 $349K

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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