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    Memphis, TN
    Parking & Garage

    Memphis, TN Parking Lots & Garages 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
    Downtown Memphis Commercial Property
    Updated: Mar 5
    Downtown Memphis Commercial Property

    345 S Main St, Memphis, TN 38103

    Contact for pricing
    15,000 sqft
    15,000 SF+ commercial property in central downtown Memphis.
    Diverse portfolio including SOB, multiple Airbnb units, and an adjacent parking lot.
    Located in the South Main Arts District.
    Surrounded by popular Memphis restaurants and venues.
    Proximity to FedEx Forum, the Orpheum Theatre, and Halloran Centre.
    View details
    Renovated Freestanding Parking Garage
    Updated: Jul 2
    Renovated Freestanding Parking Garage

    199 Jefferson Ave, Memphis, TN 11216

    Contact for pricing
    89,055 sqft
    89,055 SF freestanding parking garage
    Comprehensive renovation completed in early 2026
    Originally built in 1908
    Located in Memphis’ Downtown Business District
    Address: 199 Jefferson Ave
    View details
    See what stands out in Shelby County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 2 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Urban-Use Parking Lot
    Urban-Use Parking Lot

    S State, Little Rock, AR 72202

    $250,000
    16,988 sqft 0.39 AC lot

    Currently leased for parking within an urban-use zoning district.

    View details
    Land
    Land

    S State St, Little Rock, AR 72202

    Contact for pricing
    0.39 AC lot

    Commercial land · 0.39 Acres

    View details
    Automotive Ground Lease with Parking
    Automotive Ground Lease with Parking

    15103 Old Hickory Blvd, Nashville, TN 37211

    Contact for pricing

    Brand new Take 5 Oil ground lease plus CFA excess parking ground lease are available for sale.

    View details
    Paved Commercial Parking Lot
    Paved Commercial Parking Lot

    3636 Clarksville Pike, Nashville, TN 37218

    Contact for pricing
    0.58 AC lot

    0.58 acre paved commercial parking lot on Clarksville Pike.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Mixed-Use Land
    Commercial Mixed-Use Land

    583 E H CRUMP Blvd lot: 2 & 3, Memphis, TN 38126

    $40,000
    0.40 AC lot

    Vacant commercial parcel along an active business corridor with CMU-1 zoning.

    View details

    Off-Market Properties in Memphis, TN

    Consider similar Off-Market properties in Memphis, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    199 Jefferson Ave
    PARKING GARAGE, PARKING STRUCTURE

    199 Jefferson Ave, Memphis, TN 38103-2322

    $945,000
    Estimated value
    89,055 sqft 0.54 AC lot
    View details
    150 Peabody Pl, Unit 2
    PARKING GARAGE, PARKING STRUCTURE

    150 Peabody Pl, Memphis, TN 38103-3700

    Unit 2
    $905,000
    Estimated value
    175,428 sqft 0.73 AC lot
    View details
    150 Peabody Pl, Unit 1
    PARKING GARAGE, PARKING STRUCTURE

    150 Peabody Pl, Memphis, TN 38103-3700

    Unit 1
    Value Estimation by Request
    204,141 sqft 0.73 AC lot
    View details
    6044 Poplar Ave
    PARKING GARAGE, PARKING STRUCTURE

    6044 Poplar Ave, Memphis, TN 38119

    $755,000
    Estimated value
    150,512 sqft 2.68 AC lot
    View details
    202 Jefferson Ave
    PARKING GARAGE, PARKING STRUCTURE

    202 Jefferson Ave, Memphis, TN 38103

    $855,000
    Estimated value
    135,624 sqft 1.28 AC lot
    View details
    885 Madison Ave
    PARKING GARAGE, PARKING STRUCTURE

    885 Madison Ave, Memphis, TN 38103

    $12,850,000
    Estimated value
    19,160 sqft 5.51 AC lot
    View details
    964 Un Ave
    PARKING GARAGE, PARKING STRUCTURE

    964 Un Ave, Memphis, TN 38103

    $3,310,000
    Estimated value
    268,358 sqft 2.74 AC lot
    View details
    1870 Pyramid Pl
    PARKING GARAGE, PARKING STRUCTURE

    1870 Pyramid Pl, Memphis, TN 38132

    $795,000
    Estimated value
    195,424 sqft 2.63 AC lot
    View details
    2639 Fox Hl E Cir
    PARKING LOT

    2639 Fox Hl E Cir, Germantown, TN 38139-6817

    $220,000
    Estimated value
    0.01 AC lot
    View details
    405 Perkins Rd, Unit A
    PARKING LOT

    405 Perkins Rd, Memphis, TN 38117-3980

    Unit A
    $205,000
    Estimated value
    0.01 AC lot
    View details
    400 Monroe Ave
    PARKING GARAGE, PARKING STRUCTURE

    400 Monroe Ave, Memphis, TN 38103-3212

    $920,000
    Estimated value
    155,002 sqft 0.67 AC lot
    View details
    185 Un Ave
    PARKING GARAGE, PARKING STRUCTURE

    185 Un Ave, Memphis, TN 38103-2619

    $900,000
    Estimated value
    69,600 sqft 0.90 AC lot
    View details
    158 Vance Ave
    PARKING GARAGE, PARKING STRUCTURE

    158 Vance Ave, Memphis, TN 38103-4319

    $480,000
    Estimated value
    17,682 sqft 0.59 AC lot
    View details
    381 Highland St
    PARKING GARAGE, PARKING STRUCTURE

    381 Highland St, Memphis, TN 38111-4418

    $550,000
    Estimated value
    203,833 sqft 0.98 AC lot
    View details
    502 10th St
    PARKING GARAGE, PARKING STRUCTURE

    502 10th St, Memphis, TN 38103

    $920,000
    Estimated value
    106,340 sqft 0.72 AC lot
    View details
    3441 Airways Blvd
    PARKING GARAGE, PARKING STRUCTURE

    3441 Airways Blvd, Memphis, TN 38116-3805

    $1,480,000
    Estimated value
    2,048 sqft 12.38 AC lot
    View details
    Monroe Ave
    PARKING GARAGE, PARKING STRUCTURE

    Monroe Ave, Memphis, TN 38104

    $230,000
    Estimated value
    1.60 AC lot
    View details
    185 Madison Ave
    PARKING GARAGE, PARKING STRUCTURE

    185 Madison Ave, Memphis, TN 38103

    Value Estimation by Request
    222,312 sqft 0.99 AC lot
    View details
    61 2nd St
    PARKING GARAGE, PARKING STRUCTURE

    61 2nd St, Memphis, TN 38103-2609

    Value Estimation by Request
    218,448 sqft 0.56 AC lot
    View details
    7726 Southern Ave
    PARKING GARAGE, PARKING STRUCTURE

    7726 Southern Ave, Germantown, TN 38138-4908

    $535,000
    Estimated value
    816 sqft 2.74 AC lot
    View details
    678 Beale St
    PARKING GARAGE, PARKING STRUCTURE

    678 Beale St, Memphis, TN 38103

    $915,000
    Estimated value
    56,326 sqft 0.76 AC lot
    View details
    79 Un Ave
    PARKING GARAGE, PARKING STRUCTURE

    79 Un Ave, Memphis, TN 38103-5113

    $845,000
    Estimated value
    73,062 sqft 0.56 AC lot
    View details

    Memphis, TN Parking Lots & Garages Market Trends and Statistics

    Explore 54 parking lots & garages for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 104,055 square feet of properties for sale.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Land 713
    Office Spaces 653
    Retail properties & Spaces 576
    Residential land & home lots 381
    Retail space 340

    Demographics Overview

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

    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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    Most Searched ZIP Codes in Memphis, TN

    • 11216
    • 38103

    Featured Memphis Real Estate Agencies

    Realmo connects you with licensed Memphis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    KELLER WILLIAMS®
    930 S White Station Rd Memphis, TN 38117
    Phone: 19012617900
    www.kw.com
    Coldwell Banker Collins-Maury
    6263 Poplar Ave, Suite 220 Memphis, TN
    Phone: 19012598550
    Berkshire Hathaway HomeServices Taliesyn Realty
    465 Jack Kramer Drive - Suite 1 Memphis, TN 38117
    Phone: 19014664000
    www.bhhstaliesyn.com

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