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
Paved Parking Lot
Updated: Sep 21
Paved Parking Lot

930 TUNSTALL Ave S, Memphis, TN 38114

Contact for pricing
Paved parking lot
Near the corner of Tunstall Street and Park Avenue
Located at 930 Tunstall Ave S, Memphis, TN 38114
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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.
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Renovated Freestanding Parking Garage
Renovated Freestanding Parking Garage

199 Jefferson Ave, Memphis, TN 11216

Contact for pricing
89,055 sqft

Freestanding parking facility with a comprehensive renovation completed in early 2026.

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See hot listings in Memphis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
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Downtown Parking Lot
Downtown Parking Lot

243 EXCHANGE AVE, Memphis, TN 38105

Contact for pricing
0.40 AC lot

Surface parking asset with Exchange Ave frontage and Opportunity Zone designation.

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Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 4 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.

Modern Unit with Garage Parking
Modern Unit with Garage Parking

2201 5TH AVENUE S #405, Birmingham, AL 35233

$280,000
974 sqft

Top floor unit near UAB with premium garage parking.

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Industrial Land Parking Lot
Industrial Land Parking Lot

921 REV ABRAHAM WOODS JR BOULEVARD lot: 5 & 6, Birmingham, AL 35285

$150,000
0.25 AC lot

Vacant M1-zoned parcel currently serving as a parking lot.

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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.

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Land
Land

S State St, Little Rock, AR 72202

Contact for pricing
0.39 AC lot

Commercial land · 0.39 Acres

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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.

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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

Estimated value:
$945,000
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
Estimated value:
$905,000
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
Estimated value: by Request
204,141 sqft 0.73 AC lot
View details
6044 Poplar Ave
PARKING GARAGE, PARKING STRUCTURE

6044 Poplar Ave, Memphis, TN 38119

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

202 Jefferson Ave, Memphis, TN 38103

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

885 Madison Ave, Memphis, TN 38103

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

964 Un Ave, Memphis, TN 38103

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

1870 Pyramid Pl, Memphis, TN 38132

Estimated value:
$795,000
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

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

405 Perkins Rd, Memphis, TN 38117-3980

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

400 Monroe Ave, Memphis, TN 38103-3212

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

185 Un Ave, Memphis, TN 38103-2619

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

158 Vance Ave, Memphis, TN 38103-4319

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

381 Highland St, Memphis, TN 38111-4418

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

502 10th St, Memphis, TN 38103

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

3441 Airways Blvd, Memphis, TN 38116-3805

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

Monroe Ave, Memphis, TN 38104

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

185 Madison Ave, Memphis, TN 38103

Estimated value: 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

Estimated value: 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

Estimated value:
$535,000
816 sqft 2.74 AC lot
View details

Memphis, TN Parking Lots & Garages Market Trends and Statistics

Explore 56 parking lots & garages for sale in Memphis, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 104,055 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Land 583
Office Spaces 423
Retail properties & Spaces 367
Residential land & home lots 312
Residential income properties 278

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)

Property Size Breakdown

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

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