266 Cleveland St Memphis, TN 38104-3533
- Medical offices
- 17,072 SF
- 0.37 lot acres
Current Use by Public Records
- Scott Edwards DDS / Emergency Dental Service / Teeth Whitening Service
- Kemp Greg DDS / Dentist
- Human Technology Prosthetics and Orthotics / Orthotics & Prosthetics Service
- Mid-America Manufacturing / Manufacturer
- 𝗔𝟭 𝗔𝘂𝘁𝗼 𝗧𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁 𝗠𝗲𝗺𝗽𝗵𝗶𝘀 / Vehicle Shipping Agent
Property Details for 266 Cleveland St
- Year built
- 1957
- Lot size
- 0.37 lot acres
- Property size
- 17,072 SF
- Zone code
- CMU-3
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 016-019- - -00010
- APU
- 1601900010
Description
This exceptional 8,536-square-foot creative office building, located at 266 S Cleveland Street in Memphis, Tennessee, presents a unique investment opportunity. Built in 1957, this Class B property boasts a prime location in the heart of the Medical District, offering convenient access to Methodist University and other key medical facilities. The entire building, encompassing 8,536 contiguous square feet, is currently vacant and available for lease. The two-story structure features one elevator and ample parking with 50 spaces spread across three dedicated lots. The zoning is Commercial - Medical Office - CMU 3, making it ideally suited for a variety of medical office uses, including, but not limited to, chiropractic, physical therapy, dental, or counseling practices. The property includes a single building with a total of 8,536 square feet, offering flexibility for a single tenant or the potential for multiple tenants. The building's address is 266 S Cleveland Street, Memphis, TN 38104, with a cross street of Union Avenue. The Shelby County Assessor's Parcel Number (APN) is 016019 00010. This property offers a rare chance to acquire a substantial, well-located office building in a thriving medical district. The building's size and parking provisions make it an attractive option for a variety of medical professionals seeking a prominent location with ample space and convenient parking for both staff and clients. The second floor is currently available for lease.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $540,000
Market price range: $527k - $1.63M
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Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0165
- Latitude
- 35.1348
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA