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    266 Cleveland St Memphis, TN 38104-3533
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    Property profile & analytics

    266 Cleveland St Memphis, TN 38104-3533


    • Medical Office Space
    • 17,072 SF
    • 0.37 lot acres
    Off-Market
    Property ID
    US80-1940327
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Scott Edwards DDS / Dental Office
    • Kemp Greg DDS / Dental Office
    • Human Technology Prosthetics and Orthotics / Orthotics & Prosthetics Service
    • Mid-America Manufacturing / Industrial Manufacturer / Production Facility
    • 𝗔𝟭 𝗔𝘂𝘁𝗼 𝗧𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁 𝗠𝗲𝗺𝗽𝗵𝗶𝘀 / Car Dealership / Shipping Company

    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 Office Space
    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

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $540,000
      Market price range: $527k - $1.63M

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,469
    $23,440
    $296,160
    $319,600
    -
    $58,600
    $740,400
    $799,000
    More about this property
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