Memphis, Tennessee Commercial Real Estate Market Report

The Memphis market currently shows 102 active listings exclusively available for purchase on Commrty. These listings represent the entirety of the platform's inventory for the area, with all 102 properties listed for sale. The inventory reflects a diverse range of assets reflecting the city's role as a major logistics and distribution hub along the Mississippi River. Prospective buyers will find no new listings added within the last 30 days, though the full inventory of 102 properties was added to the platform over the course of the previous 90 days. All active listings currently remain on the market. Regarding pricing, 77 of the active listings currently publish a price, ranging from $110,000 to $24,000,000. The median asking price for these available properties stands at $855,000. For investors evaluating potential returns, the median advertised cap rate for these listings is 8.00%. This pricing structure provides a baseline for those analyzing the cost of entry for commercial assets in the region. The properties represent various segments of the local economy. The inventory is dominated by 42 retail properties, followed by 19 multifamily assets, 13 land parcels, and 10 industrial sites. Smaller segments include nine office buildings, four special purpose properties, and two each of hospitality and mixed-use assets. This composition suggests a broad selection for investors targeting different sectors of the Memphis economy, which is supported by its major transportation infrastructure and diverse industrial base. These listings provide a snapshot of available opportunities for those active in the local investment landscape.