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Listing provided courtesy of Coldwell Banker Collins-MauryMLS# 10197814MLS Provider
  • 396 days on site
  • 0 views

Nestled in the heart of North Memphis, 1199 Thomas St is a prime industrial gem, perfect for businesses looking to tap into the city's vibrant logistics and manufacturing scene. This hefty property spans approximately 4.75 acres, with a robust three (3) building footprint of around 109,000 total square feet, designed for manufacturing and milling operations. 4 heavy-duty cranes, ranging from 15 to 30 tons, are operational. Zoned EMP (Employment) under Memphis's Unified Development Code, it's a versatile space ideal for light industrial activities, warehousing, or even office setups, with development standards that ensure flexibility for your business vision. Located in the 38107 ZIP code, it's strategically positioned near major infrastructure like I-40, making it a logistical dream for distribution or supply chain operations.

Source: Memphis MLS, MLS#: 10197814

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  • Property Type
    Commercial Sale

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1199 THOMAS ST

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Memphis MLS Status Change
Active
5/4/2026Source: Memphis MLS Status Change
Pending
1/14/2026Source: Memphis MLS Price Reduction
$1,500,000 -31.2%
5/30/2025Source: Memphis MLS Added to Database
May 30, 2025