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1199 Thomas St 109,340 SF 22% Leased Industrial Building Memphis, TN 38107 For Sale

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INVESTMENT HIGHLIGHTS

  • This flexible space benefits from strong transportation connectivity and visibility!

EXECUTIVE SUMMARY

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 207,036 square feet of land, with a robust three (3) building footprint of around 109,000 square feet, designed for manufacturing and milling operations. 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.

ATTACHMENTS

1199 Thomas OM

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.65 AC
Rentable Building Area 109,340 SF
No. Stories 1
Year Built 1940
Clear Ceiling Height 40’
No. Drive In / Grade-Level Doors 3
Zoning IH

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 85,020 SF
  • Industrial
  • -
  • Now

1199 Thomas Street offers a high-exposure lease opportunity on a major commercial and industrial corridor in North Memphis. Ideally suited for warehouse, distribution, service retail, or light manufacturing users, this flexible space benefits from strong transportation connectivity and visibility.

Space Size Space Use Condition Available
1st Floor 85,020 SF Industrial - Now

1st Floor

Size
85,020 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 85,020 SF
Space Use Industrial
Condition -
Available Now

1199 Thomas Street offers a high-exposure lease opportunity on a major commercial and industrial corridor in North Memphis. Ideally suited for warehouse, distribution, service retail, or light manufacturing users, this flexible space benefits from strong transportation connectivity and visibility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-9008-0-0003C
Land Assessment
$41,400
Improvements Assessment
$262,680
Total Assessment
$304,080
  • Listing ID: 36014565

  • Date on Market: 5/28/2025

  • Last Updated:

  • Address: 1199 Thomas St, Memphis, TN 38107

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