1199 THOMAS ST Memphis, TN $ 2,180,000
1199 THOMAS ST
$ 2,180,000
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1199 THOMAS ST

Memphis, TN, 38107
$ 2,180,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,600

1199 THOMAS ST, Memphis, TN 38107 - Image 1

Commercial Property for sale in Memphis, TN

for $2,180,000. This building was built in 1938.

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.

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Commercial Active

Price

$ 2,180,000

Property Type

Commercial

Taxes

$ 14,489

Style

Industrial

Year Built

1938

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10197814

Features
General
Roof Metal
Status Active Active
Legal Subdivision Name na
Stories Count 1
County Shelby
Class Commercial/Industrial
Type Light Industrial/Manufact
Area 725B Frayser - North
Road Frontage City Street
Sale/Rent For Sale
Status Detail 0
Location Industrial Park
Year Built 1938
Directions Thomas St and Firestone Ave
City Memphis
DOM 186
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Exterior
Foundation Slab
Number of Buildings 3
Lot Size 207 036
Parking Facility Secured
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Interior
Hot Water Public Water
Floors Other Flooring
Heating Other (Call LA)
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* Excluded Features
List By
Coldwell Banker Collins-Maury

Broker

Affordability Calculator

$14,808
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,600
Monthly Property Taxes
$1,207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2025$2,180,000 Listed Price

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1199 THOMAS ST, Memphis, TN, 38107 is a Commercial Property for sale at $2,180,000. 1199 THOMAS ST was built in 1938. The property's zip code is 38107 which is in Memphis, TN