- For Sale $1,200,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 109,340 SF
- Lot Size 4 Acre
- Year Built 1938
- Date Updated Nov 7, 2026
Description
Coldwell Banker Commercial Collins-Maury is pleased to
present 1199 Thomas Street, a 109,340 square foot industrial facility located
in the heart of North Memphis, one of the city’s most active and strategically
positioned industrial submarkets. Situated on 4.75 acres and zoned EMP
(Employment District), this multi-building asset is ideally suited for heavy
manufacturing, warehousing, or value-add repositioning.
Originally constructed in 1938, the property features three interconnected
buildings—±90,000 SF, ±20,000 SF, and ±7,500 SF—and includes multiple
high-capacity overhead cranes (30-ton and 15-ton), 30-foot ceiling clearance,
and robust power infrastructure. With close proximity to major transportation
corridors including I-40 and U.S. Route 51, the site provides seamless access
to Memphis’s core distribution and logistics network.
This property presents a rare opportunity to acquire a large-scale industrial
asset with exceptional value per square foot. With strong bones, flexible
zoning, and high demand for industrial space in the Memphis market, 1199
Thomas Street offers users and investors alike a compelling combination of
functionality, location, and upside potential.
Highlights
- Age: Over 50 Years Old
- Lot Size: 2-5 Acres
- Sewer: City
- Water: City Water
False
Contacts
Sean Blankenship
Coldwell Banker Commercial Collins-Maury
Location
Located at 1199 Thomas St, Memphis, TN 38107, this property is part of the Industrial Area neighborhood and Memphis market.
Contact Listing Broker
Sean Blankenship
Coldwell Banker Commercial Collins-Maury