1199 Thomas St, Memphis, TN

Industrial for Sale - $1,200,000 - 109,340 Sq. Ft. on 4 acres


Agent Info

Sean Blankenship
Coldwell Banker Commercial Collins-Maury

Property Info

CIMLS#1198138
Location
  1199 Thomas St
  Memphis TN 38107
UpdatedOctober 22nd, 2026
TypeIndustrial
Price$1,200,000
Building109,340 Sq. Ft.
Land4 acres

Property 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.


Financials