Manufacturing Property with Heavy-Duty
For Sale
$1,500,000
1199 THOMAS St, Memphis, TN 38107
Commercial/Industrial, Memphis, TN
Property Size109,000 SF
Lot Size4.75 Acres
Price / SF$13.76
Days on Market459
Property Features for 1199 THOMAS St
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
4.75 Acres
Taxes and HOA fees
Tax Annual Amount
14488
Building Details
Year built
1938
Listing Agency:
Coldwell Banker Collins-Maury · Coldwell Banker Real Estate
(901) 259-8500
Listed By:
Sean Blankenship · License #346664
(901) 800-8655
Added: May 30, 2025
Changed: Aug 19
Last Checked: Aug 31 at 3:06AM
MLS# 10197814
Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Positioned at 1199 Thomas St in Memphis, this manufacturing property comprises three buildings totaling approximately 109,000 square feet across 4.75 acres. The improvements were constructed in 1938 and are configured for manufacturing and milling operations, with four operational heavy-duty cranes ranging from 15 to 30 tons.
The property is zoned EMP under Memphis’s Unified Development Code. Its North Memphis location places the site near I-40 and within ZIP code 38107, supporting industrial, warehouse, distribution, and office-related applications identified for the property. The building scale, acreage, and crane infrastructure provide a substantial existing platform for industrial operations.
The property is zoned EMP under Memphis’s Unified Development Code. Its North Memphis location places the site near I-40 and within ZIP code 38107, supporting industrial, warehouse, distribution, and office-related applications identified for the property. The building scale, acreage, and crane infrastructure provide a substantial existing platform for industrial operations.
Key Highlights
- Approximately 4.75 acres with three buildings totaling around 109,000 square feet
- Four operational heavy‑duty cranes ranging from 15 to 30 tons
- Built in 1938 for manufacturing and milling operations
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 38107, TN
15,655
Population
8,093
Households
1.9
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
5.4 sq mi
ZIP Area
2,899
Density / Sq Mi
$36,393
Median Household Income
$34,958
Median Earnings
$999
Median Rent
$128,600
Median Home Value
Market
Vacancy Rate% for Industrial in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - EMP-zoned industrial property with substantial manufacturing and milling infrastructure near I-40.
Where is this manufacturing property located?
The property is located at 1199 THOMAS St Memphis, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 4.75 acres with three buildings totaling around 109,000 square feet; Four operational heavy‑duty cranes ranging from 15 to 30 tons; Built in 1938 for manufacturing and milling operations
