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Manufacturing Property with Cranes
New
For Sale
$1,500,000

1199 Thomas St, Memphis, TN 38107

Three-building industrial compound with operational heavy-duty cranes and EMP zoning.

Property Size109,340 SF
Lot Size4.75 Acres
Price / SF$13.72
Days on Market2

Property Features for 1199 Thomas St

General Information

Standard status Active
Size 109,340 SF
Lot size 4.75 Acres
Zoning EMP

Additional Details

Highway Access Yes

Building Details

Year Built 1938
Buildings 3
Listing Agency: Coldwell Banker Collins-Maury
Listed By: Sean Blankenship · License #B-23766
Source: Bryanrealty
Added: Sep 1 Last Checked: Sep 1 at 9:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Collins-Maury

Investment Insights

Based on property information with market context.

This manufacturing property at 1199 Thomas St comprises three buildings on approximately 4.75 acres. The improvements were designed for manufacturing and milling operations and include four operational heavy-duty cranes with capacities ranging from 15 to 30 tons. The property was built in 1938.

Zoned EMP (Employment) under Memphis’s Unified Development Code, the site supports manufacturing, warehousing, and office uses identified in the property information. Its North Memphis location in ZIP code 38107 places the facility near I-40, providing access to a major regional transportation corridor.

Key Highlights

  • Approximately 4.75 acres
  • Three‑building footprint designed for manufacturing and milling operations
  • Four operational cranes with capacities ranging from 15 to 30 tons

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Law Firm Big Box & Wholesale Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

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

5.5% 2019
6.3% 2020
4.8% 2021
4.5% 2022
7.4% 2023
8.8% 2024
8.5% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Three-building industrial compound with operational heavy-duty cranes and EMP zoning.
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; Three‑building footprint designed for manufacturing and milling operations; Four operational cranes with capacities ranging from 15 to 30 tons
More about this property
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