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Manufacturing Facility with Expansion Pad
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1531 Thomas St, Memphis, TN 38107

Former paper manufacturing facility suited to process operations and heavy power and water users.

Property Size198,633 SF
Days on Market142

Property Features for 1531 Thomas St

General Information

Standard status Active
Size 198,633 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 50 ft
Rail Access No
Heavy Power Yes

Building Details

Buildings 2
Listing Agency: NAI Saig Company Memphis
Listed By: Brian Califf · License #TN 299669
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:08AM

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 NAI Saig Company Memphis

Investment Insights

Based on property information with market context.

This former paper manufacturing complex contains 198,633 square feet across two primary buildings, with ceiling clearances reaching 50 feet. The facility is suited to process manufacturing and operations requiring substantial power and water service. A 10-acre graded pad provides additional outdoor storage or redevelopment area.

The property is located north of Downtown Memphis at 1531 Thomas St, with access to Interstate 55/40. It is near the International Port of Memphis and several intermodal facilities, supporting connections to regional logistics infrastructure. The site previously included an interior rail spur, and rail service may be re-established.

Key Highlights

  • 198,633‑square‑foot former paper manufacturing complex
  • Two primary buildings with ceiling heights up to 50’
  • Suited for process manufacturing and heavy power and water users

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Restaurant Big Box & Wholesale Store Kitchen & Bath Showroom

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

50 ft
Clear height
Yes
Heavy power
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

110
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 - Former paper manufacturing facility suited to process operations and heavy power and water users.
Where is this manufacturing property located?
The property is located at 1531 Thomas St Memphis, TN.
What are key features of this property?
This property features: 198,633‑square‑foot former paper manufacturing complex; Two primary buildings with ceiling heights up to 50’; Suited for process manufacturing and heavy power and water users
(901) 526-3100 Call to check price and availability
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