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    Property profile & analytics

    2093 Thomas Rd Memphis, TN 38134-5639

    • Warehouses
    • 66,815 SF
    • 6.88 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-3228002
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chickasaw Air Conditioning, Inc. / Air Conditioning Contractor
    • Industrial Conveyor Corporation / Machining Manufacturer
    • AKA Sheetmetal / Sheet Metal Contractor
    • Think Threads / Custom T-Shirt Store / Embroidery Shop
    • SEJA GLOBAL USA,INC / Paper Distributor / Cell Phone Accessory Store

    Property Details for 2093 Thomas Rd

    Year built
    1989
    Lot size
    6.88 lot acres
    Property size
    66,815 SF
    Zone code
    EMP
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    088-040- - -00135
    APU
    8804000135

    Description

    This exceptional multi-tenant industrial property, located at the intersection of Thomas Road and Spicer Cove in the Northeast submarket, offers a total of 126,500 square feet of warehouse and distribution space. The property consists of two buildings, constructed in 1989 and extensively renovated in 2020. Individual bays are available, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 3,000 square feet. Currently, one 8,100 square foot space is available. The buildings feature a desirable combination of dock-high doors at the front and drive-in doors at the rear, making them ideal for efficient loading and unloading of goods. Ceiling heights range from 18 to 22 feet, providing ample vertical clearance for storage and operations. The property is zoned for Light Industrial use and benefits from convenient access to the I-40/240 interchange. The electrical service is 208V 3-phase. This location is perfect for bulk deliveries and local and regional service companies seeking a well-maintained and strategically located industrial space. The property's modern amenities and flexible layout make it an attractive option for a variety of businesses. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.889
    Latitude
    35.1827
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $120,483
    $188,840
    $1,789,000
    $1,977,840
    -
    $472,100
    $4,472,500
    $4,944,600

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    2093 Thomas Rd
    Memphis, TN 38134-5639
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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