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  1. Commercial Properties
  2. TN
  3. Memphis

1199 Thomas St

For Sale

1199 Thomas St, Memphis, TN 38107

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.

Key features

  • Age: Over 50 Years Old
  • Lot Size: 2-5 Acres
  • Sewer: City
  • Water: City Water

Building Details

  • For Sale $1,200,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 109,340 SF
  • Lot Size 4 Acre
  • Additional Rent Price on request
  • Year Built 1938
  • Date Updated Oct 23, 2026
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Contacts

broker
Sean Blankenship

Coldwell Banker Commercial Collins-Maury

Location

  • City Memphis, TN
  • Neighborhood Industrial Area
  • Zip Code 38107
  • Market Memphis
  • Map
  • Street
  • Walk score 35/100 Car-Dependent
  • Transit score 26/100 Some Transit
  • Bike score 44/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

North End

1.38 miles

Overton

1.51 miles

Pyramid

1.61 miles

Convention Center

1.74 miles

Civic Center Plaza

1.92 miles

Jefferson

2.06 miles

North Court

2.12 miles

Jefferson Avenue

2.13 miles

South Court

2.17 miles

Danny Thomas

2.20 miles

Valero

1.15 miles

Marathon

2.04 miles

Citgo

2.25 miles

BP

2.26 miles

Kroger

2.53 miles

Exxon

2.87 miles

ChargePoint

9.10 miles

St. Jude Parking Garage 3

1.34 miles

St. Jude Parking Garage 2

1.38 miles

St. Jude Parking Garage 1

1.49 miles

First United Methodist Church

1.80 miles

Mud Island Parking

1.93 miles

City Hall Garage

1.94 miles

Crosstown Concourse Parking Garage

2.01 miles

100 North Main Parking Garage

2.02 miles

Comfort Inn Downtown

2.03 miles

One Memphis Place Garage

2.04 miles

Fire Station 6

0.57 miles

Fire Station 4

0.63 miles

Fire Station 15

1.36 miles

St. Jude Children's Research Hospital

1.43 miles

Fire Station 1

1.58 miles

Memphis Central Police Station

1.96 miles

Madison Pharmacy

1.96 miles

Le Bonheur Children's Hospital

2.11 miles

Memphis VA Medical Center

2.19 miles

Memphis Fire Department

2.29 miles

Cozy Corner Restuarant

1.35 miles

Kay Kafe

1.46 miles

The Lookout at the Pyramid

1.54 miles

Alcenia's

1.61 miles

Krispy Wings

1.72 miles

Tops Bar-B-Q

1.79 miles

KFC

1.83 miles

Wendy's

1.94 miles

The DogHouzz

2.07 miles

Church's Chicken

2.08 miles

Listing Summary

  • Property Financials

    1199 Thomas St is currently listed for sale at $1,200,000 for a price per square foot of $10.97.

  • Property Details

    1199 Thomas St totals 109,340 square feet of Industrial space on a lot spanning 4 acres. The property was initially built in 1938.

Contact Sean Blankenship
broker
Sean Blankenship

Coldwell Banker Commercial Collins-Maury

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