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1199 Thomas St; Memphis, TN Property Details

1199 Thomas St, Memphis, TN is a Food Processing that was built in 1938. This property is currently a cash purchase and is for sale. Our records show that 1199 Thomas St has a total of 109,340 square feet. The lot size of 1199 Thomas St is 207,036 square feet.

On Market for 505 days
1199 Thomas St Memphis, TN 38107
$1,500,000 Listing Price
109,340 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1938
  • Purchase Price: $176,000
  • APN: 03-9008-0-0003C
  • Situs County: Shelby
  • Length Of Ownership: 29 years, 6 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Metal
  • Building Condition: Poor
  • Building Quality: C

Measurements

  • Total: 109,340/SqFt
  • Lot: 207,036/SqFt
  • Gross: 109,340/SqFt
  • Living: 109,340/SqFt
  • Building: 109,340/SqFt
  • Ground: 109,340/SqFt
  • Price Per Square Foot: $1.61

Legal Description

  • Description: WS THOAS ST LONT CONT: 40-50, 71-76 AND PT 39&70 SEE MAP GRID 113 E
Building Insights

Land Information

  • Property Type: Food Processing
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.17437 / -90.03676
  • Subdivision: Scott & Oberst
  • Property Class: Industrial
  • Zoning: EMP
  • County Use Code: 095

Amenities

  • Plus Four: 1708
  • Cooling: None
  • Heating: None

Ownership Info

1199 Thomas St has no associated ownership info
1199 Thomas St has no associated ownership info.

Taxes

1199 Thomas St has 10 associated Taxes items

1199 Thomas St, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $304,080. The APN we've located for 1199 Thomas St is 03-9008-0-0003C.

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Taxes
  • Assessed Value:  $304,080
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-9008-0-0003C
  • Assessed Land Value:  41400
  • Market Land Value:  103500
  • Tax Amount:  8179.75
  • Tax Year:  2025
  • Market Value:  760200
  • Market Year:  2025

Tax History

1199 Thomas St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $304,080 Land Value $41,400 Improvement Value $262,680 Tax Amount $8,179.75 Change Rate +0.096775% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $7,458 Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $220,000 Land Value $41,400 Improvement Value $178,600 Tax Amount $7,458 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $220,000 Land Value $41,400 Improvement Value $178,600 Tax Amount $13,401.61 Change Rate -0.101992% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $220,000 Land Value $41,400 Improvement Value $178,600 Tax Amount $14,923.71 Change Rate -0.069024% Assessed CR Tax Rate +0.067835%
Year 2020 Assessed Value $203,840 Land Value $41,400 Improvement Value $162,440 Tax Amount $16,030.18 Change Rate +1.061852% Assessed CR Tax Rate +0.078641%
Year 2019 Assessed Value $203,840 Land Value $41,400 Improvement Value $162,440 Tax Amount $7,774.65 Change Rate Assessed CR Tax Rate +0.038141%
Year 2018 Assessed Value $203,840 Land Value $41,400 Improvement Value $162,440 Tax Amount $7,774.65 Change Rate -0.019411% Assessed CR Tax Rate +0.038141%
Year 2017 Assessed Value $203,840 Land Value $41,400 Improvement Value $162,440 Tax Amount $7,928.55 Change Rate +0.12746% Assessed CR Tax Rate +0.038896%
Year 2016 Assessed Value $175,240 Land Value Improvement Value Tax Amount $7,032.22 Change Rate -0.081715% Assessed CR Tax Rate +0.040129%
Year 2014 Assessed Value $175,240 Land Value Improvement Value Tax Amount $7,657.99 Change Rate +0.184115% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $6,467.27 Change Rate Assessed CR Tax Rate