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1531 Thomas St; Memphis, TN Property Details

1531 Thomas St, Memphis, TN is a Food Processing that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 1531 Thomas St has a total of 197,406 square feet. The lot size of 1531 Thomas St is 411,119 square feet.

Off market
1531 Thomas St Memphis, TN 38107
$850,920 Estimated Value
197,406 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1973
  • Purchase Price: $2,000,000
  • Open Loans: 1
  • APN: 03-9037-0-0005
  • Situs County: Shelby
  • Length Of Ownership: 3 years, 2 months

Structure

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

Measurements

  • Total: 197,406/SqFt
  • Lot: 411,119/SqFt
  • Gross: 197,406/SqFt
  • Living: 197,406/SqFt
  • Building: 197,406/SqFt
  • Ground: 189,666/SqFt
  • Price Per Square Foot: $10.13

Legal Description

  • Description: WS NO THOMAS ST TO UNION RR
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: 35.18313 / -90.03793
  • Subdivision: Weakley
  • Property Class: Industrial
  • Zoning: IH
  • County Use Code: 095

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1002
  • Cooling: None
  • Heating: Electric

Ownership Info

1531 Thomas St has no associated ownership info
1531 Thomas St has no associated ownership info.

Taxes

1531 Thomas St has 10 associated Taxes items

1531 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 $850,920. The APN we've located for 1531 Thomas St is 03-9037-0-0005.

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Taxes
  • Assessed Value:  $850,920
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-9037-0-0005
  • Assessed Land Value:  74000
  • Market Land Value:  185000
  • Tax Amount:  22889.75
  • Tax Year:  2025
  • Market Value:  2127300
  • Market Year:  2025

Tax History

1531 Thomas St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $850,920 Land Value $74,000 Improvement Value $776,920 Tax Amount $22,889.75 Change Rate -0.059119% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $1,648,240 Land Value $82,240 Improvement Value $1,566,000 Tax Amount $24,328 Change Rate -0.566422% Assessed CR Tax Rate +0.01476%
Year 2023 Assessed Value $1,655,160 Land Value $89,160 Improvement Value $1,566,000 Tax Amount $56,109.92 Change Rate -0.4435% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $1,655,160 Land Value $89,160 Improvement Value $1,566,000 Tax Amount $100,826.38 Change Rate -0.105371% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $1,655,160 Land Value $89,160 Improvement Value $1,566,000 Tax Amount $112,701.86 Change Rate +0.927436% Assessed CR Tax Rate +0.068091%
Year 2020 Assessed Value $1,522,040 Land Value $89,160 Improvement Value $1,432,880 Tax Amount $58,472.44 Change Rate Assessed CR Tax Rate +0.038417%
Year 2019 Assessed Value $1,522,040 Land Value $89,160 Improvement Value $1,432,880 Tax Amount $58,472.43 Change Rate Assessed CR Tax Rate +0.038417%
Year 2018 Assessed Value $1,522,040 Land Value $89,160 Improvement Value $1,432,880 Tax Amount $58,472.44 Change Rate -0.019273% Assessed CR Tax Rate +0.038417%
Year 2017 Assessed Value $1,522,040 Land Value $89,160 Improvement Value $1,432,880 Tax Amount $59,621.51 Change Rate +0.029844% Assessed CR Tax Rate +0.039172%
Year 2016 Assessed Value $1,431,080 Land Value Improvement Value Tax Amount $57,893.75 Change Rate -0.074266% Assessed CR Tax Rate +0.040455%
Year 2014 Assessed Value $1,431,080 Land Value Improvement Value Tax Amount $62,538.2 Change Rate +4.085639% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $12,297.02 Change Rate Assessed CR Tax Rate