What Is Available in North Memphis — and How Much Power Comes With It?
- What is for sale?
- A ±49.82-acre data center / industrial site at 1231 Pope St, North Memphis, across 9 APNs per the recorded deed, offered as the full site. Call for pricing guidance.
- How much power is there?
- 4.5 MW served today under the current occupant's MLGW agreement, and the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study. Separate users; call for details.
- What condition is it delivered in?
- Flat and clean: delivered cleaned and remediated, with tanks and equipment removed. ±185,000 SF of buildings can stay (buyer's choice) or be removed.
- Who is it built for?
- New-build edge data center, cold storage, manufacturing, heavy industrial, IOS and logistics. Data center use falls under TVA's Large Data Service framework, with a Capacity Commitment Charge only above the first 5 MW (what changed with TVA's rate).
For Sale — Offering Memorandum
Data Center / Industrial Site, North Memphis, TN
1231 Pope St, North Memphis, TN 38108 | ±49.82 AC | 9 APNs | 4.5 MW Served Today | Call for Pricing Guidance
Site
±49.82 AC
9 parcels, per the recorded deed
Served Today
4.5 MW
Up to 4.4 MW per qualifying parcel potential (separate users)
Zoning
IH / EMP
Heavy Industrial / Employment
Transmission
161 kV
Traverses the property
Power, Rail and a Flat Site
±49.82 acres across 9 parcels, per the recorded deed. A data center / industrial site in North Memphis, offered as the full site. It is delivered cleaned and remediated: tanks and equipment removed, along with the other structures. ±185,000 SF of buildings that can stay (buyer's choice), or have them removed: a ±100,000 SF warehouse, a ±40,000 SF office building and a ±45,000 SF industrial building attached to the office. Infrastructure stays: two substations, 161 kV transmission, two short-line rail spurs, the metro fiber ring and gas.
4.5 MW served today under the current occupant's MLGW agreement; a new user applies to MLGW for its own service, with the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study; separate users, call for details. A flat, clean site for new-build edge data center, cold storage, manufacturing or IOS. The spurs sit adjacent to a major rail switching yard in Memphis's five-railroad hub.
Power at a Glance
4.5 MW served today under the current occupant's MLGW agreement · a new user applies to MLGW for its own service · the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study; separate users, call for details
Property Highlights
- ±49.82 acres across 9 separately deeded parcels, offering flexibility to phase, subdivide or serve multiple users.
- 4.5 MW served today; the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study; separate users, call for details.
- Delivered cleaned and remediated; ±185,000 SF of buildings that can stay (buyer's choice), or have them removed: a ±100,000 SF warehouse, a ±40,000 SF office building and a ±45,000 SF industrial building attached to the office.
- Two on-site substations and 161 kV transmission; metro fiber ring and gas on site.
- Two short-line rail spurs, adjacent to a major rail switching yard.
- Established heavy-industrial corridor, 11 miles from xAI's Colossus, with no residential adjacency conflicts.
- Two high-pressure MLGW gas mains (6" and 4", 61–99 PSIG); Texas Gas Transmission interstate corridor approx. 8 miles away.
Call for pricing guidance.
Offers invited via call-for-offers process; contact the broker for timeline. Execute the NDA for data room access →
Power: MLGW / TVA
Power Today
| Item | Detail |
|---|---|
| Power served today | 4.5 MW served today by MLGW on the TVA system, under the current occupant's MLGW agreement; a new user applies to MLGW for its own service. |
| Qualifying-parcel path | The potential for 4.4 MW per qualifying parcel without having to go through an MLGW study; separate users, call for details. One user across several parcels does not qualify. |
| Loads above 4.4 MW per user | A single user's new service above 4.4 MW, including one user across several parcels, triggers an MLGW load study; timing and cost details in data room. Upgrade scope and cost are determined by the study. |
| Capacity requests | A new user applies to MLGW for its own service; details in data room. |
| Transmission | 161 kV transmission traverses the site; two substations are located on the property. |
Path to More Power: In Plain Terms
| Step | What It Means |
|---|---|
| 1. Today | 4.5 MW is served today under the current occupant's MLGW agreement; a new user applies to MLGW for its own service. |
| 2. Need more? | A new user applies to MLGW for its own service. Each qualifying parcel served to a separate user at 4.4 MW or less stays below the study threshold. Call for details. |
| 3. Larger loads | A single user above 4.4 MW, or one user across several parcels, goes through an MLGW load study (timing and cost details in data room), which sets upgrade scope and cost. |
| 4. Talk to us | Contact the broker; details in data room. |
Data center use, if considered, falls under TVA's Large Data Service framework (approved August 20, 2026), which adds a Capacity Commitment Charge only above the first 5 MW, a plus for an edge user at or below 5 MW. Contact broker for details.
Zoning
Zoned IH (Heavy Industrial) / EMP. Data center use is subject to City of Memphis data center standards adopted Oct 20, 2026, including a temporary permitting pause; buyers should confirm requirements with the City.
Target Users
New-build edge data center, cold storage, manufacturing, heavy industrial, industrial outdoor storage (IOS) and logistics, on a flat, clean site. Each user applies to MLGW for its own service, sized to its load.
Infrastructure and Substations
The campus was engineered for continuous heavy-industrial operations and carries infrastructure that typically takes years, and tens of millions of dollars, to assemble on a greenfield site.
| Asset | Detail |
|---|---|
| Power | 4.5 MW served today under the current occupant's MLGW agreement; a new user applies to MLGW for its own service, with the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study; separate users, call for details. |
| On-site substations | Two substations located on the property. |
| 161 kV transmission | High-voltage transmission traverses the site, with western parcels immediately adjacent to the line. |
| Fiber connectivity | The Memphis metro fiber ring runs on site. |
| Natural gas | Two high-pressure MLGW mains serve the site (6-inch and 4-inch), 61–99 PSIG. |
| Rail and logistics | Two short-line rail spurs on site, adjacent to a major rail switching yard; Memphis five-railroad hub. |
| Zoning | IH / EMP. Data center use is subject to City of Memphis data center standards adopted Oct 20, 2026, including a temporary permitting pause; buyers should confirm requirements with the City. |
Natural Gas Service
| Asset | Detail |
|---|---|
| High-pressure mains | Two MLGW mains serve the site: one 6-inch and one 4-inch, operating at 61–99 PSIG. |
| Existing service | Industrial gas service in place from the site's history as an operating chemical plant. |
| Interstate pipeline | Texas Gas Transmission's interstate corridor (lines up to 36") is approx. 8 miles away. |
The Offering: 9 APNs
Shelby County, TN · Single ownership · IH / EMP. Deed available upon request. NDA required for the data room and tours.
| APN | Address | Deeded Ac. | Zoning | Bldg. SF |
|---|---|---|---|---|
| 043009 00111 | 1231 Pope St (county: 0 Pope St, north) | 16.44 | IH | 35,876 |
| 043007 00005C | 1268 Warford St | 14.33 | IH | 122,550 |
| 043009 00110C | 1231 Pope St (county: 0 Pope St, south) | 4.58 | EMP | 104,000 |
| 043007 00002C | 1285 Pope St | 4.32 | IH | 33,592 |
| 043007 00009C | 3018 Bell Ave | 1.92 | IH | 13,371 |
| 043007 00008Z | 0 Bell Ave | 0.36 | IH | n/a |
| 043009 00131Z | Bell Ave | 0.24 | EMP | n/a |
| 043007 00007 | Pope St (1231 Pope St campus) | 0.14 | IH | n/a |
| 043009 00133 | 1178 Pope St | 7.49 | Per county records | Per county records |
| Total: 9 APNs | 49.82 |
Acreage is deeded; Bldg. SF per county records. ±185K SF of buildings can stay (buyer's choice).
Site Plan
Site Delivery: Flat and Clean
The site is delivered cleaned and remediated: tanks, equipment and other structures are removed. ±185,000 SF of buildings that can stay (buyer's choice), or have them removed: a ±100,000 SF warehouse, a ±40,000 SF office building and a ±45,000 SF industrial building attached to the office. Scope and timing are agreed in the purchase agreement. A flat site suits a new build for edge data center, cold storage, manufacturing or IOS, with the substations, 161 kV, rail spurs, fiber and gas in place. Photos show the current, pre-delivery condition.
Location — Jackson Ave / Warford St, North Memphis
To xAI Colossus
11 Miles
Rail
2 Spurs On Site
Memphis Rail Hub
5 Railroads
Parcels
9 APNs
Demographics
Population and households within 0.25, 0.5 and 1 mile of the site.
| Population | 0.25 Mi | 0.5 Mi | 1 Mi |
|---|---|---|---|
| Total Population | 195 | 1,590 | 8,323 |
| Average Age | 35.6 | 28.8 | 27.0 |
| Total Households | 80 | 567 | 2,909 |
| Persons per HH | 2.4 | 2.8 | 2.9 |
| Average HH Income | $41,511 | $49,742 | $43,189 |
| Average House Value | $115,579 | $88,221 | $65,635 |
Source: 2023 American Community Survey (ACS).
Data Room & Offering Process
The site is offered through a call-for-offers process. Call for pricing guidance. All offers will be evaluated on a highest and best basis.
| Step | Detail |
|---|---|
| 1. Execute NDA | Qualified parties receive data room access upon execution of a confidentiality agreement. |
| 2. Offers due | Bid deadline to be announced; contact the broker for timeline. Offers are invited via the call-for-offers process. |
Offering available to qualified parties.
Access to the virtual data room is provided upon execution of a confidentiality agreement (NDA).
eXp Commercial | 3401 Mallory Lane, Suite 200, Franklin, TN 37067
This summary is provided for preliminary informational purposes only and does not constitute an offer to sell. All information is from sources deemed reliable but is not guaranteed; prospective purchasers must independently verify all matters, including utility capacity, entitlements, environmental and site conditions. Power figures reflect 4.5 MW served today under the current occupant's MLGW agreement; a new user applies to MLGW for its own service, subject to MLGW / TVA determinations. New service headroom beyond that is subject to MLGW study. Potential per qualifying parcel reflects MLGW discussions, applies only where each qualifying parcel is served to a different user, and must be confirmed with MLGW. Information obtained from sources believed reliable, including the recorded deed, Shelby County records and MLGW, but not verified and not guaranteed by eXp Commercial. Acreage, power capacity, zoning, environmental condition and utilities must be independently verified by buyer. Subject to errors, omissions, prior sale or withdrawal without notice. Brokered by eXp Commercial.
Questions Buyers Ask About the North Memphis Site
The questions data center, industrial and logistics buyers ask most often about this ±49.82-acre site. Power figures must be confirmed with MLGW.
Why is there no asking price?
The site is offered through a call-for-offers process, so there is no published asking price. Call for pricing guidance; offers are invited and the broker can share the timeline. Next steps are the NDA, data room, site tour and offers.
How much power does the site have?
4.5 MW is served today by MLGW on the TVA system, under the current occupant's MLGW agreement. A new user applies to MLGW for its own service, with the potential for 4.4 MW per qualifying parcel without having to go through an MLGW study. That applies to separate users; call for details.
What happens if a user needs more than 4.4 MW?
A single user's new service above 4.4 MW, including one user across several parcels, triggers an MLGW load study. The study sets upgrade scope and cost; timing and cost details are in the data room.
What is being offered?
The full site: ±49.82 acres across 9 separately deeded parcels (APNs) in Shelby County, per the recorded deed. Separate deeds give flexibility to phase, subdivide or serve multiple users. The deed is available upon request, and an NDA is required for the data room and tours.
What condition is the site delivered in?
Delivered cleaned and remediated: tanks, equipment and other structures are removed. ±185,000 SF of buildings that can stay (buyer's choice), or have them removed: a ±100,000 SF warehouse, a ±40,000 SF office building and a ±45,000 SF industrial building attached to the office. Scope and timing are agreed in the purchase agreement. Photos show the current, pre-delivery condition.
How is the site zoned?
Zoned IH (Heavy Industrial) / EMP. Data center use is subject to City of Memphis data center standards adopted Oct 20, 2026, including a temporary permitting pause; buyers should confirm requirements with the City.
How does TVA's data center rate affect this site?
Data center use, if considered, falls under TVA's Large Data Service framework (approved August 20, 2026), which adds a Capacity Commitment Charge only above the first 5 MW. That is a plus for an edge user at or below 5 MW. Contact the broker for details.
Who is the target user?
New-build edge data center, cold storage, manufacturing, heavy industrial, industrial outdoor storage (IOS) and logistics users, on a flat, clean site. Each user applies to MLGW for its own service, sized to its load.
What infrastructure is on site?
Two substations, 161 kV transmission traversing the site (western parcels immediately adjacent to the line), the Memphis metro fiber ring, two high-pressure MLGW gas mains (6-inch and 4-inch, 61–99 PSIG), and two short-line rail spurs adjacent to a major rail switching yard in Memphis's five-railroad hub.
What natural gas service is on site?
Two high-pressure MLGW gas mains serve the site, one 6-inch and one 4-inch, operating at 61–99 PSIG. Industrial gas service is in place from the site's history as an operating chemical plant, and Texas Gas Transmission's interstate corridor (lines up to 36 inches) is approx. 8 miles away.
What demand drivers support the location?
The site sits in an established heavy-industrial corridor 11 miles from xAI's Colossus, with no residential adjacency conflicts, in a Memphis market that has proven large data center loads can land here.
Could the property work for a 1031 exchange?
Yes, for a buyer acquiring the real estate. Land, buildings and the real-property infrastructure qualify as like-kind. Section 1031 only requires that you hold the replacement property for investment or for use in your business, identify it within 45 days of selling, and close within 180 days through a qualified intermediary.
How does the NDA and data room process work?
Step 1: execute the confidentiality agreement (NDA) to receive data room access. Step 2: submit an offer through the call-for-offers process; the bid deadline will be announced, and the broker can share the timeline.
Tennessee and TVA Power
Is Tennessee still a good place for data centers after TVA's new data center rate?
Yes for right-sized users. TVA's board approved a separate data center rate on August 20, 2026, which LandGate summarizes as an average 10% bill increase phased in over three years plus upfront capacity-commitment charges. For new load the Capacity Commitment Charge applies above the first 5 MW, so smaller edge users keep an advantage. This North Memphis site has 4.5 MW served today and the potential for 4.4 MW per qualifying parcel for separate users. See how TVA's rate affects Tennessee sites.
What should I ask about the substation before buying a data center site?
Ask how much offtake capacity is available at the nearest substation, how much is already claimed by projects ahead in the queue, and which rate class will apply. Those answers set your real power date and cost. This site has two substations on the property and 161 kV transmission across it; MLGW details are in the data room. Need hyperscale-size power instead? See Grand Tower Energy Center in Illinois, with 347 MW of grid headroom.
Sources: LandGate.
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