Technical
Financial
Distress signals
Property profile

0 Kingston Pike Farragut, TN 37934

OFF-MARKET
Retail properties & Spaces
4,220 SF 1.67 ac lot Built 1946
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,220 square foot storefront located at 0 Kingston Pike, Farragut, TN 37934. Situated on a 1.67-acre lot, this single-story building, constructed in 1946 and renovated in 1960, boasts a prime location at a busy West Knoxville intersection. Currently operating as a successful, long-standing laundry and dry cleaning business since 1990, this turnkey operation includes all equipment, branding, and infrastructure. The asking price is $1,549,000, translating to $367.06 per square foot. The property benefits from high visibility and strong demographics, with numerous national and local retailers nearby, including Costco, Walmart, Target, and more. This presents a unique chance for an existing operator to expand or a new owner to capitalize on a proven business model in a thriving market. Knoxville's robust real estate demand makes this a compelling investment. The business is currently in active operation

Property profile

Verified
Property type Retail properties & Spaces
Year built 1946
Total area 4,220 SF
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Kingston Pike Farragut, TN 37934
Farragut metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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