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    241 Brooklawn St Farragut, TN 37934
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    Property profile & analytics

    241 Brooklawn St, Farragut, TN 37934

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    • Banks
    • 3,995 SF
    • 1.13 lot acres
    For Lease
    $22 SF/Yr
    View Listing →
    Retail Space Near Kroger Marketplace For Lease
    $22 SF/Yr
    1,870 SF

    Retail Space Near Kroger Marketplace

    1,870 SF retail space available for lease.

    241 Brooklawn St, Farragut, TN
    View Listing
    Property ID
    US80-0923011
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,300,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pinnacle Financial Partners / Bank / Loan Service

    Property Details for 241 Brooklawn St

    Year built
    2009
    Construction
    LIGHT FRAME
    Lot size
    1.13 lot acres
    Property type
    Banks
    APN
    143 00317
    APU
    14300317

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 1, 2025 $2,195,000 Flm&m LLC Pnb Tn Portfolio Owner LLC Special Warranty Deed —
    Jun 25, 2024 — Samuel A Yoakum — Deed · related $217k · Pinnacle Bank
    Jun 28, 2023 $1,491,466 Pnb Tn Portfolio Owner LLC Pinnacle Bank Special Warranty Deed $130.8M · Texas Capital Bank NA
    Jun 28, 2023 — Pinnacle Bank Pnb Tn Portfolio Owner LLC Lease —
    Oct 1, 2019 $975,000 Pinnacle Bk Mpr Consultants INC Grant Deed · related —
    Jun 4, 2018 $3,850,060 Charles Mark Senn Moser Biddle Corp Special Warranty Deed $3M · Queensborough National Bank & Trust
    Feb 2, 2018 — Triet-giang H Nguyen — Deed · related $53k · Pinnacle Bk/sioux Cty
    Jun 9, 2010 — Moser-biddle Corp Biddle Properties INC Quit Claim Deed · related —
    — — Triet-giang H Nguyen — Deed Of Trust · related $53k · Pinnacle Bk/sioux Cty

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,089,000
      Market price range: $290k - $1.09M
      AI Estimate
      $1,089,000
      Market price range: $290k - $1.09M

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $795,000
      Current use
      MEDICAL BUILDING
      $810,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.1558
    Latitude
    35.8786
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $0.00
    $0.00
    $579,215
    -
    $611,700
    $837,200
    $1,448,900

    Comparable in this City

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      $905,000
      4,165 SF

      11441 Kingston Pike

      FINANCIAL BUILDING
      11441 Kingston Pike, Knoxville, TN 37934-3916
      View Details
    • Value Estimation
      $1,885,000
      5,724 SF

      11140 Kingston Pike

      FINANCIAL BUILDING
      11140 Kingston Pike, Knoxville, TN 37934-2806
      View Details
    • Value Estimation
      $1,100,000
      4,028 SF

      11685 Parkside Dr

      FINANCIAL BUILDING
      11685 Parkside Dr, Knoxville, TN 37934-2660
      View Details
    • Value Estimation
      $1,320,000
      4,843 SF

      11490 Parkside Dr

      FINANCIAL BUILDING
      11490 Parkside Dr, Knoxville, TN 37934-1973
      View Details
    • Value Estimation
      $1,090,000
      3,992 SF

      10735 Kingston Pike

      FINANCIAL BUILDING
      10735 Kingston Pike, Knoxville, TN 37934-3002
      View Details
    • Value Estimation
      $1,875,000
      32,604 SF

      12700 Kingston Pike

      FINANCIAL BUILDING
      12700 Kingston Pike, Knoxville, TN 37934-0917
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Kingston Pike Commercial Property

      Commercial property available on Kingston Pike in Knoxville, Tennessee.
      11110-11120 Kingston Pike, Knoxville, TN 37934
      View Details
    • Contact for pricing

      Established Diner Business Opportunity

      Profitable Knoxville diner with loyal customer base for sale.
      11110 Kingston Pike, Farragut, TN 37934
      View Details
    • $3,000,000

      Profitable Restaurant Investment Opportunity

      Restaurant property with national tenant in high-traffic location.
      609 North Campbell Station Rd, Knoxville, TN 37934
      View Details
    • Contact for pricing

      8.42 Acres Commercial Land

      Cleared, level land with frontage and easy access.
      Concord Rd, Knoxville, TN 37934
      View Details
    • $2,900,000
      Pending

      Land Available Off Kingston Pike

      Land for sale off Kingston Pike in Knox County.
      12143 Kingston Pike, Knoxville, TN 37934
      View Details
    • Contact for pricing

      Farragut Commercial Land Opportunity

      Commercial land for sale in the heart of Farragut.
      11407 Municipal Center Dr, Farragut, TN 37934
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space in Turkey Creek

      Retail buildings with high traffic and thriving neighbors.
      10913 Parkside Dr, Knoxville, TN 37934
      View Details
    • Contact for pricing
      19,201 SF

      Retail Space For Lease

      Retail space available for lease at Kingston Pike, Knoxville.
      13140 Kingston Pike, Knoxville, TN 37934
      View Details
    • $28 SF/Yr

      Move-In Ready Gym or Retail

      Well-finished gym space, convertible to retail, in Turkey Creek.
      10907 Parkside Dr, Knoxville, TN 37934
      View Details
    • Contact for pricing
      2,593 SF

      Farragut Retail Space Available

      Former Stein Mart space in Farragut, Tennessee.
      11519 Kingston Pike, Knoxville, TN 37934
      View Details
    • Contact for pricing
      1,870 SF

      Retail Space Near Kroger Marketplace

      1,870 SF retail space available for lease.
      241 Brooklawn St, Farragut, TN 37934
      View Details
    View Listing
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    Farragut, TN 37934
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    241 Brooklawn St, Farragut, TN, 37934
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