Farragut, TN
Commercial Real Estate Market Trends & Data

$349 Avg asking sale price
$2,372 Avg asking lease rate
22,477 SF Avg unit lease size
10,277 SF Avg building size for sale
6.49% Average cap rate

Farragut's Demographic Profile

Farragut has 9,252 households and a median income of $126,433, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 25,625
# Households 9,252
Median age 46
Median household income $126,433
Avg household size 3.0
Renter-occupied housing units 1,038
5-year population change +8%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Farragut, TN

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Farragut $385 16,638 SF 8.30%
Oak Ridge $132 95,172 SF 6.87%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Oak Ridge $150 37,502 SF 6.87%
Knoxville $211 31,626 SF 8.44%
Nearby Retail Markets Avg Cost/SF Typical Size
Farragut $391 4,383 SF
Lenoir City $222 4,015 SF
Louisville $81 11,160 SF
Oak Ridge $150 11,391 SF
Alcoa $419 8,580 SF

Commercial Properties For Sale in Farragut

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

400 N Watt Road

Knoxville, TN 37934

  • 4.89 AC Lot
  • 1 Agricultural Lot
  • $1,750,000
For Sale

Club Car Wash

Knoxville, TN 37919

  • 5,000 SF Retail Building
  • 5.50% Cap Rate
  • $3,636,363
For Sale

120 Interchange Park Dr

Lenoir City, TN 37772

  • 4,255 SF Retail Building
  • 8.04% Cap Rate
  • $1,300,000
For Sale

1101 Corridor Park

Knoxville, TN 37932

  • 50,003 SF Office Building
  • 8.30% Cap Rate
  • $8,700,000
For Sale

9091 Middlebrook Pike

Knoxville, TN 37923

  • 5.92 AC Lot
  • 1 Commercial Lot
  • $2,500,000
For Sale

9229 Middlebrook Pike

Knoxville, TN 37931

  • 1,987 SF Specialty
  • $635,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Farragut pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Farragut $349 10,277 SF
Lenoir City $197 8,927 SF
Louisville $81 11,160 SF
Oak Ridge $410 58,685 SF
Alcoa $293 19,090 SF

Regional Demographic Comparison

This comparison places Farragut alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Farragut or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Farragut 25,625 9,252 46 $126,433 3 1,038 8%
Lenoir City 12,406 4,719 37 $50,197 3 1,840 14%
Louisville 3,360 1,389 52 $86,878 2 221 9%
Oak Ridge 34,277 14,673 42 $66,878 2 5,584 6%
Alcoa 11,525 4,929 40 $55,726 2 2,058 8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Farragut, TN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Farragut

View All Commercial Real Estate For Sale in Farragut
Is Farragut a good market for a first-time commercial real estate investor?

Farragut offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Farragut?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Farragut. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Farragut?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Farragut. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Farragut compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Farragut. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Farragut acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Farragut, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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