Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    TBD Melvin Hill Road Tryon, NC 28782

    View on Map
    Claim this Listing
    For Sale
    $881,870

    Acreage - Campobello, NC

    Lot size:
    50.84 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    22
    Last Refresh:
    Apr 17 at 12:06 am

    Property Features for TBD Melvin Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Exterior features
    Flood Plain Area, Lake/Pond, Wooded, River Frontage
    Standard status
    Active
    Lot size
    50.84 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9368

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Nicole Sauve

    Listing agent Nicole Sauve License #300994

    Listing office Sauve Collective 3344 Peniel Road, Tryon, NC

    Listing date Mar 27, 2026

    MLS# 335143 Listing URL

    Copyright © 2026 Spartanburg Association of REALTORS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Campobello Acreage with River Frontage

    This 50.84-acre property in Campobello, NC, features over 1,700 feet of frontage on the Pacolet River. The land includes a private, stocked pond and several potential building sites. The absence of restrictions allows for diverse uses, including recreation, investment, or a private estate. City water is available. This property offers a combination of river frontage, usable land, and flexibility.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Tryon
    County
    Polk
    State
    North Carolina
    Longitude
    -82.2321
    Latitude
    35.2171

    Nearby Similar for Sale

    • $425,000

      Commercial Building with Development Potential

      Freestanding commercial building in evolving location with expansion possibilities.
      55 S Trade Street, Tryon, NC 28782
      View Details
    • $79,000

      Tryon, NC Waterfront Land

      Cleared 0.75-acre waterfront lot near Tryon, Saluda, Hendersonville.
      Warrior Drive, Tryon, NC 28782
      View Details
    • $44,000

      Melrose Mountain Wooded Lot

      1.52-acre wooded lot in gated community near Tryon, NC.
      Mountain Lakes Drive, Tryon, NC 28782
      View Details
    • $298,000

      Unrestricted Wooded Land Near Tryon

      14.5 acres of unrestricted wooded land near Tryon, NC.
      0 Hooker Road, Tryon, NC 28782
      View Details
    • $49,000

      Wooded Homesite in Historic Tryon

      One-acre wooded homesite near downtown Tryon, North Carolina.
      Fox Trot Lane, Tryon, NC 28782
      View Details
    • $225,000

      Wooded Lot Overlooking North Pacolet

      5.39 acre wooded lot with river views near Tryon, NC.
      Rondo Ridge Road, Tryon, NC 28782
      View Details
    • $498,999

      Mobile Home Park Investment Opportunity

      Established mobile home park with income and expansion potential.
      3100 Peniel Road, Tryon, NC 28782
      View Details
    • $349,900

      Tryon, NC Acreage For Sale

      16.12 acres near Tryon Equestrian Center with creek frontage.
      00 Green Creek Drive, Tryon, NC 28782
      View Details
    • $349,900

      16.12 Acres in Tryon, NC

      Unrestricted 16.12-acre land parcel with creek and building sites.
      0 Green Creek Drive, Tryon, NC 28782
      View Details
    • $498,999

      Flat Usable Acres in Tryon

      5 acres ideal for residential, agricultural, or small-scale development.
      3100 Peniel Road, Tryon, NC 28782
      View Details
    • $120,000

      Land with Mountain Views

      3.5-acre lot in gated community with spring-fed lakes.
      630 & 631 Melrose Mountain Road, Tryon, NC 28782
      View Details
    • $20,000

      Land in Woody's Estates, Tryon

      0.85 acre lot with creek, septic permit, and low HOA.
      Woody Circle, Tryon, NC 28782
      View Details

    FAQs

    What type of property is this?
    Recreation land - 50.84 acres with 1,700+ feet of Pacolet River frontage.
    Where is this recreation land located?
    The property is located at TBD Melvin Hill Road Tryon, NC.
    What is the asking price?
    The asking price for this property is $881,870.
    What are key features of this property?
    This property features: Over 1,700 feet of Pacolet River frontage.; 50.84 acres of usable land.; No restrictions allowing for flexible use (recreation, investment, private estate).
    (864) 415-2432
    We can help!
    Listing Contact
    Nicole Sauve
    Real Estate License ID: 300994
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!