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    Property profile & analytics

    255 Trade St Tryon, NC 28782-3030

    • Office buildings
    • 3,256 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US53-3711773
    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.

    Current Use by Public Records

    • Katie D's NY Bagels & Deli / Bagel Shop / Breakfast Restaurant
    • Brett Auston Floral & Gift Boutique / Florist
    • Fredericks Design Studio / Jewelry Designer
    • Polk County Community Foundation / Non-Profit Organization
    • FedEx Drop Box / Mailing Service

    Property Details for 255 Trade St

    Year built
    1971
    Lot size
    1.14 lot acres
    Property size
    3,256 SF
    Property type
    Office buildings
    APN
    T8-H3
    APU
    T8H3

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $300,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $320,000
      Mixed-Use
      $330,000
      Hospitality
      $330,000
      Educational
      $300,000
      Residential Income
      $275,000
      Energy
      $330,000
      Income-Based Land
      $235,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Tryon
    County
    Polk
    State
    North Carolina
    Longitude
    -82.237
    Latitude
    35.2051

    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
    2023
    $2,602
    $171,000
    $283,306
    $454,306
    -
    $171,000
    $283,306
    $454,306

    Comparable in this City

    • Value Estimation by Request
      432 SF

      546 Mane Gate Dr

      OFFICE BUILDING • 432 SF
      546 Mane Gate Dr, Tryon, NC 28782
      View Details
    • Value Estimation
      $470,000
      1,888 SF

      2753 Lynn Rd

      OFFICE BUILDING • 1,888 SF
      2753 Lynn Rd, Tryon, NC 28782-6855
      View Details
    • Value Estimation
      $265,000
      2,531 SF

      2470 Lynn Rd

      OFFICE BUILDING • 2,531 SF
      2470 Lynn Rd, Tryon, NC 28782-6689
      View Details
    • Value Estimation
      $400,000
      1,456 SF

      3919 Lynn Rd

      OFFICE BUILDING • 1,456 SF
      3919 Lynn Rd, Tryon, NC 28782-2878
      View Details
    • Value Estimation
      $305,000
      3,112 SF

      22 Trade St

      OFFICE BUILDING • 3,112 SF
      22 Trade St, Tryon, NC 28782-6771
      View Details
    • Value Estimation
      $680,000
      5,360 SF

      69 Pacolet St

      OFFICE BUILDING • 5,360 SF
      69 Pacolet St, Tryon, NC 28782-3364
      View Details

    Similar Nearby for Sale

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      Downtown Tryon Office Building

      Historic building, prime location, high potential.
      38 Trade St, Tryon, NC 28782
      View Details
    • $399,999
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      26-acre tract ideal for private estate or recreation.
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      Five flat, usable acres ideal for development or agriculture.
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      Mobile Home Park Investment Opportunity

      Established mobile home park with income and expansion potential.
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    • $120,000
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      Land with Mountain Views

      3.5-acre lot in gated community with spring-fed lakes.
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    255 Trade St
    Tryon, NC 28782-3030
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    Realmo Value Estimation

    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.

    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.

    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
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