133 Hedrick Drive, Sugar Grove, WV 26815 | Off-Market

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Off-Market Call for Pricing

Call for Pricing
  • Five Stars
  • (0)
  • 117 Units
  • Unknown Sq Ft
  • 5,351,346 Sq Ft
  • Unknown Cap Rate

Description

Sugar Grove Station is located in the picturesque Potomac Highlands of Pendleton County, West Virginia. This exceptional property spans approximately 122.85 acres with 117 structures (89 dwellings) with over 445,000 Sf +/- combining rural beauty with strategic accessibility. Approximately 30 miles West of Harrisonburg, VA and 170 miles southwest of Washington, D.C., it lies within easy reach of the Shenandoah Valley and major East Coast cities such as Richmond, Arlington, and Baltimore. As you consider the vast potential of this property, envision the numerous opportunities that Sugar Grove Station offers for a visionary investor or developer ready to leverage its location and unique characteristics. Sugar Grove Station represents a unique investment opportunity that combines a low acquisition cost with high potential value. In 2025 the Real Estate tax assessment is reported to be reduced from $11.5M to $8.2M saving an estimated $90,000 annually in real estate tax! Some of the key factors that make this property an attractive investment include its competitive pricing, exceptional location, unique site features, and versatile redevelopment options and potential. This former naval base includes substantial infrastructure (Water / Sewer treatment, Fire Department, Cafeteria, Restaurant, Warehouses, Natural gas pipe line) with a diverse array of buildings and facilities (office buildings, recreations facilities, swimming pool, playground, dormitory / hotel style barracks) that cater to a wide range of potential uses including a movie studio, mountain resort, Spa, corporate training center, academic or religious campus, treatment facility, manufacturing facility or a practically a self-sustaining turnkey live/ work / play community. Dividing the property into mixed-use sections that combine residential, commercial, and recreational uses can create a self-sustaining community that appeals to developers looking to offer a comprehensive living and working environment. The possibilities are endless!

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Owner

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $4,900,000
Property Type Special Purpose
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1950
Last Sold Unknown
Sold Price Unknown
APN # 360620006
MLS # WVPT2000694
Property ID 320599050
Lot Sqft 5,351,346
Zoning VARIES - SEE AGENT
Total Units 117
Date Updated January 06, 2025
Date Created June 18, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Keith A May an agent of .


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Data last updated: March 23, 2025.
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