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133 Hedrick Drive

SUGAR GROVE, WV 26815
  • $4,900,000
  • STATUS: Active
  • ON SITE: 167 Days
  • ID#: WVPT2000694
UPDATED: 223 min ago
$4,900,000
  • 0
    BEDS
  • 122.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or City Smart Living | Keller Williams Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T23:50:33.863.
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133 Hedrick Drive SUGAR GROVE, WV 26815

  • Price: $4,900,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 223 min ago
  • ID#: WVPT2000694
0
Beds
0
Baths
0
½ Baths
122.85
Acres
1950
Built
County:
Pendleton
School District:
Pendleton County Schools
Property 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!
Exterior Features

Construction Materials BlockBrickConcreteFrameGlassMetal SidingVinyl Siding Garage YN No Other Equipment See Remarks Parking Types DrivewayParking Lot Property Condition Good Road Responsibility Private Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 445000.00 Cooling Central A/CHeat Pump(s) Heating Heat Pump(s) Heating YN Yes Net Square Feet 445000.00 Security Features Security Gate

Property Features

Accessibility Features Elevator Central Air YN Yes Cooling Fuel Electric Electric GeneratorUnderground Heating Fuel Electric Hot Water Multi-tank Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 117 Original MLSNumber 803158844878 Ownership Interest Fee Simple Property Sub Type Special Purpose Sale Type Standard Sewer Private Sewer Tax Annual Amount 157443.00 Vacation Rental YN No Water Source CommunityHolding TankPrivate/Community Water Zoning VARIES - SEE AGENT Zoning Description Multiple building and land - See Agent for more information.

Listing courtesy of Cottonwood Commercial, LLC.: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or City Smart Living | Keller Williams Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-03T23:50:33.863.
 
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