133 HEDRICK DRIVE , Sugar Grove, WV 26815

  • $4,900,000
133 HEDRICK DRIVE , Sugar Grove, WV 26815
Active Good
133 HEDRICK DRIVE , Sugar Grove, WV 26815
133 HEDRICK DRIVE , Sugar Grove, WV 26815
  • $4,900,000

Overview

Property ID: WVPT2000694
  • Commercial Sale
  • Property Type
  • 445000
  • 122.85
  • Lot Acres
  • 1950
  • Year Built

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!

  • Address 133 HEDRICK DRIVE
  • State/county WV
  • Zip/Postal Code 26815
  • Country US

Details

Updated on November 6, 2024 at 6:29 pm
  • Property ID: WVPT2000694
  • Price: $4,900,000
  • Property Size: 445000
  • Land Area: 122.85 Acres
  • Garage Size: x x
  • Year Built: 1950
  • Property Type: Commercial Sale
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings
Homes Trade Hub
  • Homes Trade Hub

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

Compare listings

Compare
Homes Trade Hub
  • Homes Trade Hub