$4,900,000
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133 Hedrick Drive Sugar Grove, WV 26815
Other
Residence
Beds
Baths
...
Bed/Bath
445,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 W...est 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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MLS#
WVPT2000694
Property Type
Other
Year Built
1950
Square Feet
445,000
sq. ft
Price per Sq. Ft.
$11.01
Lot Size
122.85
Sewer
Private Sewer System
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