133 Hedrick Dr - Sugar Grove Station
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133 Hedrick Dr - Sugar Grove Station
445,135 SF Specialty Building Offered at $4,900,000 in Sugar Grove, WV 26815
Investment Highlights
- Sale price: $4.9 M
- 122.85 Acres
- 2025 Real Estate Tax assessment from $11.5M to $8.2M =$90,000 savings annually
- 445,135 sf +/-; 117 Building (89 dwellings or homes)
- Majority of all furniture, fixtures and equipment convey
- Currently unzoned: Zoning questions Email info@pendletoncountywv.gov
Executive Summary
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!
Property Facts
| Price | $4,900,000 | Lot Size | 122.30 AC |
| Price Per SF | $11 | Building Size | 445,135 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Year Built/Renovated | 1950/2013 | |
| Building Class | B |
| Price | $4,900,000 |
| Price Per SF | $11 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Building Class | B |
| Lot Size | 122.30 AC |
| Building Size | 445,135 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2013 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,740,720 | |
| Land Assessment | $1,216,520 | Total Assessment | $11,957,240 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,216,520
Improvements Assessment
$10,740,720
Total Assessment
$11,957,240
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133 Hedrick Dr - Sugar Grove Station
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