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    Property profile & analytics
    OFF-MARKET Estimated value $935,000
    Specialty properties

    201 School House Dr, Hedgesville, WV 25427-5806

    0.91 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US94-0831112
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple, 5,121-square-foot medical office building in Hedgesville, West Virginia. Located at 201 School House Dr, 25427, this single-tenant property is 100% occupied by Veterinary Innovative Partners under an absolute triple-net (NNN) lease with a corporate guarantee. The current lease term commenced June 7, 2022, and has a remaining term of 7.6 years, expiring June 30, 2032, with a single 5-year option period featuring 2% annual rent bumps. The asking price is $970,588, representing a price per square foot of $189.53 and an attractive 8.50% cap rate based on a current Net Operating Income (NOI) of $82,500. The property sits on a 0.91-acre lot. This investment offers significant upside potential, given the strong performance of the veterinary services market, which is considered recession-resistant and demonstrates consistent growth fueled by increasing pet ownership and healthcare spending. The tenant's financial performance is exceptionally healthy. The absolute net lease structure ensures the tenant handles all property taxes, insurance, and maintenance, minimizing operational responsibilities for the owner. This presents a compelling opportunity for investors seeking a stable, high-yield asset in a growing sector.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Lot 0.91 ac (39,640 SF)
    APN 02-05- 1-0060.0001
    UPID US94-0831112
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ark Animal Clinic Veterinary Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.00M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $935k
    Owner & transaction history
    Ark Real Estate LLC · 4 yrs held
    Ark Real Estate LLC
    since 2022
    Last sale
    $900,000
    1 recorded transaction
    2022
    $900,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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