2592 Mulch Landing Rd
Virginia Beach, VA 23453
Foreclosure: 2 Office/Whse Bldgs on +/-65 ac · Industrial Property For Sale

Foreclosure Auction - 2 Office/Warehouse Bldgs on +/-65 ac Zoned I-2, Virginia Beach, VA The 64.925 acre property is well-located to serve the multitude of manufacturers and other businesses on London Bridge Road and around Oceana Jet Base. It is also only 4 miles from I-264 to facilitate distribution. Located at the intersection of Taylor Farm Rd and Mulch Landing Rd in the Oceana South Industrial Park, Virginia Beach, VA, the zoning is I-2 Heavy Industrial District. Two freestanding steel frame office/warehouse buildings with brick veneer and metal butler panel exterior, totaling 18,320 SF, are currently on the site. It also contains 38 parking spaces and 61.426+/- acres of excess land currently operated as a mulch facility. The excess land is secured and gated. There are 300+/- linear feet of wood fencing separating the storage yard areas behind 2592 Mulch Landing Rd. 2593 Mulch Landing Road, built in 2004, has 3120 sq ft of office space with 6000 sq ft of warehouse and 4 - 12'x14' drive-in doors. The interior of this building was observed in 2016. The office space was described as having drop ceilings with recessed lighting, painted drywall and marble wall finishes, carpet/marble/tile flooring and insulated windows. The warehouse area was also observed in 2016 as having slab flooring, insulated metal walls, fluorescent/halogen lighting, exposed insulated ceilings with steel supports and wood/metal doors. 2592 Mulch Landing Road, built in 2008, has 3200 sq ft of office space with 6000 sq ft of warehouse and 3 - 12'x14' drive-in doors. Only the interior of Units 101 and 102 of this building were observed in 2016. It was noted that the finished space did not have any marble upgrades but rather had drop ceilings with recessed lighting, painted gypsum board walls, and carpet/tile flooring. While there is a recorded aviation easement granted to the Federal Government, it does not appear to restrict typical building heights which one would find in this area of under 88'. Real estate taxes will be prorated as of the date of auction per Substitute Trustee. The auction will take place on November 15, 12:00pm at Virginia Beach Courthouse Municipal Center, Building 10, 2425 Nimmo Parkway, Virginia Beach, VA 23456. Please see Auction FX1914 on our website for more information. Tranzon Fox, VAAF423