Tranzon and the Trustee are authorized to sell the Property to the highest bidder without reserve and without further order from the Court.
Currently zoned A-2 with excellent development potential, subject to county approval. +/-678’ of frontage on the northwest side of US 360 (+/-7 acres) plus additional +/-234’ of frontage on the southeast side of US 360 (up to 5 acres) with intriguing commercial possibilities. Plus hundreds of additional feet of frontage on Gordons Mill Road (+/-14-17 acres) which could be conducive to future residential or commercial development.
The single tax parcel is divided by 360 and Gordons Mill into three distinct portions which may facilitate subdivision.
The US 360 frontage portions fall in the Highway Corridor Enhancement District while the east side of Gordons Mill Road falls in the Deferred Development Service District of Essex County’s Comprehensive Plan.
Parcel ID#: 36-103
2025 Tax Assessment: $415,500
2025 Annual Taxes: $2,282.50
United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division
Case No. 21-30347 (KLP)
Peter J. Barrett, Trustee
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.
VAAF423
Directions:
The land is located on both sides of US 360/Richmond Hwy between 2159 Richmond Hwy (to the south) and 1908 Richmond Hwy (to the north). Use either address for GPS purposes.