2404 & 2402 PALEO LN, Salisbury, MD 21801
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$ 165,000
Est. payment | /mo

1.38 Acres Lot


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$ 165,000
Est. payment | /mo
Save

1.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Lot Size 1.380 Acres

MLS Listing ID MDWC2021496

Financing Cash,Bank Portfolio,FHA 203(k),Private

Total Units 2

Short Sale No

Originating MLS BRIGHT

Available Date 2026-04-30

Property Description

Unique investment and redevelopment opportunity on a 1.38± acre corner lot zoned I-2 Heavy Industrial, located at the corner of W Naylor Mill Rd & Paleo Ln, directly adjacent to Northwood Industrial Park and the Henry S. Parker Athletic Complex.

The offering includes two parcels (2402 & 2404 Paleo) currently utilized as residential properties but situated in a highly desirable industrial corridor. While the properties are presently within Wicomico County limits, they are immediately adjacent to the City of Salisbury boundary, with city water and sewer lines running directly in front of the property, presenting potential future utility and annexation considerations.

Existing improvements include two primary structures:
• A ranch-style modular home
• A former church facility that has been converted to residential use, which crosses the center lot line of both parcels
• Multiple accessory sheds

Both main structures require significant renovations. The property is currently served by a shared well and septic system between the two parcels.

Property is being sold strictly AS-IS, with no repairs or improvements to be made by the seller. Buyers are encouraged to conduct their own due diligence. All questions regarding zoning, permitted uses, annexation, and access to public water and sewer should be directed to the appropriate government authorities.

Ideal for investors, developers, or owner-users seeking industrial-zoned land in a strategic Salisbury-area location with strong surrounding infrastructure and future potential. Enterprise benefits available.

Location

State MD

County Wicomico

Area Wicomico Northwest (23-01)

Zoning I2 HEAVY INDUSTRIAL

Interior

Hot Water None

Heating None

Cooling None

Inclusions All remaining contents of buildings and property.

Heat Source None

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Building

Lot Description Additional Lot(s), Backs - Parkland

New Construction N

Foundation Block

Sewer Shared Septic

Water Well-Shared

Schools

School District Wicomico County Public Schools

Others

Tax Amount $2,019

Tax Year 2025

Tax ID 2309028781

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, FHA 203(k), Private

Special Sale Standard

Bright MLS (BMLS)
Listed by Mr. Colby B Phippin • Whitehead Real Estate Exec.

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2404 & 2402 PALEO LN