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

4 Beds

2 Baths

3,972 SqFt


$ 165,000
Est. payment | /mo

4 Beds

2 Baths

3,972 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,972 sqft

Price per Sqft $41

Lot Size 1.380 Acres

MLS Listing ID MDWC2021820

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

Style Ranch/Rambler,Other

Subdivision None Available

Bedrooms 4

Full Baths 2

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

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 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 potentially 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 for commercial uses.

Location

State MD

County Wicomico

Area Wicomico Northwest (23-01)

Zoning I-2 HEAVY INDUSTRIAL

Rooms

Main Level Bedrooms 4

Interior

Interior Features Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Stove - Pellet

Hot Water Electric

Heating Baseboard - Hot Water, Pellet Stove

Cooling Central A/C

Inclusions All remaining contents of buildings/ property

Equipment Oven/Range - Gas

Furnishings No

Appliance Oven/Range - Gas

Heat Source Oil, Pellets

1-purchase type For Sale

Exterior

Utilities Available Cable TV, Phone Available

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Building

Lot Description Additional Lot(s), Adjoins - Public Land, Backs - Parkland, Level

New Construction N

Story 1

Foundation Block

Sewer Shared Septic

Water Well-Shared

Architectural Style Ranch/Rambler, Other

Story 1

Additional Building Above Grade

Schools

School District Wicomico County Public Schools

Others

Senior Community No

Tax Amount $2,019

Tax Year 2025

Tax ID 2309028781

Ownership Fee Simple

SqFt Source 3972

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.

Nearby Locations

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