BEDS4
BATHS2 full
SQUARE FEET3,972
MLS#MDWC2021820
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SCHOOLWICOMICO COUNTY PUBLIC SCHOOLS
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.
Property Features
Property Type: Residential - Single Family
Cooling: Central A/C
Fuel Type: Oil, Pellets
Heating: Baseboard - Hot Water, Pellet Stove
Home Style: Ranch/Rambler, Other
Lot Size: 1.38 Acres
Stories: 1.0
Taxes: $2,019
Year Built: 1973
Feature Descriptions
Additional Structures: Above Grade
Appliances: Oven/Range - Gas
Building Name: NONE AVAILABLE
Days on Site: 9
Exterior: Outbuilding(s)
Exterior: Block, Metal Siding, Mixed, Stick Built
Interior: 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
Location: Corner Lot/Unit
Lot: Additional Lot(s), Adjoins - Public Land, Backs - Parkland, Level
Lot Dimensions: 1.38 Acre(S)
Parking Features: Private
Sewer: Shared Septic
SQFT Above Finished: 3972
SQFT Total Finished: 3972
Structure Type: Detached
Utilities: Cable TV, Phone Available
Water: Well-Shared
Local Schools
School District: WICOMICO COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Whitehead Real Estate Exec.
Agency Phone: 4107494663
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 583.59 per month $367.22 Principal & Interest $168.25 Property Tax $48.13 Homeowner's InsuranceChange Payment Information
2404 & 2402 Paleo Lane | MLS# MDWC2021820
This single family home located at 2404 & 2402 Paleo Lane, Salisbury, MD 21801 is currently listed for sale with an asking price of $165,000. This property was built in 1973 and has 4 bedrooms and 2 full baths with 3972 sq. ft. & 2402 Paleo Lane is located within the WICOMICO COUNTY PUBLIC SCHOOLS school district. Search Salisbury real estate on www.realtymark.net today.