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About the Listing WHRE565 - 3256146
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.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Residential
MLS ®
MDWC2021820
Year Built
1973
Total Square Footage
3,972
Lot/Acreage
1.38
County
Wicomico
Building Name
NONE AVAILABLE
Neighborhood
None Available
School District
Wicomico County Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Oven/Range - Gas
- Air Cond: Central A/C
- Heating: Baseboard - Hot Water,Pellet Stove
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3972
- Below Ground Sq Ft: n/a
- Basement:
- Other: 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,Main Floor Bedrooms: 4
- Water: Well-Shared
Exterior Details
- Lot Description: Additional Lot(s),Adjoins - Public Land,Backs - Parkland,Level,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: I-2 HEAVY INDUSTRIAL
- Roof:
- Others: Outbuilding(s),Major Rehab Needed
- Sewer: Shared Septic
- Parking Features: Private,Driveway
Financial Details
- Tax Amount: $2,020
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2404 & 2402 Paleo Ln Salisbury, MD 21801
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