2404 & 2402 PALEO LN, Salisbury, MD 21801
Listed by Mr. Colby B Phippin • Whitehead Real Estate Exec.
Bought with Robert Payne • RE/MAX Advantage Realty

$160,000

Est. payment /mo

$165,000

3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2404 & 2402 PALEO LN Salisbury, MD 21801

4 Beds

2 Baths

3,972 SqFt

SOLD DATE : 06/12/2026

Key Details

Sold Price $160,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,972 sqft

Price per Sqft $40

Subdivision None Available

MLS Listing ID MDWC2021820

Sold Date 06/12/26

Style Ranch/Rambler,Other

Bedrooms 4

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 3,972

Year Built 1973

Annual Tax Amount $2,019

Tax Year 2025

Lot Size 1.380 Acres

Acres 1.38

Property Sub-Type Detached

Source 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

Equipment Oven/Range - Gas

Furnishings No

Appliance Oven/Range - Gas

Heat Source Oil, Pellets

Laundry Has Laundry

Exterior

Utilities Available Cable TV, Phone Available

Water Access N

Accessibility None

Garage N

Building

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

Story 1

Foundation Block

Above Ground Finished SqFt 3972

Sewer Shared Septic

Water Well-Shared

Architectural Style Ranch/Rambler, Other

Level or Stories 1

Additional Building Above Grade

New Construction N

Schools

School District Wicomico County Public Schools

Others

Senior Community No

Tax ID 2309028781

Ownership Fee Simple

SqFt Source 3972

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

Listing Terms Cash, Bank Portfolio, FHA 203(k), Private

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

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Barbara Young
Barbara Young

Agent

+1(215) 713-8705 | young.barbara18@gmail.com

GET MORE INFORMATION

Name
Phone*
Message