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540-940-7772
Ascendancy Homes
2404 & 2402 Paleo Ln, Salisbury, MD 21801
- $160,000
- 4
- BD
- 2
- BA
- 3,972
- SqFt
- Sold Price
- $160,000
- List Price
- $165,000
- Closing Date
- Jun 12, 2026
- Status
- CLOSED
- MLS#
- MDWC2021820
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 3,972
- Lot Size (Acres)
- 1.38
- Style
- Ranch, Other
- Year Built
- 1973
- County
- Wicomico
- School District
- Wicomico 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.
Additional Information
- Area
- Wicomico Northwest (23-01)
- Subdivision
- None Available
- Building Name
- None Available
- Interior Features
- Attic, Shower Stall, Tub Shower, Some Carpeting, Ceiling Fans, Separate Dining Room, Entry Level Bedroom, Family Room Off Kitchen, Traditional Floorplan, Formal Dining, Pellet Stove
- School District
- Wicomico County Public Schools
- Exterior Features
- Outbuildings
- Heating
- Baseboard, Pellet Stove
- Cooling
- Central Air
- Utilities
- Cable Available, Phone Available
- Water
- Shared Well
- Sewer
- Shared Septic
Mortgage Calculator
Listing courtesy of Whitehead Real Estate Exec.. Contact:
Selling Office: RE/MAX Advantage Realty.