2404 & 2402 Paleo Lane, Salisbury, MD 21801 - Photo 1

1/1

$160,000

Sold
Closed
Single Family
4 Beds
2 Full Baths
3,972 Sq. Ft.

1/1

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.

Full Property Details

Full Property Details for 2404 & 2402 Paleo Ln

General

Sold For: $160,000
Taxes: $2,019 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSMidAtlantic
MLS ID: MDWC2021820
Added to Site: 70 day(s) ago

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
Appliances: Oven/Range - Gas

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 2
Main - Full Baths: 2

Bedrooms

Total Bedrooms: 4
Bedrooms Main & Up: 4

Other Rooms

Laundry: Has Laundry

Exterior

Exterior Features: Outbuilding(s)

Parking

Parking Features: Private
Parking Type: Driveway

Location

Area: Wicomico Northwest (23-01)
County: WICOMICO
Cross Streets: W Naylor Mill Rd
Driving Directions: Directly across from Pep Up gas on W Naylor Mill Rd. Properties are the first two parcels on the left on the corner of Paleo Ln & W Naylor Mill Rd.
Location Details: Corner Lot/Unit

School Information

School District: Wicomico County Public Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Baseboard - Hot Water, Pellet Stove
Heating Fuel: Oil, Pellets
Water Heater: Electric

Utilities

Sewer: Shared Septic
Water: Well-Shared
Utility Description: Cable TV, Phone Available

Structural Information

Architectural Style: Ranch/Rambler, Other
Structure Type: Detached
Construction: Block, Metal Siding, Mixed, Stick Built
Foundation: Block
Doors: Storm
Stories Description: Main
Square Feet: 3,972
Sq. Ft. Source: Estimated
Living Area: 3,972 Sq. Ft.
Finished Above Grnd: 3,972 Sq. Ft.
Year Built: 1973
Year Built Source: Estimated
Property Condition: Major Rehab Needed

Additional Structures

Other Structures: Shed

Lot Features

Lot Size (Acres): 1.38
Lot Size (Sq. Ft.): 60,113
Lot Size Source: Estimated
Zoning: I-2 HEAVY INDUSTRIAL
Lot Description: Additional Lot(s), Adjoins - Public Land, Backs - Parkland, Level

Financial Considerations

Price Per Sq. Ft.: $41.54
Assessment Year: 2025
County Tax: $1,774
County Tax Freq: Annually
Tax w/Assessment: $219,067
Tax Amount: $2,019
Tax Year: 2025
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Multiple Parcels: Yes
Exclusions: Trailer behind house, log splitter, small trailer towards Naylor Mill Rd, truck towards Naylor Mill Rd, and the large shed towards Naylor Mill Rd
Inclusions: All remaining contents of buildings/ property

Listed by Whitehead Real Estate Exec., Colby B Phippin
Sold by RE/MAX Advantage Realty, Robert Payne

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Listing agent

— 2404 & 2402 Paleo Ln —

Colby B Phippin

Whitehead Real Estate Exec.

Listing Office Email: whiteheadre@comcast.net

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Schools

Schools serving 2404 & 2402 Paleo Ln

School District:Wicomico County Public Schools

Name	Grades	Distance
West Salisbury Elementary School 1321 West Road, Salisbury, MD 21801	PK-2	1.8 mi
North Salisbury Elementary School 1213 Emerson Avenue, Salisbury, MD 21801	3-5	2.1 mi
Salisbury Middle School 607 Morris Street, Salisbury, MD 21801	6-8	2 mi
Wicomico High School 201 Long Avenue, Salisbury, MD 21804	9-12	3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2404 & 2402 Paleo Ln

Date

Details

Price

Change

Source

6/12/2026

Sold

$160,000

-3.03%

MLS

4/27/2026

Listed

$165,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2404 & 2402 Paleo Ln, Salisbury, MD 21801 - Photo 1

Sold

$160,000