Date
Details
Price
Change
Source
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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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
- Price: $165,000
- Taxes: $2,019 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWC2021820
- Updated: 4/28/2026
- Added to Site: 4 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
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
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 2404 & 2402 Paleo Ln —
Colby B Phippin
Whitehead Real Estate Exec.
Listing Office Email: whiteheadre@comcast.net
NMLS#: 1598647Get Pre-Approved Today
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
Estimate the Cost
Estimate the Cost for 2404 & 2402 Paleo Ln
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2404 & 2402 Paleo Lane, Salisbury, MD 21801 (MLS# MDWC2021820) is a Single Family property with 4 bedrooms and 2 full bathrooms. 2404 & 2402 Paleo Lane is currently listed for $165,000 and was received on April 27, 2026. Want to learn more about 2404 & 2402 Paleo Lane? Do you have questions about finding other Single Family real estate for sale in Salisbury? You can browse all Salisbury real estate or contact a Coldwell Banker agent to request more information.