2404 & 2402 Paleo Lane • Salisbury, MD 21801

$165,000 Beds: 4 • Baths: 2 full • Sq. Feet: 3972 • MLS ID: MDWC2021820 • Subdivision:School Dist: WICOMICO COUNTY PUBLIC SCHOOLS
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. View this listing at: http://gundackergroup.com/mls=MDWC2021820

Property Features

  • Taxes: $2,019
  • Exterior: Block,Metal Siding,Mixed,Stick Built
  • Lot Size: 1.38 Acres
  • Lot Dimensions: 1.38 Acre(S)
  • Heating: Baseboard - Hot Water,Pellet Stove
  • Fuel Type: Oil,Pellets
  • Cooling: Central A/C
  • Year Built: 1973
  • Water: Well-Shared
  • Sewer: Shared Septic
  • Stories: 1.0
  • Building Name: NONE AVAILABLE
  • Additional Structures: Above Grade
  • Location Description: Corner Lot/Unit
  • Lot Description: Additional Lot(s), Adjoins - Public Land, Backs - Parkland, Level
  • Structure Type: Detached
  • Parking Features: Private
  • Appliances: Oven/Range - Gas
  • SQFT Total Finished: 3972
  • SQFT Above Finished: 3972
  • Exterior: Outbuilding(s)
  • Interior: 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
  • Utilities: Cable TV,Phone Available

School Information

  • School District: WICOMICO COUNTY PUBLIC SCHOOLS
Printed April 28, 2026


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