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About This Home

This 0-bedroom, 0-bathroom other at 2404 & 2402 PALEO Lane in SALISBURY, MD is listed for $165,000. Built in 1973, on a 1.38 acres lot.

Agent 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 modular 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 currently 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.

Key Features

  • Built in 1973
  • 1.38 acre lot

Property Details

1973

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

2404 & 2402 PALEO Lane

SALISBURY, MD 21801

Property Details

Construction

Aluminum Siding Block Combination Modular/Manufactured Stick Built

Questions & Answers

This 0-bedroom, 0-bathroom other at 2404 & 2402 PALEO Lane is listed at $165,000. The estimated monthly payment is $715 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 1.38 acre lot.

This property is listed by Colby B Phippin and can be reached at 4432356735 or cphippin@whiteheadre.com.

CP

Colby B Phippin

Agent at Whitehead Real Estate Exec.

(443) 235-6735

Listed by Whitehead Real Estate Exec.

MLS# MDWC2021496· Source: listhub· Updated 6 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2404 & 2402 PALEO Lane, SALISBURY, MD 21801

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