2404 & 2402 Paleo Lane Salisbury, MD $ 165,000
2404 & 2402 Paleo Lane
$ 165,000
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2404 & 2402 Paleo Lane

Salisbury, MD, 21801
$ 165,000
Bedrooms-- Baths-- Sq 3,972

Monthly Estimate*

$ 1,016

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

Commercial Property for sale in Salisbury, MD

for $165,000. This 3,972 square foot building was built in 1973 on a lot size of 1.38.

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.

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Commercial Coming Soon

Price

$ 165,000

Property Type

Commercial

Taxes

$ 2,019

Style

Lot Size

1.38

Year Built

1973

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2021496

Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Shared Septic
Heating None
Cooling None
Possession Settlement
Zoning I2 HEAVY INDUSTRIAL
Construction Materials Aluminum Siding Block Combination Modular/Manufactured Stick Built
Year Built 1973
Property Subtype Industrial
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Business Type Other
Accessibility None
County WICOMICO
New Construction N
Property Type Commercial Sale
Possible Use Industrial
Water Access Y/N N
Status COMING SOON
Directions Lots are on the corner of W Naylor Mill Rd. & Paleo Ln. Directly across from Pep Up
City SALISBURY
Disclosures None
Number Of Units Total 2
MLS Area Wicomico Northwest (23-01)
Lot Size Units Square Feet
Lot Size Square Feet 60113.00
Tax Annual Amount 2019.59
Property Condition Major Rehab Needed
Price Per Sq Ft Total AG 41.54
Acceptable Financing Cash Bank Portfolio FHA 203(k) Private
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Estimated
Association Recreation Fee N
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Exterior
Lot Features Additional Lot(s) Backs - Parkland
Water Source Well-Shared
Inclusions All remaining contents of buildings and property.
Type of Parking None
Foundation Details Block
Water View Y/N N
Building Area Total 3972.00
Lot Size Acres 1.38
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2404
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* Excluded Features
List By
Whitehead Real Estate Exec.

Broker

cphippin@whiteheadre.com

Email

Affordability Calculator

$1,184
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,016
Monthly Property Taxes
$168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$165,000 Listed Price

Map


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2404 & 2402 Paleo Lane, Salisbury, MD, 21801 is a Commercial Property for sale at $165,000 with 3,972 sqft and a lot size of 1.38. 2404 & 2402 Paleo Lane was built in 1973. The property's zip code is 21801 which is in Salisbury, MD