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
Bedrooms4 Baths2.0 Sq 3,972

Monthly Estimate*

$ 1,016

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Single Family Home for sale in Salisbury, MD

for $165,000 with 4 bedrooms and 2 full baths. This 3,972 square foot home 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 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.

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Single Family Active

Price

$ 165,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,019

Style

Ranch/Rambler

Lot Size

1.38

Year Built

1973

Town/City

Salisbury

County/Region

Wicomico

MLS | Web ID

MDWC2021820

Features
General
Living Area 3972
Sewer Shared Septic
Heating Baseboard - Hot Water Pellet Stove
Cooling Central A/C
Utilities Cable TV Phone Available
Possession Settlement
Appliances Oven/Range - Gas
Zoning I-2 HEAVY INDUSTRIAL
Architectural Style Ranch/Rambler Other
Construction Materials Block Metal Siding Mixed Stick Built
School District WICOMICO COUNTY PUBLIC SCHOOLS
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
Year Built 1973
Levels 1
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
Additional Parcels Description Sale includes 2 parcels tax ID #’s: 09-028781 & 09-035842 for a total of 60 000 square feet of property.
County WICOMICO
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 0
Full Baths 2
Status ACTIVE
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.
City SALISBURY
Disclosures Encumbrances Exempt - Disclosure/Disclaimer Lead Based Paint - Federal
Senior Community Y/N N
MLS Area Wicomico Northwest (23-01)
Lot Size Units Square Feet
Lot Size Square Feet 60113.00
Tax Annual Amount 2019.59
Home Warranty Y/N N
Property Condition Major Rehab Needed
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 41.54
Acceptable Financing Cash Bank Portfolio FHA 203(k) Private
Additional Parcels Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/Gno6SoAS98Y?si=bchUFmMESlpI5Olj
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
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Interior
Interior Amenities 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
Heating Fuel Oil Pellets
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 3972
Half Baths 0
Central Air Y/N Y
Total Bedrooms 4
Main Level Bedrooms 4
Laundry Type Has Laundry
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Exterior Amenities Outbuilding(s)
Pool No Pool
Parking Features Private
Lot Features Additional Lot(s) Adjoins - Public Land Backs - Parkland Level
Water Source Well-Shared
Inclusions All remaining contents of buildings/ property
Type of Parking Driveway
Foundation Details Block
Water View Y/N N
Lot Size Acres 1.38
Lot Size Source Estimated
Waterfront Y/N N
Door Features Storm
Other Equipment None
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
3533357 Elementary School
3533504 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/27/2026$165,000 Listed Price

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2404 & 2402 Paleo Lane, Salisbury, MD, 21801 is a Single Family Home for sale at $165,000 with 3,972 sqft and a lot size of 1.38. 2404 & 2402 Paleo Lane has 4 bedrooms, 2.0 baths, and was built in 1973. The property's zip code is 21801 which is in Salisbury, MD