Ranch/Rambler, Other
2404 & 2402 PALEO LANE
SALISBURY , MD 21801
MLS#: MDWC2021492
$165,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
3,972
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
3972.0
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Metal Siding
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot, Level
-
Lot Size(acres)
1.38
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch/Rambler, Other
Price
-
Sales Price
$165,000
-
Tax Amount
2019.59
-
Sq. Footage
3, 972
-
Price/SqFt
$41
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Senior Community YN
NO
-
Sewer
Shared Septic
-
Water Source
Shared Well
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Location
County
WICOMICO
Elementary School
Middle School
High School
Listing Courtesy of Colby B Phippin , Whitehead Real Estate Exec.
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AGENT
Paige Hammarlund
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