Salisbury Industrial Land Redevelopment
2404 & 2402 PALEO Ln, Salisbury, MD 21801
1.38 acre industrial-zoned corner lot near Salisbury, Maryland.
Type:Industrial
Lot size:
1.38 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 35
- Last Refresh:
- Apr 24 at 4:23 pm
Property Features for 2404 & 2402 PALEO Ln
General Information
- Standard status
- Active
- Lot size
- 1.38 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Listing agent Colby B Phippin License #672504 (443) 235-6735
Listing office Whitehead Real Estate Executives (443) 235-6735
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Whitehead Real Estate Executives
HighLights
- 1.38± acre corner lot zoned I‑2 Heavy Industrial in a desirable Salisbury‑area location.
- Directly adjacent to Northwood Industrial Park and the Henry S. Parker Athletic Complex.
- Potential for future utility connections (city water and sewer lines run in front of the property).
- Opportunity for redevelopment or investment in a strategic industrial corridor.
- Potential annexation considerations due to proximity to the City of Salisbury boundary.
- Enterprise benefits may be available.
Overview
This is a unique investment and redevelopment opportunity situated on a 1.38± acre corner lot. The property is zoned I-2 Heavy Industrial and 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. Existing improvements include a ranch-style modular home and a former church facility that has been converted to residential use, which crosses the center lot line of both parcels, as well as 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. The properties are presently within Wicomico County limits but 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. The property is being sold strictly AS-IS, with no repairs or improvements to be made by the seller. It is 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 are available. The location has a bike score of 42, walk score of 50, and transit score of 16.
Location Intelligence
Current Use by Public Records
Industrial land
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Wicomico
- State
- Maryland
- Longitude
- -75.588234
- Latitude
- 38.4088908
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial land - 1.38 acre industrial-zoned corner lot near Salisbury, Maryland.
Where is this industrial land located?
The property is located at 2404 & 2402 PALEO Ln Salisbury, MD.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1.38± acre corner lot zoned I‑2 Heavy Industrial in a desirable Salisbury‑area location.; Directly adjacent to Northwood Industrial Park and the Henry S. Parker Athletic Complex.; Potential for future utility connections (city water and sewer lines run in front of the property).
