Unique investment and redevelopment opportunity on a 1.38b1; 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… Read More 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. Read Less
Courtesy of Colby B Phippin, Whitehead Real Estate Exec. 410-749-4663
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residential
Beds
4
Full Baths
2
Square Ft.
3,972
Lot Size
1.38 Acres
Year Built
1973
MLS Number
MDWC2021820
Additional Details
Appliances & Equipment
Oven/Range - Gas, Other equipment: None
Building
Built in 1973, Living area: 3972, Levels: 1, Construction Materials: Block, Metal Siding, Mixed, Stick Built
Cooling
Central A/C
Doors
Storm
Accessibility Features
None
Exterior Features
Outbuilding(s)
Foundation
Block
Heating
Baseboard - Hot Water, Pellet Stove
Interior Features
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
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