$160,000
SOLD JUN 12, 2026
4 Beds
2 Baths
3,972 Sq Ft
1.38 Acre Lot

Sale Details

Date Sold: June 12, 2026

$40 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • 1.38 Acre Lot
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Property is near park
  • Rambler Architecture
  • Attic

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Colby Phippin

(410) 749-4663 whiteheadre@comcast.net Whitehead Real Estate Exec. Brokerage Phone: 4107494663 License #672504 Listed on: 04/27/2026

Last Buyer's Agent

Robert Payne

(410) 871-2600 rob.payneteam@gmail.com RE/MAX Advantage Realty

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1973

Lot Details

  • 1.38 Acre Lot
  • Corner Lot
  • Level Lot
  • Additional Land
  • Sale includes 2 parcels, tax ID #’s: 09-028781 & 09-035842 for a total of 60,000 square feet of property.
  • Property is zoned I-2 HEAVY INDUSTRIAL

Home Design

  • Rambler Architecture
  • Fixer Upper
  • Block Foundation
  • Metal Siding
  • Stick Built Home

Interior Spaces

  • 3,972 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Formal Dining Room
  • Carpet
  • Storm Doors
  • Gas Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • Private Parking
  • Driveway

Outdoor Features

  • Shed
  • Outbuilding

Location

  • Property is near park

Utilities

  • Central Air
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Hot Water Baseboard Heater
  • Shared Well
  • Electric Water Heater
  • Shared Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 2309028781

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1973

Lot Details

1.38 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • 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
  • Inclusions: All remaining contents of buildings/ property
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas
  • 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
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 3972
  • Living Area Sq Ft: 3972
  • Price Per Sq Ft: 41.54
  • Above Grade Finished Sq Ft: 3972
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Block, Metal Siding, Mixed, Stick Built
  • Exterior Features: Outbuilding(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil, Pellets
  • Heating Type: Baseboard - Hot Water, Pellet Stove
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Shared Septic
  • Utilities: Cable Tv, Phone Available
  • Water Source: Well-Shared
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sale includes 2 parcels, tax ID #’s: 09-028781 & 09-035842 for a total of 60,000 square feet of property.
  • Lot Features: Additional Lot(s), Adjoins - Public Land, Backs - Parkland, Level
  • Lot Size Acres: 1.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 60113.00
  • Property Condition: Major Rehab Needed
  • Zoning: I-2 HEAVY INDUSTRIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2019.59
  • Assessor Parcel Number: 2309028781
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 Sold $160,000 -3.0% $40 / Sq Ft
04/27/2026 04/27/26 For Sale $165,000 -- $42 / Sq Ft
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: MDWC2021820

Bright MLS
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