Nicole Schreibstein Abbott
Northrop Realty
(240) 690-5770
82 Total Sales
8 in North Salisbury
$80K - $435K Price Range
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
(410) 749-4663 whiteheadre@comcast.net Whitehead Real Estate Exec. Brokerage Phone: 4107494663 License #672504 Listed on: 04/27/2026
Nicole Schreibstein Abbott
Northrop Realty
(240) 690-5770
82 Total Sales
8 in North Salisbury
$80K - $435K Price Range
Matthew Wyble
Next Step Realty
(443) 775-2465
335 Total Sales
1 in North Salisbury
$140,000 Price
Carol Tinnin
RE/MAX Leading Edge
(667) 201-6958
181 Total Sales
1 in North Salisbury
$415,000 Price
Penny Hollis
Samson Properties
(667) 243-8212
87 Total Sales
1 in North Salisbury
$335,000 Price
Russell Carter
Keller Williams Capital Properties
(202) 856-9138
180 Total Sales
1 in North Salisbury
$195,000 Price
Marcus Rush
Compass
(302) 240-4561
199 Total Sales
1 in North Salisbury
$212,000 Price
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 |
Seller's Agent in 2026
Colby Phippin
Whitehead Real Estate Exec.
(443) 235-6735
19 in this area
81 Total Sales
Buyer's Agent in 2026
Robert Payne
RE/MAX Advantage Realty
(443) 783-0821
22 in this area
195 Total Sales
Source: Bright MLS
MLS Number: MDWC2021820
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