UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2021496
Year Built 1973
Available Date 2026-04-30
Annual Tax Amount $2,019
Tax Year 2025
Lot Size 1.380 Acres
Acres 1.38
Property Sub-Type Industrial
Source BRIGHT
Property Description
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.
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Zoning I2 HEAVY INDUSTRIAL
Interior
Hot Water None
Heating None
Cooling None
Inclusions All remaining contents of buildings and property.
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Additional Lot(s), Backs - Parkland
Foundation Block
Sewer Shared Septic
Water Well-Shared
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2309028781
Ownership Fee Simple
Acceptable Financing Cash, Bank Portfolio, FHA 203(k), Private
Listing Terms Cash, Bank Portfolio, FHA 203(k), Private
Financing Cash,Bank Portfolio,FHA 203(k),Private
Special Listing Condition Standard
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Nearby School & Business
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