40 S Alley New Market, MD ^$ 750,000

40 S Alley

^$ 750,000

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Recently Listed

40 S Alley

New Market, MD, 21774

^$ 750,000

Studio Baths0.0

Monthly Estimate*

^$ 4,736

40 S Alley, New Market, MD 21774 - Image 1

Studio

Lots and Land for sale in New Market, MD

for $750,000. The lot size is 2.18.

Presenting a prime investment opportunity in the sought-after New Market area. With its MRS zoning, this property offers versatile development potential, ideal for multifamily investors and land developers alike. Situated in the vibrant New Market area, this property benefits from a dynamic local market and convenient access to amenities. Whether seeking to expand a multifamily portfolio or capitalize on land development possibilities, this property holds promise for astute investors looking to make a strategic move in this thriving market.

Lots and Land Active

Price

^$ 750,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 7,768

Style

Commercial

Lot Size

2.18

Town/City

New Market

County/Region

Frederick

MLS | Web ID

MDFR2087112

Features

General

Sewer Public Sewer

Possession Settlement

Zoning MRS

School District FREDERICK COUNTY PUBLIC SCHOOLS

Property Subtype Land

Tax Year 2025

Current Use Commercial

Ownership Fee Simple

Municipality New Market

County FREDERICK

Property Type Land

HOA N

Water Access Y/N N

Status ACTIVE

Directions Located off Rt. 144 Old National Pike between 3rd and 4th Alley

City NEW MARKET

Lot Size Units Square Feet

Lot Size Square Feet 94960.80

Tax Annual Amount 7768.0

Clean Green Assessed Y/N N

Price Per Sq Ft Total AG 7.9

Additional Parcels Y/N Y

Vacation Rental Y/N N

Standard Status Active

Exterior

Water Source Public

Water View Y/N N

Lot Size Acres 2.18

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 40

* Excluded Features

List By

Vcre.Co

Broker

justin@veritarealestate.com

Affordability Calculator

$5,383

Per Month

Monthly Principal & Interest: $4,736
Monthly Property Taxes: $647
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in New Market, MD

Average List Price ^$425,000

Percent of Sale Price 43%

About New Market, MD

1,371 Population

88% Since 2002

^$111,320 Median Income

37.56 Median Age

51% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3533201 Elementary School

3533240 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/12/2026	$750,000		Listed Price

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40 S Alley, New Market, MD, 21774 is a Lots and Land for sale at $750,000 with a lot size of 2.18. 40 S Alley is a studio with 0.0 baths. The property's zip code is 21774 which is in New Market, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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40 S Alley

Lots and Land for sale in New Market, MD

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