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    Markoe Rd Monkton, MD 21111

    For Sale
    $1,400,000

    Land, Other - Monkton, MD

    Lot size:
    14.06 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for Markoe Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    14.06 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Monty Boland 301881NEXT License #645728,PersonLicenseNumber

    Listing date Sep 29, 2025

    MLS# MDBC2136896 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monkton Farmland Opportunity

    This 14.06-acre farmland property is located across the road from Inverness Brewery and around the corner from The Manor Tavern in Monkton, MD. Situated on Markoe Road, the property is within walking or driving distance of local attractions, including Gunpowder Falls State Park and Manor Mill. The property is currently under a seasonal farming lease for the 2025 farming season, but a new buyer could continue to farm this agricultural land. The current farming operation has successfully rotated Sweet Corn and Wheat over the years. A 1995 Approved Perc Test Letter may be used for a septic system. The driveway to the left of the farm is a shared easement. The property taxes are $36 a year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Monkton
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.57713318
    Latitude
    39.56689072

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    FAQs

    What type of property is this?
    Farm - 14.06 acres of farmland near local attractions.
    Where is this farm located?
    The property is located at Markoe Rd Monkton, MD.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Approved perc test allows for potential septic system installation and building.; - Large 14.06-acre farmland in a desirable Monkton location on Markoe Road.; - Close proximity to local attractions like Inverness Brewery, The Manor Tavern, Gunpowder Falls State Park, and Manor Mill.
    301881
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Markoe Rd Monkton, MD 21111
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