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    Property profile & analytics

    Old New Market Rd Monrovia, MD 21770

    • Commercial real estate
    • 2,096 SF
    • 134.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US40-1435934
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Old New Market Rd

    Year built
    1900
    Construction
    FRAME
    Lot size
    134.53 lot acres
    Property size
    2,096 SF
    Zone code
    A
    Property type
    Commercial real estate
    APN
    09-221778
    APU
    9221778

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Frederick
    State
    Maryland
    Longitude
    -77.2692
    Latitude
    39.394
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,049
    $0.00
    $0.00
    $445,267
    -
    $183,300
    $270,100
    $453,400

    Comparable in this City

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      3,242 SF

      11323 Fingerboard Rd

      FINANCIAL BUILDING • 3,242 SF
      11323 Fingerboard Rd, Monrovia, MD 21770-9013
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    • Value Estimation by Request
      21.33 Acres

      Fingerboard Rd

      VACANT COMMERCIAL LAND • 21.33 Acres
      Fingerboard Rd, Monrovia, MD 21770
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    • Value Estimation by Request
      22.53 Acres

      5214 Baldwin Rd

      VACANT COMMERCIAL LAND • 9 SF
      5214 Baldwin Rd, Monrovia, MD 21770
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    • Value Estimation by Request
      54,240 SF

      5221 Intercoastal Dr

      WAREHOUSE, STORAGE • 54,240 SF
      5221 Intercoastal Dr, Monrovia, MD 21770-9529
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    • Value Estimation by Request
      28.37 Acres

      Baldwin Rd

      VACANT COMMERCIAL LAND • 28.37 Acres
      Baldwin Rd, Monrovia, MD 21770
      View Details

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    Old New Market Rd
    Monrovia, MD 21770
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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
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