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    2792 EGYPT Audubon, PA 19403

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    For Lease
    $3,000 /Mo

    CommercialLease - AUDUBON, PA

    Type:Retail
    Property size:
    3,000 SF
    Lot size:
    0.48 Acres
    Added:
    Mar 14, 2025
    Days on Market:
    404
    Last Refresh:
    Apr 21 at 10:06 pm

    Property Features for 2792 EGYPT

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    24
    Parking features
    Special Needs, Parking Lot
    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.48 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Stucco

    We can help!

    Listing Contact
    Michael S Choplin
    Michael S Choplin

    Listing agent Michael S Choplin License #RS281080

    Listing office RE/MAX Services 587 Skippack Pike unit: 100, Blue Bell, PA

    Listing date Mar 14, 2025

    MLS# PAMC2132616

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stand Alone Office Building

    This stand alone office building in Lower Providence Township is suitable for medical, dental, or professional use. The property includes a 24-car private parking lot and 3,000 sq. ft. of office space. The office space features a waiting room, reception desk, staff work area, multiple exam rooms/offices, a break room/kitchen, private and public bathrooms, storage areas, and a basement. An additional 1,300 sq. ft. of contiguous office space can be included or separated. The space will be updated with new carpet and paint, depending on the tenant's use. A medical practice has been at this location since 1977, making it suitable to continue a similar practice serving clients in Audubon, Oaks, Norristown, Collegeville, King of Prussia, and surrounding areas. The property benefits from high visibility with a traffic count of 15,000-20,000 on Egypt Rd. Located in the Methacton School district, it is close to major roads including RT 422, RT 363, PA Turnpike, and the Schuylkill expressway. The rent includes water, sewer, trash, common area maintenance, snow removal, and lawn maintenance. The tenant is responsible for gas and electric. The property sits on a 0.478-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life Healing Life Coach Patel Natu MD Pediatrician Visiting Angels Senior ... Aged Care Merlyn Ancilla Johnson Pediatrician Holly Weeks Pediatrician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Metropolitan Veterinary Associates — 2626 Van Buren Ave, Norristown, PA 19403
    • Metro vet — 2626 Van Buren Ave, Norristown, PA 19403
    • PetRad — 2626 Van Buren Ave, Norristown, PA 19403

    Location Insight

    • Map
    • Local Demand
    City
    Audubon
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.43069
    Latitude
    40.12806

    FAQs

    What type of property is this?
    Medical Office Space - Stand alone office building perfect for medical or professional use.
    Where is this medical office space located?
    The property is located at 2792 EGYPT Audubon, PA.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Ideal for medical, dental, or professional office use with existing infrastructure.; High‑traffic location on Egypt Rd (15,000‑20,000 vehicles daily) provides excellent exposure.; Includes a private 24‑car parking lot.
    (610) 291-3056
    We can help!
    Listing Contact
    Michael S Choplin
    Michael S Choplin
    Real Estate License ID: RS281080
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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