Stand Alone Office Building For
For Sale
$994,000
2792 Egypt Rd, Audubon, PA 19403
Stand alone office building suitable for medical, dental, or professional use.
Property Size3,000 SF
Lot Size0.48 Acres
Price / SF$331.33
Days on Market195
Property Features for 2792 Egypt Rd
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.48 Acres
Taxes and HOA fees
Annual Taxes
$11,235
Listing Agency:
RE/MAX Services
(610) 291-3056
Listed By:
Michael S Choplin · License #RS281080
(610) 291-3056
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 8 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Services
Investment Insights
Based on property information with market context.
This stand-alone office building in Lower Providence Township offers an excellent leasing opportunity for medical, dental, or professional use. The property includes a private parking lot with space for 24 cars. 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. The property offers 3,000 sq. ft. of office space, with an additional contiguous 1,300 sq. ft. available that can be included or separated to accommodate business needs. The space will be updated with new carpet and painting throughout, depending on the intended use. A medical practice has been at this location since 1977, making it a suitable opportunity to continue a similar practice. The location provides exposure with a traffic count of 15,000-20,000 on Egypt Rd. The property is located in the Methacton School district and is close to major roads including RT 422, RT 363, PA Turnpike & the Schuylkill expressway. Rent includes water, sewer, trash, common area maintenance, snow removal & lawn maintenance. The tenant is responsible for gas/electric only. Full renovation (paint & flooring) is available at $20.00 per sq ft.
Key Highlights
- Stand‑alone office building ideal for medical, dental, or professional use with a 24‑car private parking lot.
- Option for 3,000 sq. ft. or a larger 4,300 sq. ft. space (including contiguous 1,300 sq. ft.) with flexible layout options.
- High‑traffic location on Egypt Rd with 15,000‑20,000 vehicles per day, providing excellent exposure.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,165
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,300
$943.3K
Cap Rate 7%
$673,786
$673.8K
Cap Rate 9%
$524,056
$524.1K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$78.1K $26.04/SF
− Vacancy
−$15.2K −$5.08/SF
EGI
$62.9K $20.96/SF
− OpEx
−$15.7K −$5.24/SF
NOI
$47.2K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,300
Cap Rate 7%
$673,786
Cap Rate 9%
$524,056
Alternative Uses
Best Use
Office B
$673.8K
$589.6K – $786.1K
NOI $47,165 @ 7.0% cap · market cap 4.74%
Second Best
Healthcare Medical
$619.4K
$542.0K – $722.6K
NOI $43,357 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$1.73M
$1.51M – $2.01M
NOI $120,794 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19403, PA
43,734
Population
19,720
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
1,952
Density / Sq Mi
$101,996
Median Household Income
$59,809
Median Earnings
$1,640
Median Rent
$355,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Stand alone office building suitable for medical, dental, or professional use.
Where is this medical office space located?
The property is located at 2792 Egypt Rd Audubon, PA.
What is the asking price?
The asking price for this property is $994,000.
What are key features of this property?
This property features: Stand‑alone office building ideal for medical, dental, or professional use with a 24‑car private parking lot.; Option for **3,000 sq. ft. or a larger 4,300 sq. ft. space** (including contiguous 1,300 sq. ft.) with flexible layout options.; High‑traffic location on Egypt Rd with **15,000‑20,000 vehicles per day**, providing excellent exposure.
