2792 Egypt Rd, Audubon, PA 19403

Listing Agency: RE/MAX Services b***@remax.net Show Phone

Listed By: Michael S Choplin · License PA RS281080 Show Phone

Source: Exprealty

Added: Jan 26 Changed: Aug 8 Last Checked: Aug 25 at 5:01AM

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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 / Yr

$54,799

Cap Rate

5.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,095,980 $1.1M

Cap Rate 7%

$782,843 $782.8K

Cap Rate 9%

$608,878 $608.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,000 SF

Gross rent

$85.0K $28.32/SF

− Vacancy

−$11.9K −$3.96/SF

EGI

$73.1K $24.36/SF

− OpEx

−$18.3K −$6.09/SF

NOI

$54.8K $18.27/SF

Area

Montgomery County, PA

Vacancy

14.00%

Lease Rate

$28.32 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,095,980

Cap Rate 7%

$782,843

Cap Rate 9%

$608,878

Alternative Uses

Best Use

Office B

$782.8K

$685.0K – $913.3K (±1% cap)

NOI $54,799 @ 7.0% cap · market cap 5.51%

Second Best

Healthcare Medical

$619.4K

$542.0K – $722.6K (±1% cap)

NOI $43,357 @ 7.0% cap · market cap 4.36%

Theoretical Best

Specialty Retail

$1.73M

$1.51M – $2.01M (±1% cap)

NOI $120,794 @ 7.0% cap · market cap 12.15%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Repair Shop Parking Lot & Garage Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

279

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

Average Price Trend$/SF for Medical Office Space in Montgomery County, PA

$210 Jul

$165 Aug

$157 Sep

$160 Oct

Properties on Market for Medical Office Space in Montgomery County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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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.