Stand Alone Office
For Sale
Contact for pricing
2792 Egypt Rd, Audubon, PA 19403
Stand alone office building suitable for medical or professional use.
Property Size6,031 SF
Price / SF$164.96
Days on Market154
Property Features for 2792 Egypt Rd
General Information
Standard status
Active
Size
6,031 SF
Total Parking Spaces
27
Property subtype
Retail, Multifamily, Office
Zoning
MIX: RETAIL, OFC, APTS
Building Details
Year Built
1910
Stories
2
Units
1
Listing Agency:
RE/MAX Blue Bell
(610) 291-3056
Listed By:
Michael Choplin · License #RS281080
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:35AM
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 Blue Bell
Investment Insights
Based on property information with market context.
This stand alone office building in Lower Providence Township presents an opportunity for medical, dental, or professional use. The property includes a 24-car private parking lot and 3,000 sq. ft. of office space. The layout 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. Updates to the space, including new carpet and painting, will be completed based on the tenant's needs. A medical practice has been at this location since 1977. The property offers exposure with a traffic count of 15,000-20,000 on Egypt Rd. It is located in the Methacton School district and is close to major roads including RT 422, RT 363, PA Turnpike & the Schuylkill expressway. The property is suitable to serve clients in Audubon, Oaks, Norristown, Collegeville, King of Prussia and beyond. Rent includes water, sewer, trash, common area maintenance, snow removal & lawn maintenance. Tenant pays gas/electric only.
Key Highlights
- Ideal for medical, dental, or professional office use.
- Includes a 24‑car private parking lot.
- 3,000 sq. ft. office space** with flexible layout (1,300 sq. ft. contiguous space can be included or separated).
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
$87,161
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
8.76%
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%
$1,743,220
$1.7M
Cap Rate 7%
$1,245,157
$1.2M
Cap Rate 9%
$968,456
$968.5K
Market Conditions
NOI Build-Up for 6,031 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
$157.0K $26.04/SF
− Vacancy
−$11.8K −$1.95/SF
EGI
$145.3K $24.09/SF
− OpEx
−$58.1K −$9.63/SF
NOI
$87.2K $14.45/SF
Area
Montgomery County, PA
Vacancy
7.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
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%
$1,743,220
Cap Rate 7%
$1,245,157
Cap Rate 9%
$968,456
Alternative Uses
Best Use
Office B
$1.35M
$1.19M – $1.58M
NOI $94,817 @ 7.0% cap · market cap 9.53%
Second Best
Healthcare Medical
$1.25M
$1.09M – $1.45M
NOI $87,161 @ 7.0% cap · market cap 8.76%
Theoretical Best
Specialty Retail
$3.47M
$3.04M – $4.05M
NOI $242,837 @ 7.0% cap · market cap 24.41%
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 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 $994,900.
What are key features of this property?
This property features: Ideal for medical, dental, or professional office use.; Includes a **24‑car private parking lot.**; 3,000 sq. ft. office space** with flexible layout (1,300 sq. ft. contiguous space can be included or separated).
