2797 Egypt Road Audubon, PA 19403
2797 Egypt Road, Audubon, PA, 19403
$1,675,000
For Sale
$1,675,000
Mixed-use properties
Property Size6,600 SF
Lot Size0.93 Acres
Price / SF$253.79
Days on Market534
Property Features for 2797 Egypt Road
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 0.93 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1810
Listing agency
RE/MAX 440 - Skippack
(610) 584-1160
Listed by
Bette R McTamney · License #AB067448
Source
Deepcreeklake
Added: Feb 3, 2025 Updated: Jul 21 at 3:29PM Checked: Jul 22 at 8:18AM
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 440 - Skippack
Investment Insights
Based on property information with market context.
Key Highlights
- Corner property at Park Ave. and Egypt Road in Audubon, Lower Providence (Montgomery County) with traffic count estimated over 20,000 vehicles/day.
- First‑floor commercial space with 15‑foot ceilings and an estimated 3,000+ sq ft; 2‑story main floor renovation is almost complete and rear area is opened up.
- Four upper‑level residential units (2nd and 3rd floors), all now rented: one 2BD/2BA bilevel, two 1BD/1BA units, and one studio; each has its own deck/roof deck/private entrance features.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.7k | $26.16 |
| − Vacancy | −$10.5k | −$1.60 |
| EGI | $162.1k | $24.56 |
| − OpEx | −$73.0k | −$11.05 |
| NOI | $89.2k | $13.51 |
6,600 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,168 @ 7.0% cap · market cap 5.32%
Second Best
Retail
$1.14M
$995.8K – $1.33M
NOI $79,667 @ 7.0% cap · market cap 4.76%
Theoretical Best
Specialty Retail
$3.80M
$3.32M – $4.43M
NOI $265,747 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
Where is this mixed-use property located?
The property is located at 2797 Egypt Road Audubon, PA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Corner property at Park Ave. and Egypt Road in Audubon, Lower Providence (Montgomery County) with traffic count estimated over 20,000 vehicles/day.; First‑floor commercial space with 15‑foot ceilings and an estimated 3,000+ sq ft; 2‑story main floor renovation is almost complete and rear area is opened up.; Four upper‑level residential units (2nd and 3rd floors), all now rented: one 2BD/2BA bilevel, two 1BD/1BA units, and one studio; each has its own deck/roof deck/private entrance features.
