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Property profile & analytics
OFF-MARKET
Medical Office Space

104 Egypt Rd West Norriton, PA 19403-3065

6,208 SF 0.59 ac lot Built 1954
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-5905338
Property summary
AI-generated overview

This exceptional mixed-use property at 104 Egypt Road in Norristown, Pennsylvania, presents a unique investment opportunity. Situated on a 0.59-acre lot, this corner property boasts excellent visibility and ample on-site parking. Currently configured as two adjacent medical office suites, each with its own private entrance and shared vestibule, the building offers significant flexibility. Suite A comprises a reception area, waiting room, four offices, a powder room, a conference room (or fifth office), and substantial storage. Suite B includes a waiting room, receptionist's office, four examination rooms, a powder room, a prep sink, a doctor's lab, an x-ray reading counter, and an x-ray enclosure. Both suites feature independent HVAC and electrical services. A shared basement provides laundry facilities and additional storage. The property's zoning allows for diverse uses, making it ideal for a variety of medical practices (such as a medical spa, dental practice, pediatrics, podiatry, or veterinary clinic), or a larger facility like a physical therapy center. With over 3200 square feet of floor space, there's potential to expand existing operations or create a third suite by further subdividing the larger unit (subject to township approval). Its convenient location near King of Prussia, Collegeville, and Audubon makes this property highly accessible. The asking price is $599,999.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1954
Total area 6,208 SF
Lot 0.59 ac (25,700 SF)
Zoning code R2
APN 63-00-02098-00-8
UPID US73-5905338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Miguel Aguilo-Seara, MD Physician
  • Pena-Ariet Maria E MD Physician
  • Neuropsychiatric Group Physician
  • Siswick Michael R DPM Physician
  • Ganley Podiatry Associates: Ruane Edward W DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cuatro I LLC · 19 yrs held
Cuatro I LLC
since 2007
1 recorded transaction
2007
$550,000
Zoning & alternative use
R2 · West Norriton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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