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Property profile & analytics
OFF-MARKET Estimated value $410,000
Office buildings

2605 Egypt Rd Audubon, PA 19403-2317

19,469 SF 1.18 ac lot Built 1962
Individually Owned 21-yr Hold Free & Clear
Property ID
US73-0328191
Property summary
AI-generated overview

This exceptional 14,317 square foot office building, located at 2605-2607 Egypt Road in Audubon, Pennsylvania (zip code 19403), presents a unique investment opportunity. The property, classified as Class B, boasts a prime location in Montgomery County and features a versatile layout suitable for various office uses, including executive, medical, creative, and traditional office spaces. The building, constructed with a 12-foot ceiling height, comprises one two-story structure with twelve suites, offering flexibility for multiple tenants. Currently, the entire 14,317 square feet is vacant, providing an ideal chance for a single large tenant or multiple smaller tenants. The minimum divisible space is 800 square feet, with a maximum contiguous space of 5,510 square feet. Individual spaces ranging from 414 to 1,955 square feet are available. Building amenities include gas/hot air heat and central air conditioning, along with 440-volt electric service. The property is zoned GC (General Commercial) and was renovated in 2005. While elevators are not present, the two-story building offers convenient access. Monthly rental rates vary depending on space size, with examples including $2,550 for 1,800 square feet and $4,328 for 3,710 square feet. The asking rate is $15.00 per square foot. This property offers significant potential for a variety of businesses seeking a well-maintained and adaptable office space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Total area 19,469 SF
Lot 1.18 ac (51,357 SF)
Zoning code GC
APN 43-00-03541-00-7
UPID US73-0328191
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
  • Navitas Marketing Advertising Agency Marketing & Advertising
  • Gary Root - State Farm Insurance Agent Insurance Agency
  • Farmers Insurance - Sandro D'Angelo Insurance Agency
  • The Homer Group Marketing & Advertising Printing Service
  • Industrial Risk Control Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.29M
Blend (final) Blend
$410k
Owner & transaction history
Bernard Homer · 21 yrs held
Bernard Homer
since 2005
1 recorded transaction
2005
$410,000
Zoning & alternative use
GC · Audubon, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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