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FOR SALE
Investment properties

2792 Egypt Rd Audubon, PA 19403

6,031 SF 0.48 ac lot Built 1910
Individually Owned 13-yr Hold ~ Est. High Equity
Property ID
US73-1947288
Property summary
AI-generated overview

This exceptional 5,121 square foot Class B medical office building, situated at 2792 Egypt Rd, Audubon, PA 19403, presents a unique leasing opportunity. Built in 1910 and extensively renovated in 2021, the single-tenant property boasts 2,000 square feet of readily available space. The building features a convenient 24-car private parking lot, enhancing accessibility for patients and staff. The interior layout includes a welcoming waiting room, reception area, dedicated staff workspace, multiple exam rooms/offices, a well-equipped break room/kitchen, and both private and public restrooms. Additional storage is provided in the basement. Located in Montgomery County's Philadelphia submarket, this property benefits from high visibility on Egypt Rd, with an estimated daily traffic count of 15,000-20,000 vehicles. Its strategic location offers easy access to major roadways including Routes 422, 363, the Pennsylvania Turnpike, and the Schuylkill Expressway. The property is zoned VC and sits within the Methacton School District, serving a broad patient base across Audubon, Oaks, Norristown, Collegeville, King of Prussia, and surrounding areas. The building's 220 AMP power supply ensures sufficient electrical capacity. The property's APN is 43-00-03496-007. This is an ideal location for a medical practice, given its history of medical use since 1977.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 6,031 SF
Lot 0.48 ac (20,820 SF)
Zoning code VC
APN 43-00-03496-00-7
UPID US73-1947288
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
  • Life Healing Life Coach Health Consultant
  • Patel Natu MD Pediatrician Physician
  • Visiting Angels Senior Home Care Audubon Senior Citizen Center Aged Care
  • Merlyn Ancilla Johnson Pediatrician Physician
  • Holly Weeks Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$605k
Owner & transaction history
Natu Patel · 13 yrs held
Natu Patel
since 2013
4 recorded transactions
2013
Price N/A
2006
Price N/A
2004
$1
1969
Price N/A
Zoning & alternative use
VC · Audubon, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $950,000 +31.2%
Apartment house (5+ units) $870,000 +20.1%
Restaurant $845,000 +16.8%
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