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    2834 Egypt Rd Norristown, PA 19403
    Property profile & analytics

    2834 Egypt Rd, Norristown, PA 19403

    View on Map

    • Garden apartment buildings
    • 435,884 SF
    • 26.70 lot acres
    Off-Market
    Property ID
    US73-2429975
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 2834 Egypt Rd

    Year built
    1970
    Lot size
    26.70 lot acres
    Zone code
    R5
    Property type
    Garden apartment buildings
    APN
    43-00-03528-00-2
    APU
    430003528002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 7, 2016 — M-g Associates LP — Grant Deed · related $35M · Wells Fargo Bk
    Nov 9, 2010 — M-g Associates LP — Deed Of Trust · related $25.3M · Wells Fargo Bank
    Mar 30, 2001 — M-g Associates LP — Grant Deed · related $18M · Reilly Mortgage Capital Corp

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $81,540,000
      Market price range: $29.2M - $81.5M
      AI Estimate
      $37,022,000
      Market price range: $13.2M - $44.7M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $62,885,000
      Current use
      OFFICE BUILDING
      $75,905,000
      Change: +21% Conversion: Moderate
      MEDICAL BUILDING
      $68,705,000
      Change: +9% Conversion: Moderate
      RESTAURANT
      $61,180,000
      Change: -3% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $56,815,000
      Change: -10% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $52,365,000
      Change: -17% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4398
    Latitude
    40.1264
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $811,985
    $0.00
    $0.00
    $19,908,200
    -
    $0.00
    $0.00
    $19,908,200
    More about this property
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