Prototype. Every figure on this page is illustrative. The register holds 8 sample assets from the MoPED data-model workbook and 112 generated to match its schema — no real asset, valuation or coordinate.
Heritage House — Alexandria
ALX-BLD-0091 · Alexandria
Heritage House — Alexandria
56 Industrial Zone Road, Gleem, Alexandria, Alexandria
Building · Standalone · Ministry of Health
Lowest capex-to-income ratio in its class — a candidate pilot for the leasing model.
Market value
EGP 76.2m
book value EGP 17.1m
Value after renovation
EGP 99.1m
scope: Full gut renovation
CapEx
EGP 22.1m
over 16 months
Net operating income
EGP 5.1m
on EGP 7.3m gross revenue
Gross yield
6.7%
below the 12% hurdle — sale candidate
Revenue gap
EGP 5.1m
against EGP 0 earned today
Recommendation
Highest & best use
Community / social facility
Monetization route
Long-term lease
Payback
4.3yrs
Vacant
13yrs
Monthly rent equiv.
EGP 606,813
Assumed occupancy
95%
Blockers
- Active litigation with former operator
- No independent road access, easement to be negotiated
Location
- Coordinates
- 31.1869, 29.9065
- Main road / transport
- 0.7 / 2.9 km
Estimated valueSimulated
Back-cast from today's valuation at the Assumptions sheet's inflation rate plus governorate drift.
Condition scoreSimulated
Decay rate follows the recorded utilization status; the final point is today's rating.
A. Identification & Ownership
14- Asset IDasset_id
- ALX-BLD-0091
- Asset Name (EN)asset_name_en
- Heritage House — Alexandria
- Asset Name (AR)asset_name_ar
- منزل تراثي — الإسكندرية
- Custodian Entitycustodian_entity
- Ministry of Health
- Ownership Typeownership_type
- Under dispute
- Title / Registration Statustitle_status
- Registered (مسجل)
- Real-Estate Registry No.registry_no
- 2016/8276
- Asset Classasset_class
- Building (مبنى)
- Asset Sub-Typeasset_subtype
- Standalone
- Current Usecurrent_use
- Disused since the department merger
- Utilization Statusutilization_status
- Vacant (شاغر)
- Years Vacant / Underusedvacancy_years
- 13
- Occupied By / Encumbrancesoccupied_by
- None
B. Location & Geospatial
14- Governorategovernorate
- Alexandria
- City / Markazcity
- Alexandria
- District / Neighbourhooddistrict
- Gleem
- Full Address (EN)address_en
- 56 Industrial Zone Road, Gleem, Alexandria, Alexandria
- Full Address (AR)address_ar
- ٥٦ طريق المنطقة الصناعية، جليم، الإسكندرية، الإسكندرية
- Latitudelatitude
- 31.186903
- Longitudelongitude
- 29.906529
- Plot / Block No.plot_no
- Block 1 / Plot 4
- Zoning Classificationzoning
- Administrative / office
- Permitted Use per Detailed Planpermitted_use
- Light and medium industry
- Distance to Main Road (km)dist_main_road
- 0.74
- Distance to Transport Node (km)dist_transport
- 2.85
- Catchment Population (000s)catchment_pop
- EGP 34
C. Physical Characteristics
11- Land Area (m2)land_area
- 1,860 m²
- Built-Up Area / BUA (m2)bua
- 1,270 m²
- Gross Leasable Area (m2)gla
- 1,040 m²
- Number of Floorsfloors_count
- 6
- Number of Unitsunits_count
- 7
- Year Builtyear_built
- 1,997
- Building Age (yrs)building_ageƒ
- 29
- Structure Typestructure_type
- Load-bearing masonry
- Finishing Levelfinishing_level
- Core & shell
- Utilities Connectedutilities
- Electricity (disconnected)
- Heritage-Listed?heritage_listed
- No
D. Internal Division & Layout
9- Internally Divided?has_internal_division
- Yes
- Number of Roomsrooms_count
- 21
- Number of Bathroomsbathrooms_count
- 8
- Reception / Hallsreception_count
- 4
- Kitchenskitchens_count
- 3
- Open-Plan Area (m2)open_plan_area
- 80 m²
- Partition Flexibilitypartition_flexibility
- High - open plan, easily partitioned
- Parking Spacesparking_spaces
- 27
- Layout Noteslayout_notes
- Two production halls plus an administration block; halls are clear-span.
E. Condition & Renovation
9- Physical Conditioncondition_rating
- Poor
- Condition Notes (EN)condition_notes_en
- Machinery stripped; slabs cracked and windows broken throughout.
- Condition Notes (AR)condition_notes_ar
- تم رفع المعدات؛ تشققات بالأرضيات وكسر شامل بالنوافذ.
- Renovation Required?renovation_required
- Yes
- Renovation Scoperenovation_scope
- Full gut renovation
- Renovation Cost (EGP/m2)reno_cost_sqm
- 17,400 m²
- Est. Renovation Cost (EGP)reno_cost_totalƒ
- EGP 22,098,000
- Renovation Duration (months)reno_duration_months
- 16
- Licensing / Compliance Statuscompliance_status
- Partially licensed
F. Valuation
8- Valuation Methodvaluation_method
- Cost / replacement (التكلفة)
- Land Value (EGP/m2)land_value_sqm
- EGP 32,100
- Building Value (EGP/m2)building_value_sqm
- EGP 13,000
- Est. Market Value (EGP)market_valueƒ
- EGP 76,216,000
- Value After Renovation (EGP)value_post_renoƒ
- EGP 99,080,800
- Government Book Value (EGP)book_value
- EGP 17,100,000
- Valuation Datevaluation_date
- 24 Jul 2026
- Valuation Sourcevaluation_source
- Industrial land comparables 2026
G. Income & Rental Potential
11- ADR - Residential (EGP/day)adr_residential
- EGP 0
- ADR - Commercial / Retail (EGP/day)adr_commercial
- EGP 21,000
- ADR - Office (EGP/day)adr_office
- EGP 0
- ADR Applied (EGP/day)adr_applicableƒ
- EGP 21,000
- Assumed Occupancy Rateoccupancy_rate
- 95.0%
- Gross Annual Revenue (EGP)gross_annual_revenueƒ
- EGP 7,281,750
- Monthly Rent Equivalent (EGP)monthly_rent_equivƒ
- EGP 606,813
- Annual Operating Cost (EGP)annual_opex
- EGP 2,184,525
- Net Operating Income (EGP)noiƒ
- EGP 5,097,225
- Gross Yield (%)gross_yieldƒ
- 6.7%
- Renovation Payback (yrs)reno_payback_yearsƒ
- 4.34
H. Utilization Gap & Monetization
7- Current Actual Income (EGP/yr)current_annual_income
- EGP 0
- Annual Revenue Gap (EGP)revenue_gapƒ
- EGP 5,097,225
- Highest & Best Usehighest_best_use
- Community / social facility
- Recommended Monetization Routemonetization_option
- Long-term lease (إيجار طويل الأجل)
- CapEx to Activate (EGP)capex_to_activateƒ
- EGP 22,098,000
- Priority Tierpriority_tier
- 3 - Long term / complex
- Key Blockersblockers
- Active litigation with former operator; No independent road access, easement to be negotiated
I. Media & Documentation
6- Photos Folder (URL)photos_link
- https://drive.example.org/assets/ALX-BLD-0091/photos
- Number of Photosphotos_count
- 54
- Floor Plan / Survey (URL)floorplan_link
- https://drive.example.org/assets/ALX-BLD-0091/plan.pdf
J. Data Governance
7- Primary Data Sourcedata_source
- Field survey
- Data Confidenceconfidence_level
- Medium
- Site Visit Datesite_visit_date
- 6 May 2025
- Surveyor / Analystsurveyor
- M. Farouk
- Last Updatedlast_updated
- 23 Jan 2026
- Record Statusrecord_status
- Validated
- General Notesnotes
- Lowest capex-to-income ratio in its class — a candidate pilot for the leasing model.
54 photographs on file
The survey's geotagged photographs live in the custodian's drive folder. This prototype records the link and the count rather than shipping the images.
https://drive.example.org/assets/ALX-BLD-0091/photosSource: Field survey. Surveyed by M. Farouk on 6 May 2025. Record last updated 23 Jan 2026.