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$ 6,917,539
Est. payment /mo
New
San Francisco
0.52 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.518 Acres
Property Description
Commercial Land On Via Israel – 2,096 m² (22,558 Sq Ft)
The commercial land parcel measuring 2,096 m² (22,558 sqft) on Vía Israel represents a strong opportunity for developers seeking a strategically located site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's most active and well-connected urban corridors. With a total area of 2,096 m², the property provides a balanced footprint capable of supporting efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is known for accommodating higher density developments, vertical construction and versatile architectural solutions appropriate for diverse project concepts. Its position along Vía Israel strengthens long-term development prospects, functioning as a key connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, areas that consistently generate demand from residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,096 m² lot enable developers to consider a wide range of development programs, including residential towers with full amenities, mixed-use buildings incorporating retail and service components, boutique hotels targeting business travelers or mid-scale office projects that benefit from the corridor's accessibility and strong connectivity. The parcel's scale supports efficient floor plates and adaptable structural planning, resulting in marketable interior spaces that enhance financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory foundation required to conduct detailed feasibility studies centered on density potential, absorption dynamics, revenue projections and profitability expectations relevant to both institutional and private developers. Its exposure along Vía Israel ensures strong visibility and consistent accessibility, reinforcing the performance of ground-floor commercial uses and elevating the overall positioning of the project within a high-traffic setting. Proximity to major commercial districts, premium residential neighborhoods and important corporate centers contributes to long-term demand and enhances the site's strategic relevance in the market. With its combination of scale, zoning adaptability, connectivity and market-driven advantages, this 2,096 m² parcel stands out as a compelling opportunity for developers and investors seeking to deliver a high-impact project with competitive returns, diversified program potential and long-term value within one of Panama City's most dynamic and rapidly evolving real estate environments.
The commercial land parcel measuring 2,096 m² (22,558 sqft) on Vía Israel represents a strong opportunity for developers seeking a strategically located site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's most active and well-connected urban corridors. With a total area of 2,096 m², the property provides a balanced footprint capable of supporting efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is known for accommodating higher density developments, vertical construction and versatile architectural solutions appropriate for diverse project concepts. Its position along Vía Israel strengthens long-term development prospects, functioning as a key connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, areas that consistently generate demand from residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,096 m² lot enable developers to consider a wide range of development programs, including residential towers with full amenities, mixed-use buildings incorporating retail and service components, boutique hotels targeting business travelers or mid-scale office projects that benefit from the corridor's accessibility and strong connectivity. The parcel's scale supports efficient floor plates and adaptable structural planning, resulting in marketable interior spaces that enhance financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory foundation required to conduct detailed feasibility studies centered on density potential, absorption dynamics, revenue projections and profitability expectations relevant to both institutional and private developers. Its exposure along Vía Israel ensures strong visibility and consistent accessibility, reinforcing the performance of ground-floor commercial uses and elevating the overall positioning of the project within a high-traffic setting. Proximity to major commercial districts, premium residential neighborhoods and important corporate centers contributes to long-term demand and enhances the site's strategic relevance in the market. With its combination of scale, zoning adaptability, connectivity and market-driven advantages, this 2,096 m² parcel stands out as a compelling opportunity for developers and investors seeking to deliver a high-impact project with competitive returns, diversified program potential and long-term value within one of Panama City's most dynamic and rapidly evolving real estate environments.
Listed by Liliana Plata • Engel & Völkers Panama City
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