REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 8,531,289
Est. payment /mo
Active
San Francisco
0.57 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.570 Acres
Property Description
Commercial Land on Vía Israel for ZM8 Development
The commercial land parcel measuring 2,305 m² (24,811 sqft) on Vía Israel presents an exceptional opportunity for developers seeking a site with dimensions suited for residential, hotel or commercial projects along one of Panama City's most visible and high-demand urban corridors. With ZM8 zoning that supports higher density, mixed-use programs and flexible architectural massing, this 2,305 m² parcel offers the ideal footprint to design an efficient development that may include residential towers with full amenities, business or extended-stay hotels, mid-scale office buildings or ground-floor retail intended to capture the substantial pedestrian and vehicular activity in the area. Its generous lot size allows optimized sellable area, well-planned floor plates, underground parking and integrated social areas, making it possible to create a diversified program that attracts residents, corporate users and commercial tenants alike. Strategically positioned between Costa del Este, San Francisco, Punta Pacífica and the financial district, the site benefits from constant demand generated by business centers, high-income residents and a steady flow of corporate and leisure visitors. This land size supports several configurations, ranging from a premium residential building with large units and curated amenities to a mixed-use development combining retail, services and a hotel component designed to capture the corporate and tourism traffic of the surrounding zones. ZM8 zoning provides a robust framework for feasibility analysis focused on density, market absorption, investment returns and long-term capital appreciation. The parcel's size and geometric efficiency allow a balanced architectural layout that enhances construction viability, commercial competitiveness and financial performance, positioning this lot as one of the strongest development opportunities on Vía Israel for investors and developers seeking long-term value in a rapidly evolving urban market.
The commercial land parcel measuring 2,305 m² (24,811 sqft) on Vía Israel presents an exceptional opportunity for developers seeking a site with dimensions suited for residential, hotel or commercial projects along one of Panama City's most visible and high-demand urban corridors. With ZM8 zoning that supports higher density, mixed-use programs and flexible architectural massing, this 2,305 m² parcel offers the ideal footprint to design an efficient development that may include residential towers with full amenities, business or extended-stay hotels, mid-scale office buildings or ground-floor retail intended to capture the substantial pedestrian and vehicular activity in the area. Its generous lot size allows optimized sellable area, well-planned floor plates, underground parking and integrated social areas, making it possible to create a diversified program that attracts residents, corporate users and commercial tenants alike. Strategically positioned between Costa del Este, San Francisco, Punta Pacífica and the financial district, the site benefits from constant demand generated by business centers, high-income residents and a steady flow of corporate and leisure visitors. This land size supports several configurations, ranging from a premium residential building with large units and curated amenities to a mixed-use development combining retail, services and a hotel component designed to capture the corporate and tourism traffic of the surrounding zones. ZM8 zoning provides a robust framework for feasibility analysis focused on density, market absorption, investment returns and long-term capital appreciation. The parcel's size and geometric efficiency allow a balanced architectural layout that enhances construction viability, commercial competitiveness and financial performance, positioning this lot as one of the strongest development opportunities on Vía Israel for investors and developers seeking long-term value in a rapidly evolving urban market.
Listed by Liliana Plata • Engel & Völkers Panama City