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$ 12,161,972
Est. payment /mo
Active
San Francisco
0.75 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.750 Acres
Property Description
Commercial Land On Via Israel – 3,040 m² (32,722 Sq Ft)
The commercial land parcel measuring 3,040 m² (32,722 sqft) on Vía Israel offers a highly competitive opportunity for developers seeking a site with the scale, flexibility and visibility required for residential, hotel or commercial projects within one of Panama City's most strategic urban corridors. Its generous 3,040 m² footprint provides a balanced platform to accommodate efficient massing, optimized floor layouts, underground parking and mixed-use programs aligned with ZM8 zoning, which is recognized for supporting higher density developments and diverse architectural configurations. The property's position along Vía Israel significantly enhances long-term project viability, functioning as a central connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate sustained demand from high-income residents, corporate tenants, commercial operators and travelers. This steady activity supports strong absorption for residential units, hotel rooms and ground-floor commercial spaces.
The dimensions of the 3,040 m² parcel enable developers to pursue a wide range of concepts, including residential towers with full amenities, mixed-use buildings with retail components, boutique hotels targeting business travelers or mid-scale office projects benefiting from the area's connectivity. The site's scale allows for efficient floor plates and adaptable structural solutions, creating marketable interior spaces that enhance financial performance and long-term appreciation potential. ZM8 zoning provides the regulatory framework required to conduct solid feasibility studies related to density, absorption, projected revenue and profitability expectations. The property's exposure along Vía Israel reinforces visibility, accessibility and commercial potential, particularly for ground-floor retail and service concepts that rely on consistent traffic flow. With its combination of scale, zoning versatility, urban connectivity and strong market fundamentals, this 3,040 m² parcel stands out as an exceptional opportunity for investors and developers aiming to deliver a high-impact project with strong positioning, competitive returns and long-term value within one of Panama City's most active and rapidly evolving real estate corridors.
The commercial land parcel measuring 3,040 m² (32,722 sqft) on Vía Israel offers a highly competitive opportunity for developers seeking a site with the scale, flexibility and visibility required for residential, hotel or commercial projects within one of Panama City's most strategic urban corridors. Its generous 3,040 m² footprint provides a balanced platform to accommodate efficient massing, optimized floor layouts, underground parking and mixed-use programs aligned with ZM8 zoning, which is recognized for supporting higher density developments and diverse architectural configurations. The property's position along Vía Israel significantly enhances long-term project viability, functioning as a central connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate sustained demand from high-income residents, corporate tenants, commercial operators and travelers. This steady activity supports strong absorption for residential units, hotel rooms and ground-floor commercial spaces.
The dimensions of the 3,040 m² parcel enable developers to pursue a wide range of concepts, including residential towers with full amenities, mixed-use buildings with retail components, boutique hotels targeting business travelers or mid-scale office projects benefiting from the area's connectivity. The site's scale allows for efficient floor plates and adaptable structural solutions, creating marketable interior spaces that enhance financial performance and long-term appreciation potential. ZM8 zoning provides the regulatory framework required to conduct solid feasibility studies related to density, absorption, projected revenue and profitability expectations. The property's exposure along Vía Israel reinforces visibility, accessibility and commercial potential, particularly for ground-floor retail and service concepts that rely on consistent traffic flow. With its combination of scale, zoning versatility, urban connectivity and strong market fundamentals, this 3,040 m² parcel stands out as an exceptional opportunity for investors and developers aiming to deliver a high-impact project with strong positioning, competitive returns and long-term value within one of Panama City's most active and rapidly evolving real estate corridors.
Listed by Liliana Plata • Engel & Völkers Panama City
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