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$ 12,140,280
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 Vía Israel for ZM8 Development
The commercial land parcel measuring 3,035 m² (32,668 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 strongest urban corridors. With a total area of 3,035 m², this parcel provides a balanced footprint that supports efficient massing, optimized floor layouts, underground parking integration and a programmatic mix aligned with ZM8 zoning, which is known for its ability to accommodate higher density, mixed-use development and versatile architectural configurations. The location along Vía Israel enhances the project's long-term viability, as it serves as a central link between Costa del Este, San Francisco, Punta Pacífica and the financial district, generating consistent demand from high-income residents, corporate users, commercial operators and travelers. This continuous flow of activity ensures strong absorption for residential units, hotel rooms and commercial spaces positioned on the ground floor. The dimensions of the 3,035 m² lot allow developers to pursue a wide range of concepts, including premium residential towers with full amenities, mixed-use buildings with retail and services, boutique hotels catering to corporate travelers or mid-scale office developments that capitalize on the area's strategic accessibility. The parcel's size also favors efficient floor plates and structural design, enabling developers to create attractive and marketable spaces that support strong financial performance and long-term appreciation. ZM8 zoning provides the regulatory foundation needed to conduct solid feasibility studies based on density, market absorption, projected revenue and profitability trajectories. The land's exposure along Vía Israel provides high visibility and accessibility, contributing to the potential success of ground-floor commercial components and reinforcing the project's positioning within a fast-growing and in-demand urban environment. With its combination of scale, zoning flexibility, connectivity and market-driven location advantages, this 3,035 m² parcel stands out as one of the most compelling opportunities for investors and developers looking to deliver a high-impact project that maximizes profitability, market relevance and sustained value within Panama City's evolving real estate landscape.
The commercial land parcel measuring 3,035 m² (32,668 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 strongest urban corridors. With a total area of 3,035 m², this parcel provides a balanced footprint that supports efficient massing, optimized floor layouts, underground parking integration and a programmatic mix aligned with ZM8 zoning, which is known for its ability to accommodate higher density, mixed-use development and versatile architectural configurations. The location along Vía Israel enhances the project's long-term viability, as it serves as a central link between Costa del Este, San Francisco, Punta Pacífica and the financial district, generating consistent demand from high-income residents, corporate users, commercial operators and travelers. This continuous flow of activity ensures strong absorption for residential units, hotel rooms and commercial spaces positioned on the ground floor. The dimensions of the 3,035 m² lot allow developers to pursue a wide range of concepts, including premium residential towers with full amenities, mixed-use buildings with retail and services, boutique hotels catering to corporate travelers or mid-scale office developments that capitalize on the area's strategic accessibility. The parcel's size also favors efficient floor plates and structural design, enabling developers to create attractive and marketable spaces that support strong financial performance and long-term appreciation. ZM8 zoning provides the regulatory foundation needed to conduct solid feasibility studies based on density, market absorption, projected revenue and profitability trajectories. The land's exposure along Vía Israel provides high visibility and accessibility, contributing to the potential success of ground-floor commercial components and reinforcing the project's positioning within a fast-growing and in-demand urban environment. With its combination of scale, zoning flexibility, connectivity and market-driven location advantages, this 3,035 m² parcel stands out as one of the most compelling opportunities for investors and developers looking to deliver a high-impact project that maximizes profitability, market relevance and sustained value within Panama City's evolving real estate landscape.
Listed by Liliana Plata • Engel & Völkers Panama City