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$ 9,832,303
Est. payment /mo
Active
San Francisco
0.74 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.736 Acres
Property Description
Commercial Land On Via Israel – 2,979 m² (32,065 Sq Ft)
The commercial land parcel measuring 2,979 m² (32,065 sqft) on Vía Israel represents a prime opportunity for developers seeking a site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's strongest and most strategically connected urban corridors. With a total area of 2,979 m², the property offers a balanced footprint that supports efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is recognized for enabling higher density, vertical development and versatile architectural solutions suitable for a wide range of project concepts. Positioned along Vía Israel, the parcel benefits from long-term viability as it serves as a key connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate sustained demand from residents, corporate users, hotel guests and commercial operators.
The dimensions of the 2,979 m² lot allow developers to pursue various development programs, including residential towers with complete amenities, mixed-use buildings that incorporate retail and service components on the ground floor, boutique hotels tailored to business travelers or mid-scale office projects that capitalize on the area's accessibility and high connectivity. The land's scale supports efficient floor plates and adaptable structural solutions, resulting in marketable interior spaces that enhance financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory capacity needed to conduct thorough feasibility studies based on density potential, absorption trends, projected revenue and profitability scenarios relevant for both institutional and private developers. Its exposure along Vía Israel delivers strong visibility and direct accessibility, strengthening the performance of ground-floor commercial spaces and enhancing overall project positioning within a corridor characterized by constant traffic flow. Proximity to major commercial hubs, premium residential districts and important corporate centers reinforces sustained demand and increases the property's long-term strategic value. With its combination of scale, zoning flexibility, connectivity and market-driven attributes, this 2,979 m² parcel stands out as a compelling opportunity for developers and investors seeking to create a high-impact project with competitive returns, diversified programming potential and enduring value within one of Panama City's most active and rapidly evolving real estate environments.
The commercial land parcel measuring 2,979 m² (32,065 sqft) on Vía Israel represents a prime opportunity for developers seeking a site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's strongest and most strategically connected urban corridors. With a total area of 2,979 m², the property offers a balanced footprint that supports efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is recognized for enabling higher density, vertical development and versatile architectural solutions suitable for a wide range of project concepts. Positioned along Vía Israel, the parcel benefits from long-term viability as it serves as a key connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate sustained demand from residents, corporate users, hotel guests and commercial operators.
The dimensions of the 2,979 m² lot allow developers to pursue various development programs, including residential towers with complete amenities, mixed-use buildings that incorporate retail and service components on the ground floor, boutique hotels tailored to business travelers or mid-scale office projects that capitalize on the area's accessibility and high connectivity. The land's scale supports efficient floor plates and adaptable structural solutions, resulting in marketable interior spaces that enhance financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory capacity needed to conduct thorough feasibility studies based on density potential, absorption trends, projected revenue and profitability scenarios relevant for both institutional and private developers. Its exposure along Vía Israel delivers strong visibility and direct accessibility, strengthening the performance of ground-floor commercial spaces and enhancing overall project positioning within a corridor characterized by constant traffic flow. Proximity to major commercial hubs, premium residential districts and important corporate centers reinforces sustained demand and increases the property's long-term strategic value. With its combination of scale, zoning flexibility, connectivity and market-driven attributes, this 2,979 m² parcel stands out as a compelling opportunity for developers and investors seeking to create a high-impact project with competitive returns, diversified programming potential and enduring value within one of Panama City's most active and rapidly evolving real estate environments.
Listed by Liliana Plata • Engel & Völkers Panama City
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