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$ 6,824,644
Est. payment /mo
Active
San Francisco
0.51 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.511 Acres
Property Description
Commercial Land On Via Israel – 2,068 m² (22,260 Sq Ft)
The commercial land parcel measuring 2,068 m² (22,260 sqft) on Vía Israel offers a strategic opportunity for developers seeking a well-positioned site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's most dynamic and continuously evolving urban corridors. With a total area of 2,068 m², the property provides a balanced footprint that accommodates efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is recognized for supporting higher density, vertical development and adaptable architectural solutions suitable for a wide range of project concepts. Located along Vía Israel, the parcel benefits from strong long-term viability, functioning as a central connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate consistent demand from high-income residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,068 m² site allow developers to consider multiple development programs, including residential towers with full amenities, mixed-use buildings incorporating retail and services on the ground floor, boutique hotels targeting corporate travelers or mid-scale office projects leveraging the area's accessibility and robust connectivity. The lot's scale enables efficient floor plates and flexible structural planning, resulting in marketable interior spaces that support strong financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory framework necessary to conduct comprehensive feasibility studies focusing on density potential, absorption trends, projected revenue and profitability expectations relevant for both institutional and private developers. Its exposure along Vía Israel enhances visibility and accessibility, strengthening the performance of ground-floor commercial components and improving the project's overall positioning within a high-traffic environment. Proximity to key commercial districts, premium residential zones and major corporate centers contributes to sustained market demand and reinforces the property's strategic relevance. With its combination of scale, zoning capacity, connectivity and market-driven advantages, this 2,068 m² parcel stands out as a valuable opportunity for developers and investors aiming to deliver a high-impact project with competitive returns, diversified programming options and long-term value within one of Panama City's most active and rapidly developing real estate corridors.
The commercial land parcel measuring 2,068 m² (22,260 sqft) on Vía Israel offers a strategic opportunity for developers seeking a well-positioned site with the scale, visibility and flexibility required for residential, hotel or commercial projects within one of Panama City's most dynamic and continuously evolving urban corridors. With a total area of 2,068 m², the property provides a balanced footprint that accommodates efficient massing, optimized floor layouts, underground parking integration and mixed-use configurations aligned with ZM8 zoning, which is recognized for supporting higher density, vertical development and adaptable architectural solutions suitable for a wide range of project concepts. Located along Vía Israel, the parcel benefits from strong long-term viability, functioning as a central connector between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate consistent demand from high-income residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,068 m² site allow developers to consider multiple development programs, including residential towers with full amenities, mixed-use buildings incorporating retail and services on the ground floor, boutique hotels targeting corporate travelers or mid-scale office projects leveraging the area's accessibility and robust connectivity. The lot's scale enables efficient floor plates and flexible structural planning, resulting in marketable interior spaces that support strong financial performance, operational efficiency and long-term asset appreciation. ZM8 zoning provides the regulatory framework necessary to conduct comprehensive feasibility studies focusing on density potential, absorption trends, projected revenue and profitability expectations relevant for both institutional and private developers. Its exposure along Vía Israel enhances visibility and accessibility, strengthening the performance of ground-floor commercial components and improving the project's overall positioning within a high-traffic environment. Proximity to key commercial districts, premium residential zones and major corporate centers contributes to sustained market demand and reinforces the property's strategic relevance. With its combination of scale, zoning capacity, connectivity and market-driven advantages, this 2,068 m² parcel stands out as a valuable opportunity for developers and investors aiming to deliver a high-impact project with competitive returns, diversified programming options and long-term value within one of Panama City's most active and rapidly developing real estate corridors.
Listed by Liliana Plata • Engel & Völkers Panama City
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