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Holly Nelson

Holly Nelson

Engel & Völkers, North Georgia Mountains

+1(706) 455-7400
$ 13,312,628
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San Francisco

0.82 Acres Lot


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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Lot Size 0.822 Acres

Property Description

Commercial Land on Vía Israel for ZM8 Development

The commercial land parcel measuring 3,328 m² (35,822 sqft) on Vía Israel presents one of the most robust and strategically positioned opportunities for developers seeking a site capable of supporting residential, hotel or commercial projects under the flexible and high-capacity ZM8 zoning classification. With a total area of 3,328 m², this lot offers a substantial footprint that enables efficient architectural planning, allowing developers to conceptualize large-scale residential towers with amenities, modern mixed-use projects, corporate office buildings or hotel developments designed to meet the increasing demand generated by the city's expanding business and tourism sectors. The location along Vía Israel is one of its strongest competitive advantages, as the corridor directly connects major districts such as Costa del Este, San Francisco, Punta Pacífica and the financial center, creating a continuous flow of high-income residents, corporate executives, commercial activity and travelers who drive absorption for residential units, hotel accommodations and ground-floor retail spaces. The generous dimensions of this 3,328 m² parcel allow for optimal massing, efficient floor plates, favorable FAR utilization, underground parking integration and the creation of premium social or commercial components that elevate the project's market positioning. Developers can structure a wide range of concepts, from premium vertical residential living to mixed-use buildings that combine retail, services and hospitality components strategically designed to capture corporate and leisure demand. The ZM8 zoning parameters support higher density, flexible use allocation and versatile architectural configurations, enabling feasibility studies with solid projections in absorption, rental income, sales velocity and long-term capital appreciation. This parcel stands out not only because of its size and zoning advantages but also because of its strategic exposure, accessibility and integration within a rapidly growing urban ecosystem. Its potential to deliver a high-impact development that maximizes profitability and long-term value makes it one of the strongest land opportunities currently available on Vía Israel for serious developers and investors seeking a site with scale, versatility and competitive market positioning.

Listed by Liliana Plata • Engel & Völkers Panama City

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Holly Nelson

Holly Nelson

Associate Broker | License ID: 248829

+1(706) 455-7400

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