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$ 9,865,119
Est. payment /mo
New
San Francisco
0.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Lot Size 0.699 Acres
Property Description
Commercial Land On Via Israel – 2,829 m² (30,448 Sq Ft)
The commercial land parcel measuring 2,829 m² (30,448 sqft) on Vía Israel presents an exceptional opportunity for developers seeking a site with the scale, visibility and adaptability required for residential, hotel or commercial projects within one of Panama City's most active and strategically connected urban corridors. With a total of 2,829 m², the property offers a balanced footprint capable of supporting efficient massing, optimized floor layouts, underground parking solutions and mixed-use configurations aligned with ZM8 zoning, which is recognized for accommodating higher density developments, vertical design possibilities and versatile architectural programs suitable for a wide variety of project types. Positioned along Vía Israel, the parcel benefits from strong long-term viability, serving as an essential link between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate steady demand from residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,829 m² lot allow developers to explore a broad range of development concepts, including residential towers with full amenities, mixed-use structures integrating retail and services on the ground level, boutique hotels oriented toward business travelers or mid-scale office projects leveraging the corridor's accessibility and connectivity. The property's scale enables efficient floor plates and adaptable structural design, resulting in marketable interior spaces that enhance financial performance, operational flexibility and long-term asset appreciation. ZM8 zoning provides the regulatory framework necessary to conduct robust feasibility studies focused on density potential, absorption patterns, projected revenue and overall profitability expectations, supporting both institutional and private investment strategies. Its exposure along Vía Israel ensures strong visibility, consistent accessibility and commercial appeal, enhancing the success of ground-floor retail and service components while strengthening the project's market positioning within a high-traffic environment. The corridor's proximity to major commercial districts, premium residential areas and key corporate centers ensures sustained demand and reinforces the strategic relevance of the site for long-term development. With its combination of scale, zoning versatility, connectivity and market-driven advantages, this 2,829 m² parcel stands out as a valuable opportunity for developers and investors aiming to deliver a high-impact project with strong returns, diversified programming potential and long-term value within one of Panama City's most active and rapidly evolving real estate corridors.
The commercial land parcel measuring 2,829 m² (30,448 sqft) on Vía Israel presents an exceptional opportunity for developers seeking a site with the scale, visibility and adaptability required for residential, hotel or commercial projects within one of Panama City's most active and strategically connected urban corridors. With a total of 2,829 m², the property offers a balanced footprint capable of supporting efficient massing, optimized floor layouts, underground parking solutions and mixed-use configurations aligned with ZM8 zoning, which is recognized for accommodating higher density developments, vertical design possibilities and versatile architectural programs suitable for a wide variety of project types. Positioned along Vía Israel, the parcel benefits from strong long-term viability, serving as an essential link between Costa del Este, San Francisco, Punta Pacífica and the financial district, all of which generate steady demand from residents, corporate tenants, hotel guests and commercial operators.
The dimensions of the 2,829 m² lot allow developers to explore a broad range of development concepts, including residential towers with full amenities, mixed-use structures integrating retail and services on the ground level, boutique hotels oriented toward business travelers or mid-scale office projects leveraging the corridor's accessibility and connectivity. The property's scale enables efficient floor plates and adaptable structural design, resulting in marketable interior spaces that enhance financial performance, operational flexibility and long-term asset appreciation. ZM8 zoning provides the regulatory framework necessary to conduct robust feasibility studies focused on density potential, absorption patterns, projected revenue and overall profitability expectations, supporting both institutional and private investment strategies. Its exposure along Vía Israel ensures strong visibility, consistent accessibility and commercial appeal, enhancing the success of ground-floor retail and service components while strengthening the project's market positioning within a high-traffic environment. The corridor's proximity to major commercial districts, premium residential areas and key corporate centers ensures sustained demand and reinforces the strategic relevance of the site for long-term development. With its combination of scale, zoning versatility, connectivity and market-driven advantages, this 2,829 m² parcel stands out as a valuable opportunity for developers and investors aiming to deliver a high-impact project with strong returns, diversified programming potential 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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