8,479 m² Commercial Land in Juan Díaz
A large commercial site on one of Panama City's busiest avenues
Juan Díaz, Panamá
Active
$5,723,730
USD$675 / m²
- 8,479 m²Lot area
- FlatTopography
Overview
Positioned on Avenida José Agustín Arango, this 8,479 m² commercial parcel pairs a broad, flat site with approximately 90 linear metres of frontage on one of Panama City's busiest commercial thoroughfares. Its scale and prominent avenue frontage create a compelling platform for a major development in Juan Díaz. The land is described as completely flat and ready for development. Its zoning and site characteristics are presented as suited to a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact project. The asking price is $5,723,730, equivalent to approximately $675.05 per m² based on the stated land area. The surrounding area brings together shopping centers, supermarkets, banks, and a wide variety of businesses. Avenida José Agustín Arango is a highly active commercial corridor, offering visibility and easy access for a future project. Explore the potential of this sizeable Panama City site and contact Casanova Realty to discuss the opportunity.
In Short
This 8,479 m² commercial parcel is located in Juan Díaz, Panama City, on Avenida José Agustín Arango. The flat site has approximately 90 linear metres of road frontage and is offered for $5,723,730. Potential uses described include high-density residential, commercial plaza, and mixed-use development.
Before You Decide
- The parcel offers 8,479 m² of flat land on an active commercial avenue.
- Approximately 90 linear metres of frontage are reported on Avenida José Agustín Arango.
- Potential uses include high-density residential, commercial plaza, and mixed-use development.
- The stated asking price is $5,723,730, or approximately $675.05 per m².
Highlights
- 8,479 m² of commercial land
- Approximately 90 linear metres of frontage
- Frontage on Avenida José Agustín Arango
- Flat site described as ready for development
- Potential for high-density residential use
- Potential for a commercial plaza or mixed-use project
- Surrounded by shopping centers, supermarkets, banks, and businesses
At a Glance
- Status
- Available
- Asking price
- $5,723,730
- Price per m²
- $675.05/m²
- Land area
- 8,479 m²
- Approximate road frontage
- 90 linear metres
- Property type
- Commercial land
- Neighborhood
- Juan Díaz
- City
- Panama City
- Listing ID
- CNV-PROP-088451
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 13 October 2026
- Last updated
- 13 October 2026
Gallery
17 photographs of this residence.
Explore Titled lot
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Total
- 8,479 m² · 91,267 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $5,723,730
- Price per m²
- $675 / m²
- Cash to close (est.)
- $1,717,119at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,717,119
- Loan amount
- $4,006,611
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$24,669
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare the 8,479 m² site area with other commercial parcels in Panama City.
- The asking price equates to approximately $675.05 per m² using the stated price and land area.
- The parcel reports approximately 90 linear metres of frontage on Avenida José Agustín Arango.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$675 / m²
Juan Díaz average$5,007 / m²
Panama average$4,306 / m²
Asking 87% below the Juan Díaz average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At approximately $675.05 per m², this 8,479 m² commercial parcel offers a large, flat site on Avenida José Agustín Arango. Potential uses described for the property include high-density residential, a commercial plaza, or a mixed-use project.
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
The property is positioned for commercial or mixed-use development, with approximately 90 metres of frontage on Avenida José Agustín Arango.
Price History
- Listed · October 2026$5,723,730
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Juan Díaz
Juan Díaz, Panamá
Commercial land for sale in Juan Díaz
Juan Díaz, Panamá
Positions are schematic, spaced by travel distance.
Get directionsJuan Díaz on Casanova today
- Active sale listings
- 112
- Active rentals
- 0
- Median asking price per m²
- $1,936
Getting Around
Juan Díaz, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price for this commercial land?
The asking price is $5,723,730.
How large is the parcel?
The parcel measures 8,479 m².
How much road frontage does the property have?
The property has approximately 90 linear metres of frontage on Avenida José Agustín Arango.
What development uses are described for the site?
Potential uses described include a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact project.
Where is the land located?
The parcel is in Juan Díaz, Panama City, on Avenida José Agustín Arango.
What development uses are described?
Potential uses described include a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact project.
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Interested in 8,479 m² Commercial Land in Juan Díaz?
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