Commercial land with existing improvements in El Coco
Commercial visibility on the Inter-American Highway
El Coco, La Chorrera
Active
$280,000
USD$982 / m²
- 522.3 m²Lot area
Overview
Position a business on the Inter-American Highway with this 522.30 m² commercial parcel in El Coco, La Chorrera. Its highway location offers strong vehicle exposure and convenient access in one of Panama Oeste’s active commercial corridors. The property includes 285 m² of existing construction, with commercial premises, covered areas, and paved spaces. These improvements provide a base for continuing commercial operations or planning a different project. The land also has access to potable water, electricity, internet, telephone, and sanitary sewer service. The recorded monthly maintenance fee is $0. El Coco brings together commercial, industrial, and residential activity. Nearby amenities include commercial plazas, service stations, workshops, and other businesses, with additional shops and plazas a short drive away. The $280,000 asking price presents an opportunity to explore uses such as retail, workshops, automotive businesses, storage, distribution, or commercial offices. Contact us to discuss the property and confirm the development requirements for your intended use.
In Short
The property is a 522.30 m² commercial parcel in El Coco, La Chorrera, offered for $280,000. It has 285 m² of existing construction, including commercial premises, covered areas, and paved spaces, with access to water, electricity, internet, telephone, and sanitary sewer service.
Before You Decide
- The parcel is positioned on the Inter-American Highway and is described as having high vehicle exposure.
- The 285 m² of existing construction includes commercial premises, covered areas, and paved spaces.
- Confirm zoning, frontage, access permissions, and the condition of existing improvements for the intended use.
Highlights
- 522.30 m² land area in El Coco, La Chorrera
- 285 m² of existing construction
- Frontage location on the Inter-American Highway
- Commercial premises, covered areas, and paved spaces
- Access to water, electricity, internet, telephone, and sanitary sewer
- Nearby commercial plazas, service stations, workshops, and businesses
- Asking price: $280,000
At a Glance
- Status
- Available
- Asking price
- $280,000
- Price per m² of land
- $535.90/m²
- Land area
- 522.30 m²
- Existing construction
- 285 m²
- Year built
- 1980
- Property type
- Commercial land
- Neighborhood
- El Coco
- City
- La Chorrera
- Listing ID
- CNV-PROP-004002
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- Listed
- 24 May 2026
- Last updated
- 3 October 2026
Gallery
10 photographs of this residence.
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Features & Finishes
Layout
- Total
- 285 m² · 3,068 ft²
Parking & Storage
- Covered
- No
Outdoor
- Commercial premises
- Covered areas
- Paved areas
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $280,000
- Price per m²
- $982 / m²
- Cash to close (est.)
- $84,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $84,000
- Loan amount
- $196,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,207
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
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Land area: 522.30 m².
- Existing construction: 285 m².
- Asking price: $280,000, equivalent to approximately $535.90 per m² of land.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$982 / m²
El Coco average$689 / m²
Panama average$4,306 / m²
Asking 43% above the El Coco average — worth understanding what justifies it before you offer.
Investment Case
A 522.30 m² commercial parcel on the Inter-American Highway in El Coco, La Chorrera, with 285 m² of existing construction and public utilities identified. Asking price: $280,000.
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- Gross yield
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- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Potential to continue commercial activity in the existing premises or evaluate a new commercial project, subject to land-use and permitting review.
Price History
- Listed · May 2026$280,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Coco
El Coco, La Chorrera
Commercial land for sale in El Coco
El Coco, La Chorrera
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
El Coco, La Chorrera, Panamá Oeste · —
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?
The asking price is $280,000 USD.
How large is the land and how much construction is there?
The land area is 522.30 m², and the existing construction area is 285 m².
Which utilities are identified at the property?
Water, electricity, internet, telephone, and sanitary sewer service are identified.
What improvements are on the property?
The property has commercial premises, covered areas, and paved spaces.
What is the monthly maintenance fee?
The monthly maintenance fee is recorded as $0.
Which services are available?
The property is described as having access to potable water, electricity, internet, telephone, and sanitary sewer service.
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Interested in Commercial land with existing improvements in El Coco?
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