892.5 m² Commercial Land in Parque Lefevre
A commercial development opportunity in Parque Lefevre
Parque Lefevre, Panama
Active
$390,000
USD$437 / m²
- 892.5 m²Lot area
Overview
Positioned in Parque Lefevre, this 892.5 m² commercial parcel offers a substantial footprint for investors and developers looking to plan a project in an established commercial setting. The stated 1ZM2 zoning is associated with a range of potential commercial and mixed-use applications, subject to current urban planning regulations. The land is offered for USD 390,000, or approximately USD 436.97 per m² based on its stated area. Potential project types described for the parcel include workshops, warehouses, office buildings, commercial offices, and mixed-use developments. Specific development allowances depend on the applicable planning rules. Parque Lefevre offers access to the city’s main thoroughfares and connectivity within a well-established commercial environment. For a buyer seeking a strategically positioned Panama City land investment with multiple project possibilities, this parcel merits a closer look. Contact Casanova Realty to discuss the opportunity and arrange the next steps.
In Short
The Parque Lefevre commercial land parcel measures 892.5 m² and is offered for USD 390,000. Potential uses described include workshops, warehouses, office buildings, commercial offices, and mixed-use projects, subject to current urban planning regulations.
Before You Decide
- Confirm the current planning rules and permitted development parameters for the stated 1ZM2 zoning.
- Verify title, lot boundaries, utility access, road frontage, and site conditions before planning a project.
- The calculated asking price is approximately USD 436.97 per m², using the stated USD 390,000 price and 892.5 m² area.
Highlights
- 892.5 m² of land in Parque Lefevre
- Offered for USD 390,000
- Approximately USD 436.97 per m², calculated from the stated price and area
- Stated 1ZM2 zoning
- Potential uses include workshops and warehouses
- Office-building and commercial-office projects are described as potential uses
- Mixed-use projects are described as a possibility, subject to current regulations
- Access to Panama City’s main thoroughfares
At a Glance
- Status
- Available for sale
- Asking price
- $390,000
- Price per m²
- $436.97/m²
- Land area
- 892.5 m²
- Property type
- Commercial land
- Zoning
- 1ZM2
- Neighborhood
- Parque Lefevre
- City
- Panama City
- Listing ID
- CNV-PROP-011051
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
8 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
- 893 m² · 9,607 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $390,000
- Price per m²
- $437 / m²
- Cash to close (est.)
- $117,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $117,000
- Loan amount
- $273,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,681
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 USD 436.97 per m² asking price with similar commercial land parcels in Parque Lefevre and nearby areas.
- Compare development feasibility only after confirming zoning parameters, utilities, access, and lot dimensions.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$437 / m²
Parque Lefevre average$1,452 / m²
Panama average$4,306 / m²
Asking 70% below the Parque Lefevre average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
An 892.5 m² commercial land opportunity offered for USD 390,000 in Parque Lefevre. The stated 1ZM2 zoning is described as suitable for several commercial and mixed-use project types, subject to current urban planning regulations.
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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 stated zoning and potential for workshop, warehouse, office, commercial-office, or mixed-use projects may interest investors and developers, subject to current urban planning regulations.
Price History
- Listed · October 2026$390,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Parque Lefevre
Parque Lefevre, Panama
Commercial land for sale in Parque Lefevre
Parque Lefevre, Panama
Positions are schematic, spaced by travel distance.
Get directionsParque Lefevre on Casanova today
- Active sale listings
- 55
- Active rentals
- 0
- Median asking price per m²
- $1,000
Getting Around
Parque Lefevre, Panama, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How large is the land in Parque Lefevre?
The parcel has a stated total land area of 892.5 m².
What is the asking price?
The asking price is USD 390,000, equivalent to approximately USD 436.97 per m² based on the stated land area.
What zoning is stated for the parcel?
The parcel is described as zoned 1ZM2. Any project is subject to current urban planning regulations.
What types of projects are described as potential uses?
Potential uses described include workshops, warehouses, office buildings, commercial offices, and mixed-use projects, subject to current urban planning regulations.
What is the stated zoning classification?
The stated zoning classification is 1ZM2. Potential development is subject to current urban planning regulations.
Which types of development are described as potential uses?
The described potential uses include workshops, warehouses, office buildings, commercial offices, and mixed-use projects, subject to current urban planning regulations.
Similar Properties
Same market, comparable size and price.
Interested in 892.5 m² Commercial Land in Parque Lefevre?
Speak to our team — viewings in person or by video, usually within 48 hours.