Commercial land in Río Abajo, Panamá
A commercial site with 1ZM2 zoning in Río Abajo
Río Abajo, Panamá
Active
$450,000
USD$1,875 / m²
- 1,223.44 m²Lot area
- FlatTopography
Overview
Set on Calle Del Rincón in Río Abajo, this commercial property brings together 1ZM2 zoning, flat topography and an established urban setting. The site is offered for $450,000 and is described as lying in a 100% commercial zone, making its stated zoning designation a key starting point for buyers assessing a business or development opportunity. The property includes 240 m² of construction area, with a recorded year built of 1998. The existing construction’s specific use and layout are not detailed. The land is described as flat and positioned between lots on an asphalt-paved street—practical site characteristics for evaluating access and future plans. Urban services listed for the property include aqueduct water, sanitary sewer, storm drainage, electricity and sidewalks. Río Abajo places the site within Panamá District, in the capital’s urban area. The reported land-area figures need confirmation before planning or valuation. Ask Casanova Realty for the verified survey, zoning documentation and details on the existing construction, then arrange a site visit.
In Short
The commercial property on Calle Del Rincón in Río Abajo is offered for $450,000. It has 1ZM2 zoning, flat topography, 240 m² of recorded construction area and access to aqueduct water, sanitary sewer, storm drainage, electricity and sidewalks. The reported land-area figures require confirmation.
Before You Decide
- Confirm the land area using a current survey before evaluating price per square metre or planning a project.
- Request official documentation for permitted uses and development parameters under the 1ZM2 zoning.
- Establish the use, condition and layout of the 240 m² of recorded construction.
- Verify title, registry details, property taxes and any applicable fees during due diligence.
Highlights
- Asking price: $450,000 USD
- 1ZM2 zoning in a zone described as 100% commercial
- 240 m² of recorded construction area
- Recorded year built: 1998
- Flat terrain between lots
- Asphalt-paved street on Calle Del Rincón
- Aqueduct water, sanitary sewer, storm drainage and electricity
- Sidewalks along the street
At a Glance
- Status
- Available
- Asking price
- $450,000
- Construction area
- 240 m²
- Land area
- 1,223.44 m² (needs confirmation)
- Year built
- 1998
- Zoning
- 1ZM2; 100% commercial zone
- Topography
- Flat
- Street
- Calle Del Rincón; asphalt-paved
- Neighborhood
- Río Abajo
- City
- Panamá
- Listing ID
- CNV-PROP-004032
Key Facts
- Category
- Land
- Property type
- Land / Lot
- Unit type
- Land Lot
- New or resale
- Resale
- Listed
- 17 August 2026
- Last updated
- 4 October 2026
Gallery
7 photographs of this residence.
Explore Titled lot
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Features & Finishes
Layout
- Total
- 240 m² · 2,583 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $450,000
- Price per m²
- $1,875 / m²
- Cash to close (est.)
- $135,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $135,000
- Loan amount
- $315,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,940
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
- Compare the $450,000 asking price with other commercial land in Río Abajo only after confirming the surveyed land area.
- The property combines 1ZM2 commercial zoning, flat terrain, 240 m² of recorded construction and stated urban services.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$1,875 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 87% above the Río Abajo average — worth understanding what justifies it before you offer.
Investment Case
The property is offered for sale at $450,000 in Río Abajo, with 1ZM2 commercial zoning and 240 m² of construction area.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · August 2026$450,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Río Abajo
Río Abajo, Panamá
Commercial land for sale in Río Abajo
Río Abajo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsRío Abajo on Casanova today
- Active sale listings
- 34
- Active rentals
- 0
- Median asking price per m²
- $779
Getting Around
Río Abajo, Panamá, Panamá · Panama City
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 $450,000 USD.
What zoning does the property have?
The property is identified as 1ZM2 and described as being in a 100% commercial zone.
What utilities and street infrastructure are available?
The property is on an asphalt-paved street and is described with aqueduct water, sanitary and storm drainage, electricity, and sidewalks.
Is the terrain flat?
Yes. The terrain is described as flat.
How large is the land?
The land-area figures differ: the structured property data gives 1,223.44 m², while the description gives 1,123.44 m². The measured area should be confirmed.
What is the monthly maintenance fee?
The source details report a maintenance fee of $0 per month.
What is the zoning?
The property is identified as 1ZM2 and described as being in a 100% commercial zone.
What utilities are available?
The property is described with aqueduct water, sanitary sewer, storm drainage and electricity; sidewalks are also noted.
Does the property have existing construction?
The recorded construction area is 240 m². The structure's specific use and layout are not provided.
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Interested in Commercial land in Río Abajo, Panamá?
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