1,123.44 m² of Commercial Land in Río Abajo
Commercial land with a 1ZM2 designation in Río Abajo
Río Abajo, Panamá
Active
$450,000
USD$401 / m²
- 1,123.44 m²Lot area
Overview
A 1,123.44 m² commercial land parcel in Río Abajo brings substantial scale to an urban Panama City address. Offered at $450,000, the property is identified with the commercial designation 1ZM2, giving buyers a defined starting point as they assess a site for their plans. The parcel’s stated land area is 1,123.44 m², with an asking price of approximately $400.56 per m². The property is being offered as land, rather than as a completed building, and its commercial designation is a central feature for buyers evaluating opportunities in Río Abajo. Río Abajo places the property within Panama City. Buyers looking for commercial land in this established urban area can consider the parcel’s size, location, and stated zoning designation together when assessing their next project. Contact Casanova Realty to discuss the property and arrange a conversation about the site.
In Short
The commercial land parcel in Río Abajo has an area of 1,123.44 m², a stated 1ZM2 designation, and an asking price of $450,000 USD.
Before You Decide
- The parcel offers 1,123.44 m² of land in Río Abajo.
- The stated commercial designation is 1ZM2; confirm permitted uses and development parameters before purchase.
- The asking price is $450,000, equivalent to approximately $400.56 per m².
Highlights
- 1,123.44 m² of land
- Commercial property in Río Abajo
- 1ZM2 designation
- Asking price: $450,000
- Approximately $400.56 per m²
- Located in Panama City
At a Glance
- Status
- Available
- Asking price
- $450,000
- Price per m²
- $400.56/m²
- Land area
- 1,123.44 m²
- Property type
- Commercial land
- Zoning designation
- 1ZM2
- Neighborhood
- Río Abajo
- City
- Panama City
- Listing ID
- CNV-PROP-083678
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 14 October 2026
Gallery
7 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
- 1,123 m² · 12,093 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
- $401 / 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
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare commercial land in Río Abajo by total land area, zoning designation, road frontage, utility access, and price per m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$401 / m²
Río Abajo average$1,001 / m²
Panama average$4,306 / m²
Asking 60% below the Río Abajo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The asking price is $450,000, and the land area is 1,123.44 m². Rental, yield, and comparable-sales figures are not available.
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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
Price History
- Listed · October 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 · —
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 commercial land in Río Abajo?
The land area is 1,123.44 m².
What is the asking price?
The asking price is $450,000 USD.
What zoning designation is given for the land?
The land is described as commercial with the designation 1ZM2.
What zoning designation is given?
The parcel is described as commercial with a 1ZM2 designation.
Similar Properties
Same market, comparable size and price.
Interested in 1,123.44 m² of Commercial Land in Río Abajo?
Speak to our team — viewings in person or by video, usually within 48 hours.