6,559.94 m² Land Parcel in Pedregal
A 6,559.94 m² commercial opportunity on Avenida José A. Arango
Pedregal, Panamá
Active
$2,939,000
USD$448 / m²
- 6,559.94 m²Lot area
Overview
With 50 meters of frontage on Avenida José A. Arango, this 6,559.94 m² parcel puts a substantial landholding directly on a main road in Pedregal. Offered at USD 2,939,000, it is presented as an opportunity for a commercial plaza or business in an area described as having a high population density. The property is identified with 1-ZM2 zoning and offers easy access to the main road. Its scale and direct avenue frontage make it a candidate for buyers considering a commercial project; the permitted uses and development parameters should be established as part of project planning. The asking price works out to a calculated USD 448.02 per m² using the structured area and price. Pedregal’s location near a commercial area adds to the site’s practical appeal for business-oriented plans. The parcel is on Avenida José A. Arango, a principal route, and has 50 meters of road frontage. Explore the land’s potential and arrange a conversation to discuss the property and the next steps for evaluating a project.
In Short
The Pedregal land parcel is offered for sale at USD 2,939,000. The structured area is 6,559.94 m², the stated road frontage is 50 m, and the identified zoning is 1-ZM2. The property is presented for a commercial plaza or business.
Before You Decide
- The parcel offers 50 m of frontage on a main road, Avenida José A. Arango.
- The property is presented for commercial use, with zoning identified as 1-ZM2.
- The structured area and narrative area differ, and the stated per-square-metre rate differs from the calculated rate.
Highlights
- 6,559.94 m² land parcel
- 50 m of frontage on Avenida José A. Arango
- Located on a main road in Pedregal
- Zoning identified as 1-ZM2
- Presented for a commercial plaza or business
- Near a commercial area
- Offered at USD 2,939,000
At a Glance
- Status
- Available for sale
- Asking price
- USD 2,939,000
- Calculated price per m²
- USD 448.02/m², calculated from asking price and 6,559.94 m²
- Land area
- 6,559.94 m²
- Road frontage
- 50 m
- Zoning
- 1-ZM2
- Property type
- Land
- Neighborhood
- Pedregal
- District and province
- Panamá, Panamá
- Listing reference
- CNV-PROP-046689 (source reference AVM_14867)
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 5 July 2024
- Last updated
- 6 July 2024
Gallery
6 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
- 6,560 m² · 70,611 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,939,000
- Price per m²
- $448 / m²
- Cash to close (est.)
- $881,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $881,700
- Loan amount
- $2,057,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$12,667
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
- The structured parcel area is 6,559.94 m².
- The stated road frontage is 50 m.
- The asking price is USD 2,939,000.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$448 / m²
Pedregal average$202 / m²
Panama average$4,306 / m²
Asking 122% above the Pedregal average — worth understanding what justifies it before you offer.
Investment Case
This 6,559.94 m² Pedregal parcel is offered for USD 2,939,000 and has 50 m of frontage on Avenida José A. Arango. Its stated 1-ZM2 zoning and commercial-plaza or business potential may interest buyers assessing a commercial project. Confirm permitted uses and development parameters before proceeding.
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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 parcel's 50 m frontage on Avenida José A. Arango and its stated commercial-plaza or business potential may be relevant to development-focused buyers. Confirm permitted uses and development parameters.
Price History
- Listed · July 2024$2,939,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Pedregal
Pedregal, Panamá
Land for sale in Pedregal, Panama
Pedregal, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
Pedregal, 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 the Pedregal land?
The asking price is USD 2,939,000.
How much frontage does the property have?
The parcel has 50 m of frontage on Avenida José A. Arango.
What zoning is identified for the parcel?
The zoning is identified as 1-ZM2.
What type of project is the property presented for?
The parcel is presented as suitable for a commercial plaza or business.
What zoning is identified?
The zoning is identified as 1-ZM2.
What project use is the property presented for?
The property is presented for a commercial plaza or business.
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Interested in 6,559.94 m² Land Parcel in Pedregal?
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