Commercial land on Avenida José Agustín Arango Juan Díaz
A flat commercial parcel with approximately 90 metres of avenue frontage
Juan Díaz, Panamá
Active
$5,723,730
USD$11,934 / m²
- 479.6 m²Lot area
- FlatTopography
Overview
Position a major development on Avenida José Agustín Arango with this 479.6 m² commercial parcel. Its defining advantage is approximately 90 linear metres of frontage on one of Panama City’s high-traffic, commercially active avenues, creating a substantial street presence for a project designed to serve the surrounding market. The land is completely flat and is presented as ready for development. At an asking price of $5,723,730, it offers a site for investors and developers considering a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact concept. The property’s frontage and stated development potential make it a distinct opportunity along this established commercial corridor. The surrounding area includes commercial plazas, supermarkets, banks, and a wide range of businesses. That mix of everyday services and retail activity supports a practical, connected setting for a commercial or mixed-use project. Explore the possibilities for this Avenida José Agustín Arango property and arrange a conversation about your development plans.
In Short
This 479.6 m² commercial parcel on Avenida José Agustín Arango is offered for $5,723,730. It has approximately 90 metres of frontage, flat terrain, and is presented as suitable for high-density residential, commercial plaza, or mixed-use development.
Before You Decide
- The approximately 90 m of frontage provides a substantial presence on Avenida José Agustín Arango.
- Flat terrain is a stated site characteristic.
- Confirm formal zoning, permitted density, utilities, and access conditions when evaluating a development concept.
Highlights
- 479.6 m² commercial parcel
- Approximately 90 linear metres of frontage on Avenida José Agustín Arango
- Completely flat terrain
- Presented as ready for development
- High-traffic avenue with strong commercial activity
- Near commercial plazas, supermarkets, banks, and other businesses
- Potential concepts include high-density residential, retail plaza, and mixed-use development
- Asking price: $5,723,730 USD
At a Glance
- Status
- Available
- Asking price
- $5,723,730 USD
- Price per m²
- $11,934.38/m²
- Land area
- 479.6 m²
- Road frontage
- Approximately 90 m
- Topography
- Flat
- Property type
- Commercial land
- Neighborhood
- Juan Díaz
- City
- Panama City
- Listing ID
- CNV-PROP-087239
Key Facts
- Category
- Land
- Unit type
- Land Lot
- Listed
- 8 October 2026
- Last updated
- 13 October 2026
Gallery
10 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
- 480 m² · 5,162 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $5,723,730
- Price per m²
- $11,934 / m²
- Cash to close (est.)
- $1,717,119at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,717,119
- Loan amount
- $4,006,611
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$24,669
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 asking price equates to approximately $11,934.38 per m², calculated from $5,723,730 divided by 479.6 m².
- The parcel is marketed with approximately 90 linear metres of frontage on a high-traffic commercial avenue.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$11,934 / m²
Juan Díaz average$5,007 / m²
Panama average$4,306 / m²
Asking 138% above the Juan Díaz average — worth understanding what justifies it before you offer.
Investment Case
This 479.6 m² commercial parcel is offered for $5,723,730 and has approximately 90 metres of frontage on Avenida José Agustín Arango.
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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 advertised development potential spans high-density residential, commercial plaza, and mixed-use concepts.
Price History
- Listed · October 2026$5,723,730
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Juan Díaz
Juan Díaz, Panamá
Commercial land for sale on José Agustín Arango Ave.
Juan Díaz, Panamá
Positions are schematic, spaced by travel distance.
Get directionsJuan Díaz on Casanova today
- Active sale listings
- 112
- Active rentals
- 0
- Median asking price per m²
- $1,936
Getting Around
Juan Díaz, 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 parcel?
The parcel measures 479.6 m².
How much road frontage does it have?
It has approximately 90 linear metres of frontage on Avenida José Agustín Arango.
What development uses are described for the property?
The property is presented as suitable for a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact project.
What is the asking price?
The asking price is $5,723,730 USD.
What types of development are considered for the site?
The property is presented as suitable for a high-density residential project, a commercial plaza, a mixed-use development, or another high-impact concept.
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Interested in Commercial land on Avenida José Agustín Arango?
Speak to our team — viewings in person or by video, usually within 48 hours.