Rio Abajo, Panama City · Establishment · ID #72718
Sale Price
$130,000
Total Area
550 m2
Property Details
Unit Number:S/N
Year Built:1111
Total Area:550 m2
Built Area:550 m2
Description
Commercial/Industrial Urban Lot of 550 m² in Río Abajo. Ideal for Logistics Development or Warehousing. An opportunity for investors and developers seeking a strategic asset in a central urban area of Panama City. Located adjacent to Calle 14, Río Abajo, this land offers immediate connectivity to main thoroughfares such as Vía España and Vía José Agustín Arango. Main Features: Area: 550 m². Topography: 100% Flat and rectangular. Zoning/Classification: 1PM / 1ZM3 (Industrial/Commercial Use according to appraisal report). Access: Vehicular access via legalized easement. Public Services: Access to water supply, storm/sanitary sewer, electricity, and street lighting. Legal Status: Property free of encumbrances, ready for transfer. Strategic Benefits: Opportunity Price: Sale price adjusted to $130,000 ($236.36/m²), below the appraised quick sale value ($131,175) and the market value ($145,750). Versatility of Use: Surrounded by industrial and commercial activity, ideal for developing small warehouses, a workshop, a collection center, or urban operational storage. Central Location: Just minutes from Vía España and the main road network of Río Abajo, optimizing transportation logistics.
Show Map
