Panama City
08/24/2026
Panama City | FOR RENT OR SALE: 5,898 SQM LAND + 1,750 SQM WAREHOUSE | JUAN DÍAZ
$2,900,000
- Price
- $2,900,000
- Lot Size in m²
- 5898
Location
Panama City
Published
24/08/2026
Price/m² of construction
$491.69
Price/m² of land
$491.69
Construction M²
5898
Title
Titled Property
Details
Excellent investment opportunity strategically located directly on José Agustín Arango Avenue in Juan Díaz, combining a large land parcel with an existing warehouse that allows investors to utilize and potentially generate income from the property while planning its future redevelopment.
Asking Price: US$2,900,000
Rent Price:US$10,000
Appraised Market Value: US$3,550,000
An attractive acquisition opportunity US$650,000 below appraised market value.
The property comprises 5,898 sqm of completely flat land and approximately 1,750 sqm of existing warehouse space, including a 1,033 sqm main warehouse and a 715.54 sqm annex.
The asset also features extensive paved areas, covered parking, perimeter fencing and direct access from José Agustín Arango Avenue.
DUAL INVESTMENT POTENTIAL
One of the property’s key advantages is the opportunity to implement a two-stage investment strategy:
Immediate income potential: maintain the existing warehouse in operation or lease it to generate rental income while planning the property’s future development.
Redevelopment potential: simultaneously evaluate and pursue the future development of the site under RM3-C2, , with potential for multifamily residential, commercial or mixed-use development in accordance with applicable planning regulations.
Property Highlights:
• 5,898 sqm land parcel
• Approx. 1,750 sqm warehouse + annex
• Asking price: US$2,900,000
• Appraised market value: US$3,550,000
• US$650,000 below appraised value
• Completely flat site
• Direct access and exposure on José Agustín Arango Avenue
• Extensive paved areas and covered parking
• Approx. 1 km from Domingo Díaz Avenue
• Approx. 1.6 km from Pedregal–Las Acacias Metro Station
• Approx. 3.8 km from Corredor Sur
• Approx. 7.6 km from Tocumen International Airport
A particularly attractive opportunity for investors and developers seeking strategic land without carrying a non-income-producing asset throughout the planning period, thanks to the possibility of leasing the existing warehouse while structuring the site’s future redevelopment.
Asking Price: US$2,900,000
Rent Price:US$10,000
Appraised Market Value: US$3,550,000
An attractive acquisition opportunity US$650,000 below appraised market value.
The property comprises 5,898 sqm of completely flat land and approximately 1,750 sqm of existing warehouse space, including a 1,033 sqm main warehouse and a 715.54 sqm annex.
The asset also features extensive paved areas, covered parking, perimeter fencing and direct access from José Agustín Arango Avenue.
DUAL INVESTMENT POTENTIAL
One of the property’s key advantages is the opportunity to implement a two-stage investment strategy:
Immediate income potential: maintain the existing warehouse in operation or lease it to generate rental income while planning the property’s future development.
Redevelopment potential: simultaneously evaluate and pursue the future development of the site under RM3-C2, , with potential for multifamily residential, commercial or mixed-use development in accordance with applicable planning regulations.
Property Highlights:
• 5,898 sqm land parcel
• Approx. 1,750 sqm warehouse + annex
• Asking price: US$2,900,000
• Appraised market value: US$3,550,000
• US$650,000 below appraised value
• Completely flat site
• Direct access and exposure on José Agustín Arango Avenue
• Extensive paved areas and covered parking
• Approx. 1 km from Domingo Díaz Avenue
• Approx. 1.6 km from Pedregal–Las Acacias Metro Station
• Approx. 3.8 km from Corredor Sur
• Approx. 7.6 km from Tocumen International Airport
A particularly attractive opportunity for investors and developers seeking strategic land without carrying a non-income-producing asset throughout the planning period, thanks to the possibility of leasing the existing warehouse while structuring the site’s future redevelopment.
