Description
A true below-market investment opportunity in one of David’s most established and high-demand commercial and residential areas! An exclusive 7,190 sq ft (668 m²) corner lot is for sale, located on Avenida 7ma Oeste, Doleguita, just 4 blocks from the Inter-American Highway.
This property represents an immediate equity opportunity, priced at a $35,000 clearance discount below its recent professional appraisal’s quick-sale value.
Zoning and Land Use (C2 / RM1)
The property features flexible dual zoning — C2 (Urban Commercial) and RM1 (High-Density Mixed Residential) — allowing for a wide range of development concepts:
- Mixed-Use Development: Design a multi-story building featuring ground-floor retail units for lease, with executive offices or residential apartments on upper levels.
- Commercial Plaza or Strip Mall: Ideal for retail stores, service outlets, or food & beverage concepts.
- Office Complex or Medical Suites.
- Multi-Family Apartment Building.
Strategic Location and Accessibility
Situated in the heart of Doleguita, a high-traffic sector offering rapid connectivity to David’s main commercial arteries:
Key Features and Distances:
- Corner Position: Double street frontage on Avenida 7ma Oeste, maximizing commercial exposure, natural lighting, and access/parking solutions.
- Just 4 blocks from the Inter-American Highway.
- Immediate proximity to banks, supermarkets, pharmacies, schools, and medical centers.
Capitalize on Immediate Equity in Downtown David!
Take advantage of this built-in equity margin and develop a high-yield commercial or residential project on a prime corner lot.
Contact us today to request appraisal details, verify zoning documentation, or schedule an on-site visit.
Follow us on our social media!
Instagram 😉 @prestigepanamarealty
Facebook 🏡 Prestige Panama Realty
Text me on WhatsApp 📲 Wee-Yiong Fung /Real Estate Agent
