Aerial view of elevated development land 4981m2 in La Loma Pedregal facing Nestlé headquarters ideal for residential or commercial project

Aerial view: Urban land parcel boundaries highlighted for development opportunity in Panama City

Residential street frontage with mature greenery and fencing at development site in La Loma Pedregal Panama City

Exterior: Main street access and mature landscaping bordering property

Expansive garden at development property with city skyline background in Pedregal Panama City

Exterior garden: Private garden area suitable as open space or redevelopment zone

Tree-lined sidewalk with residential entrance near Nestlé facing development property La Loma Pedregal Panama

Exterior street view: Urban neighborhood street bordering large redevelopment parcel

Lush mature landscape surrounds circular driveway at elevated Panama property in Urbanización La Loma

Exterior entrance: Existing driveway and landscaping potentially for reuse in project

Suburban single-family home with driveway and green garden on Panama development site

Single-family house exterior: Existing homes on-site which can be retained, renovated, or repurposed

Two-story Mediterranean home facade existing on development land Pedregal Panama

House exterior: Existing structure with potential use or demolition in redevelopment

Tropical style two-story house with red tile roof and grassy yard in Pedregal Panama

Residential exterior: Existing home surrounded by mature garden within property boundaries

Tree-lined residential area with concrete retaining wall near development property La Loma Panama City

Exterior: Retaining structures and vegetation lining property border

Tree-lined residential street near development land in La Loma Pedregal Panama with lush landscaping

Street view: Neighborhood access street ideal for development entry

Peach-colored two-story Mediterranean house with patio and garden on development lot La Loma Panama

House exterior: Existing building offering potential expansion or conversion

Land for Sale

Development Land for Residential or Commercial La Loma Panama

La Loma, Pedregal, Panama City

USD1,800,000

About this Land

Exceptional 4,980.9 m² flat and elevated development land in Urbanización La Loma Pedregal, strategically located facing the Nestlé headquarters. Current zoning 1R3 (low-density residential), with possibility for zoning changes for residential apartments, educational center, or business complex. The terrain offers panoramic city views, mature landscape and multiple street access, ideal for apartment complex, private school, university campus, or mixed-use project. Includes two existing single-family homes (approx. 500m2 built). Close to metro station, mall, airport and highways. Price: $1,800,000 reduced by 14%, only $361/m². Prime invest opportunity in growing Panama East corridor.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2LqSeXB.

Key Features

Prime corner position elevated terrain
Current zoning 1R3, changeable for mixed uses
Includes existing two residential houses (~500m2)
Ideal for apartment, school or business complex
Multiple street access points
Convenient location near highway, metro and airport
Established neighborhood/public utilities available
Reduced 14% - investment opportunity

Property Details

TypeLand

CategoryDevelopment

Lot Size4980.9 m²

FurnishedNo

Pets AllowedNo

Listing ID2LqSeXB

Urbanización La Loma Amenities

Public Utilities

Access to water, sewer, electricity, and internet connection

Multiple Access Roads

Entry points from main avenues facilitating logistics

Urban Zoning Flexibility

Changeable zoning codes through MIVIOT approval to suit residential, educational or business projects

Established Greenery

Mature trees and landscaping enhancing environment

Location & Nearby

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Neighborhood Highlights

Strategic location front of Nestlé offices
Elevated terrain with panoramic city views
Established residential neighborhood
Mix of commercial and residential properties nearby
Close to Corredor Norte highway and Tocumen Airport

Nearby Landmarks

Nestlé Headquarters (Directly in front)
24 de Diciembre Metro Station (1 km)
Corredor Norte Highway entrance (1 km)
Tocumen International Airport (8 km)
Mega Mall Panama (2.5 km)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 2LqSeXB. Last updated: 2025-11-07T23:59:00Z*