5,895 m² | Circunvalación Avenue (Av. Roberto Ramírez de Diego)

Commercial land for sale located in one of the most economically active areas of Chitré, directly across from Novey, on the Circunvalación Avenue, one of the city's main thoroughfares. This location offers direct exposure, high traffic flow, and immediate access to various key points in the area.

Surrounded by established businesses and traffic generators, the land is situated within a dynamic and growing environment, ideal for projects focused on consumer goods, services, or customer service.

Strategic Location and Surroundings:

- Across from Novey (high-traffic anchor store)
- A few meters from Businesses like: El Campeón supermarket, Kotowa Coffee, Little Caesars, Auto Centro Spiegel, Plastimex, Hopsa and more.
- Close to restaurants and service businesses
- On a main road with high traffic flow
- Direct access to different sectors of Chitré

The flow of traffic in this area is constant throughout the day, comprised of residents, customers in transit, and active commercial activity, which favors businesses that depend on visibility and accessibility.

Site Characteristics:

- Total Area: 5,895.20 m²
- Approximate Frontage: 100 meters along the main road
- Topography: Semi-flat with a slight slope
- Shape: Irregular

The wide frontage allows for multiple access points and superior commercial exposure, which is key for large-scale developments.

Zoning and Use:

- Zoning: C2 (Urban Commercial)

Permits development of:

- Shopping centers
- Supermarkets or retail stores
- Clinics or medical centers
- Franchises
- Mixed-use projects

Investment Value:

- Location in an active commercial corridor
- Presence of nearby anchor stores
- High visibility from the main road
- Sufficient area for medium or large projects
- Easy access for customers and suppliers

Price and Value per m²:

- Sale Price: $1,395,000
- Price per m²: Approximately $236/m²

A competitive value considering its location, frontage on a main road, and established commercial environment.

Market Considerations:

- Commercial lots of this size, with direct frontage on one of Chitré's main roads and in areas with established economic activity, have limited availability, which increases their attractiveness for immediate development or medium-term investment.

Ideal buyer profile:

- Commercial developers
- Real estate investors
- Expanding companies or franchises
- Projects requiring high visibility and consistent traffic