Prime Commercial Land for Apartment Development in Okinawa City
This 698.5 m² (approximately 211.3 tsubo) plot of land, located in the desirable Misato 1-chome area of Okinawa City, presents an excellent opportunity for apartment building development. The property is situated within a designated commercial zone, offering high building potential with a floor area ratio (FAR) of 400% and a building coverage ratio (BCR) of 80%.
The land is classified as residential land (宅地) and benefits from a corner location on a flat, elevated plot, making it fully cleared and ready for construction. Essential utilities, including both water supply and sewer systems, are already connected to the site. The property fronts a 3.5-meter-wide road to the north, with no private road maintenance obligations for the owner. The land rights are full ownership, and the transaction will be handled via an agency agreement.
The area of Misato in Okinawa City is a well-established residential and commercial district, known for its community atmosphere and convenient access to urban amenities. An interesting historical fact about Okinawa City is that it was formed in 1974 through the merger of the cities of Koza and Misato, creating the second-largest city on Okinawa Island. The property is within reasonable proximity to major attractions such as the Okinawa Zoo & Museum, a popular family destination combining wildlife exhibits with cultural displays.
