Building Plot in Mito City, Ibaraki

This is a vacant land parcel located in the Akatsuka area of Mito City, Ibaraki Prefecture. The site has a land area of 310.26 square meters, which equates to approximately 93.85 tsubo. The property is situated just a 4-minute walk from Akatsuka Station on the JR Joban Line, offering convenient access to public transport. The land is classified as a residential lot within an urbanization promotion area, with a building coverage ratio of 80% and a floor area ratio of 300%. The zoning designation is a neighborhood commercial district. There are no building conditions attached to the sale. The property is currently vacant land ready for construction. The lot faces a public road to the southwest and a designated private road to the east. There is a specified road on the east side with an area of 282.2 square meters, for which the seller holds a one-fifth share. The transaction will be handled as an exclusive mediation agreement. The property is owned with full title rights.