Investment Opportunity: Military Land Parcel in Okinawa City
This listing presents a 220 m² (approximately 66.55 tsubo) plot of land designated as 'miscellaneous land' (雑種地) located within the Kadena Air Base area in Yamaguchi, Okinawa City. The property is classified as military-use land (軍用地). The key financial feature is an annual lease fee (借地料) of 379,590 yen, with a multiplier (倍率) of 50, indicating a significant potential for asset utilization and investment returns.
The land is offered for sale at a price of 18,980,000 yen. The transaction method is through an agent (仲介). The land rights are ownership (所有権). There are no specific notes on equipment or conditions, and the remarks (備考) field is blank. The handover date is negotiable (相談). The property is situated in Okinawa City's Yamaguchi district, a location closely associated with the presence of the U.S. Kadena Air Base.
The surrounding area of central Okinawa offers a unique blend of local culture and modern conveniences. An interesting historical fact is that the Kadena Air Base, adjacent to this area, was originally constructed by the Imperial Japanese Navy in 1944 and was subsequently taken over by U.S. forces, becoming one of the most strategically important air facilities in the Asia-Pacific region. For leisure and tourism, one of the closest major attractions is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni, Okinawa Zoo), a family-friendly destination featuring diverse animal exhibits and botanical gardens, located just a short drive away.