Prime Development Land in Nakano, Tokyo
This prime development land in Nakano Ward, Tokyo, presents a significant opportunity for investors or builders. The plot offers a generous land area of 114.56 square meters (approximately 34.65 tsubo), with a price set at 73.8 million yen. The property is conveniently located just a 5-minute walk from Saginomiya Station on the Seibu Shinjuku Line, providing excellent access to central Tokyo.
Critical agent notes provide essential details for development planning. The road access situation is detailed as follows: to the northeast, there is a 3.6-meter wide private road with a frontage of 10.4 meters, and the plot is designated as "位置指定無" (not position-designated). Furthermore, a special remark (備考1) states: "B21924-004281. Currently, a coin parking lot. The property will be delivered with equipment and other items removed." This clarifies the site's current use and the condition of handover.
The land is designated as Category I Exclusive Low-Rise Residential Zone within the urbanization promotion area, with a building-to-land ratio of 50% and a floor area ratio of 150%. The terrain is sloped, and the site is delivered as vacant land with no building conditions attached, making it a blank canvas for a new residential project. The transfer of ownership is negotiable.
The area of Nakano is a vibrant residential district known for its mix of traditional shopping streets and modern amenities. An interesting local fact is that Nakano is home to the famed Nakano Broadway, a multi-story complex that is a world-renowned hub for anime, manga, and collectible merchandise, attracting enthusiasts from across the globe. The closest major landmark is the expansive Shinjuku Gyoen National Garden, a stunning park featuring traditional Japanese, English, and French landscape gardens, located just a short train ride away.
