Located in Takata-cho Morinomae, Rikuzentakata City, Iwate Prefecture, this vacant land property offers an excellent opportunity for development. The 522-square-meter plot is situated in a prime location within a land readjustment project area and is currently designated as temporary replotting (KB45 Block, Plot 5).
The property is zoned as a Category 1 Residential Area with a building coverage ratio of 60% and a floor area ratio of 200%, making it suitable for residential development. The land is currently vacant and ready for construction.
Situated in the mild climate of southeastern Iwate, Rikuzentakata City has been undergoing significant redevelopment since the 2011 tsunami, including the construction of seawalls and elevation of land. The area has seen an influx of new residents and entrepreneurs, creating a supportive community atmosphere for those seeking a fresh start.
