Prime Development Land in Iyo City, Ehime Prefecture
This 166.29 square meter plot of land, designated as Lot 8 in the 14-lot Iyo City Shimogawa subdivision, presents a prime opportunity for residential development. Priced at 8.4 million yen, the land is conveniently located just a 9-minute walk from Shinkawa Station on the Iyo Railway Gunchu Line, offering excellent access to regional transport. The property is situated near National Route 56, ensuring easy vehicular access. Local amenities such as Lawson Matsumae Minami Kuroda store and Cosmos Drugstore Matsumae branch are approximately 900 meters away, while Jizocho Park is within a 500-meter radius, providing a nearby green space.
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The land is currently undeveloped, with a building-to-land ratio of 60% and a floor area ratio of 200%, allowing for flexible construction plans. The eastern frontage benefits from a 4-meter wide road, and there is no private road burden. The area is zoned for industrial use, which may permit a mix of residential and light commercial development, subject to local regulations. The agent, SUMiTAS Matsuyama Minami Branch of Art Real Estate Co., Ltd., highlights the property's potential and their ability to introduce a wide range of properties across Matsuyama based on client needs.
The surrounding Iyo City area in Ehime Prefecture is known for its citrus production, particularly mikan (mandarin oranges), and offers a blend of coastal and rural living. A notable nearby landmark is the historic Matsuyama Castle, one of Japan's few original castles, located approximately 20 kilometers away in the prefectural capital, providing a significant cultural and tourist attraction.
