Land for Sale in Kagamizu, Naha City: A Strategic Military-Use Property Investment
This listing presents a unique land investment opportunity within Naha City, Okinawa. The property is designated as military-use land, specifically part of the Naha Port Facilities area. The total land size is 139.8 square meters (approximately 42.28 tsubo). The listed price is 28,000,000 JPY. The land is classified as "zasshuchi" (miscellaneous land) and falls under the City Planning Act's "shigaika chousei kuiki" (urbanization control area) with no designated use district.
Critical agent notes provide essential financial and legal details. There was a price revision on February 25, 2026. The ownership area is 139.80㎡, which is a share (持分) of 421/2409 of a larger 803㎡ plot. The annual leasehold fee (借地料) is 620,256 yen. The multiplier (倍率) is approximately 45. The fixed asset tax for Reiwa 7 (2025) is 53,635 yen. It is noted that a land subdivision registration (分筆登記) has not been completed. The agent encourages contact via their LINE official account (@htl5823k) for immediate replies and provides a dedicated phone line for inquiries from other real estate companies: 098-874-1400.
The property is located in the Kagamizu district of Naha City. Access is convenient, with the "Free Zone Mae" bus stop approximately a 3-minute walk away. The transaction type is "sennin baikai" (exclusive intermediary).