Land Opportunity in Nago City, Okinawa
This listing presents a substantial land plot of 1437 square meters (approximately 434.69 tsubo) located in the Yabu district of Nago City, Okinawa. The property is situated near the Yabu Community Center and offers a prime opportunity for development, such as for apartment complexes or subdivided housing lots. The listed price is 78.25 million yen.
Critical agent notes provide essential details for potential buyers. The land is designated as residential land (宅地), but a portion is classified as rice paddy (田). Therefore, construction will require an application under Article 5 of the Agricultural Land Law. Approximately 229 tsubo of the total area is confirmed as residential land. The current condition of the site includes the cultivation of chrysanthemum seedlings using artificial lighting. On the residential land portion, there is an existing structure, which is currently vacant.
The property's equipment and conditions are noted as follows: it is a corner lot on flat land, with utilities for propane gas, tap water, and sewerage available. The land is not subject to any specific use district regulations, with a building-to-land ratio of 60% and a floor area ratio of 200%. Road frontage is available on the east side (5m wide) and southwest side (4m wide).
The listing agent, Connect Real Estate Inc., emphasizes their community-focused approach, aiming to create livable environments and propose effective asset utilization rooted in the Okinawan region. They strive to be a friendly real estate company that values personal connections and tailored proposals for their clients.
