Spacious 227 Tsubo Land Plot in Naha's Yorigumi 3-Chome
This substantial land parcel, located in Naha City's Yorigumi 3-chome, offers a prime development opportunity with a total area of 751.35 square meters (227.28 tsubo). The property is listed for sale at a price of 140,000,000 JPY, with a price per tsubo of 616,000 JPY. The land is designated as residential land (宅地) with full ownership rights. The current status of the land includes existing structures, and it falls within an urbanization promotion area. The designated land use is primarily First Category Medium-to-High-Rise Residential Zone, with a portion zoned as Neighborhood Commercial District. The building coverage ratio is 60% and the floor area ratio is 200%.
The existing building on the property was constructed in May 1983 (Showa 58). It is a three-story reinforced concrete block (RCB) structure with a concrete roof. The current owner is residing in the property, and viewings require a prior appointment. The property fronts an 8-meter wide road on its east side. The location is highly convenient, with Shinwashi Elementary School approximately a 4-minute walk away and Yorigumi Junior High School about a 12-minute walk. The property can currently accommodate parking for approximately six vehicles. Utilities include both water supply and sewer systems. The fixed asset tax for the 2025 fiscal year (Reiwa 7) is 380,600 JPY. Costs for ownership transfer and land surveying are to be split equally between the seller and the buyer. The property will be handed over in its current condition. The nearest bus stop, Shinwashi Shisho-mae, is about a 4-minute walk away. The listing agent encourages interested parties to freely inquire, especially regarding preferred dates for a free viewing.
The area is well-connected, situated within a 14-minute walk from the Okinawa Urban Monorail's Asato Station. This provides easy access to the rest of Naha City. An interesting local fact is that the nearby Asato district is known for its vibrant mix of residential calm and commercial activity, being close to the bustling Kokusai-dori (International Street). The closest major landmark is the historic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located a short monorail ride away from Asato Station.