Investment Land Parcel Adjacent to Kadena Air Base in Okinawa
This listing presents a 1,078 m² plot of land designated as farmland, located in Yamauchi, Okinawa City. The property is part of a larger two-parcel subdivision and is offered for sale at a price of 89.28 million yen. A key feature of this land is its status as military-use property (軍用地) leased to Kadena Air Field, offering a unique and stable investment opportunity.
Critical agent notes have been translated to provide essential details. The price remarks specify additional costs to consider: ① earnest money (contract application deposit), ② judicial scrivener fees, and ③ brokerage commission. The agent encourages consultation for financing plan creation and pre-screening. Further remarks highlight the recommended points for military land investment: ① The tenant is the "country" (Japan/U.S. alliance), implying supreme creditworthiness. ② Zero vacancy risk. ③ No management or repairs required whatsoever. ④ Super simple and easy-to-understand revenue stream. ⑤ Strong for inheritance planning. ⑥ Easy to sell when desired (in Okinawa). ⑦ Has inflation resistance. The notes specifically state that Kadena Base is treated as a high-transaction, popular, and highly valued area among Okinawa's military properties.
The area of Okinawa City offers a blend of local culture and modern conveniences. An interesting historical fact is that the nearby Kadena Air Base, established after World War II, is one of the largest and most strategically important U.S. Air Force bases in the Asia-Pacific region. For visitors and residents alike, a major nearby attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination with animal exhibits, a museum, and expansive parklands.