Prime Commercial Land Near Itoman Rotary in Okinawa
This vacant plot of land, located in Itoman City, Okinawa Prefecture, presents a significant opportunity for commercial or mixed-use development. The property is situated in a designated neighborhood commercial zone, offering a strategic location just a minute's walk from the Itoman Rotary bus stop. With a generous frontage of 25 meters, the land is exceptionally easy to access and park on, making it ideal for a variety of uses.
Special notes from the agent provide critical details. The land falls within the jurisdiction of the Erosion Control Three Laws and is located within a Cultural Property Preservation Area, indicating specific regulatory considerations for development. The existing container on the site can be discussed for removal. A unique local highlight is that the famous Itoman Otsunahiki (Great Tug-of-War) festival can be viewed directly from the property. The specific address references are Itoman City, aza Itoman 537-1 and 538.
The land spans approximately 209.15 square meters (about 63.3 tsubo) with a high building coverage ratio of 80% and a floor area ratio of 200%, allowing for substantial construction. The property is level, classified as residential land, and is free of any private road maintenance burdens. The transfer of the property is negotiable. This plot is well-suited for an office combined with a residence or other commercial ventures, taking full advantage of its prominent corner location and excellent visibility in a busy area.