Located in Takata-cho Nakagawara, Rikuzentakata City, Iwate Prefecture, this vacant land property presents an excellent opportunity for development. The 204-square-meter plot is situated in a Type 1 residential zone, offering a building coverage ratio of 60% and a floor area ratio of 200%. The property is currently undergoing land readjustment project and has been designated as a temporary replotting area (KB42 Block, Plot 8).

Rikuzentakata City enjoys a relatively mild climate throughout the year thanks to its oceanfront location in southeastern Iwate. The area has seen significant redevelopment since the 2011 tsunami, including seawall construction, land elevation projects, and the relocation of city facilities. The nearby Miracle Pine memorial and the recently opened Takata-Matsubara Road Station have become popular attractions, contributing to the area's revival.

The property is accessible via the JR Ofunato Line's Rikuzentakata Station (BRT), making it convenient for daily commuting. This area has attracted numerous new residents and entrepreneurs, creating a supportive community atmosphere that welcomes fresh perspectives and innovative ventures.