Land for Sale in Urasoe, Okinawa: A Prime Development Opportunity
This 404 square meter (approximately 122.2 tsubo) plot of land is located in the Sawaji district of Urasoe City, Okinawa. The land is designated for residential and apartment building use, offering a prime development opportunity with the potential for use and profit generation expected to begin within the current fiscal year (Reiwa 8). The property is part of the Urasoe Minami Daini Land Readjustment Project, administered by Urasoe City, with an official project approval period from Heisei 8 to Reiwa 12. The project approval was announced on January 10, Heisei 9.
The land is subdivided into two zoning areas: Roadside Low-Rise Residential Area (Area 2) and Roadside Mid-to-High-Rise Area (Area 4). In Area 2, designated as a Category 2 Low-Rise Exclusive Residential Zone, the building-to-land ratio is 50%, the floor area ratio is 150%, and there is a height restriction of 12.0 meters. In Area 4, designated as a Category 1 Mid-to-High-Rise Exclusive Residential Zone, the building-to-land ratio is 60% with a floor area ratio of 150%. Permitted building uses include detached houses, apartment buildings, combined-use dwellings (below a certain scale), nursing homes, welfare facilities, daycare centers, clinics, kindergartens, schools from elementary to high school, and libraries. Uses that are not permitted include shrines, temples, churches, public bathhouses, and livestock barns.
Specific details include the address: Urasoe City, Aza Sawaji, Nagatabaru 1110-4 and 1110-7 (previous lot numbers). The land classification is residential land (1110-4) and miscellaneous land (1110-7). The fixed asset tax for Reiwa 7 is 133,096 yen. The property is conveniently located within a 6-minute walk to Sawaji Elementary School and offers excellent access to daily amenities. Nearby facilities include a Seven-Eleven convenience store (41m, 1-minute walk), El Kids Urasoe Nursery (160m, 2-minute walk), Lawson Urasoe Ohira store (200m, 3-minute walk), Urasoe City Hall (950m, 3-minute drive), San-A Kyozuka City shopping center (1.1km, 3-minute drive), and more.
The area of Urasoe is rich in history, once serving as the seat of the Ryukyu Kingdom's government before it moved to Shuri. A major nearby landmark is the Okinawa Prefectural Peace Memorial Museum, a profound site dedicated to remembering the Battle of Okinawa and promoting peace, located a short drive away in Itoman City.
