Spacious Residential Development Land in Okinawa City's Misato District

This vacant land parcel in Okinawa City's Misato 3-chome offers a significant development opportunity with a total area of 616 square meters (approximately 186.34 tsubo). The asking price is 44.8 million yen, translating to a per-tsubo price of approximately 240,000 yen. The land is currently classified as a field (畑) and is in a vacant state (更地). A critical legal note is that the land requires Article 5 permission for agricultural land conversion (農地転用5条許可要す).

The property fronts a 5-meter-wide road to the north with a frontage of approximately 2.4 meters. Essential utilities, including water supply and sewerage, can be connected from the front road. The annual fixed asset tax for the land is 177,721 yen. The property is conveniently located within the school districts of Misato Elementary School, about a 5-minute walk away, and Misato Junior High School, approximately a 20-minute walk.

Regarding transaction details, the costs associated with the transfer of ownership are to be split equally between the seller and the buyer. The seller will bear the cost of the final survey (確定測量). The listing is handled exclusively by Oroku Shokai Co., Ltd.

The area of Misato in Okinawa City is a well-established residential community with a blend of local life and accessibility. An interesting historical fact is that the broader Okinawa City area was significantly developed post-war around the large U.S. Kadena Air Base, creating a unique cultural fusion. The property is situated within a reasonable distance from major Okinawan attractions, most notably the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination combining animal exhibits, a museum, and expansive parklands.