Prime Development Land in Tokyo's Nakano Ward
This 140.41 sqm (approximately 42.47 tsubo) plot of land is located in the sought-after Yamato-cho 2-chome area of Nakano Ward, Tokyo. The property is designated as residential land within a city planning area and falls under the First Category Low-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 150%. The land is flat in topography.
Critical agent notes specify the following conditions: Rebuilding is not permitted. Topography: Flat. Rebuilding is not allowed. However, rebuilding may be possible if permission is obtained under Article 43, Paragraph 2, Item 2 of the Building Standards Act. The site currently has an old house, and the optimal use is for redevelopment, subject to the noted conditions. The land shape is regular, and the property rights are ownership. The handover timing is negotiable.
The location offers excellent access, being a 10-minute walk from Noga Station on the Seibu Shinjuku Line. The area of Nakano is a vibrant residential district known for its blend of traditional shopping streets and modern amenities. An interesting local fact is that Nakano is home to the famous Nakano Broadway, a multi-story complex renowned as a paradise for anime, manga, and collectible enthusiasts. The closest major tourist attraction is the historic Meiji Jingu Shrine, a vast forested Shinto shrine dedicated to Emperor Meiji and Empress Shoken, located a short train ride away.
