Land for Sale in Saitama City with Development Potential

This 396.00 sqm (approximately 119.79 tsubo) plot of land is available for purchase in the Iizuka area of Iwatsuki Ward, Saitama City, Saitama Prefecture. The property is a vacant lot (更地) with utilities including propane gas, a septic system, side gutters, and electricity already connected. Access is via a 10-meter frontage on a paved public road, Prefectural Route 48 (Iwatsuki-Koshigaya Line), which is 8 meters wide and located to the south of the property. A setback is required.

This is a land sale with a building condition attached, stipulating a minimum total building floor area of 50 tsubo (approximately 165 sqm). The land is zoned as an Urbanization Control Area but is classified as an 'old existing residential lot' (旧既存宅地) under the City Planning Law, predating 1970. This classification allows for redevelopment. Specifically, the lot is connected to a series of 50 dwellings extending from an Urbanization Area, making it possible to build a dedicated residence. It is also eligible for housing loans.

The property is suitable for a variety of uses, including residential, commercial (shop, office), automotive repair, general freight transport, or parking lot operations. Construction can be wood-frame, light-gauge steel, or H-beam steel. The maximum building height is 10 meters (subject to consultation), and structures of up to three stories are permissible. The lot coverage ratio is 60% and the floor area ratio is 200%. The seller's agent notes that development, construction, and usage permits are available to any buyer, and financing through government housing loan corporations, pensions, and banks is available exclusively through their company. The projected completion date for any construction is February 2026.

The location offers public transport access, with Iwatsuki Station on the Tobu Noda Line approximately a 13-minute bus ride plus a 5-minute walk from the Kamiizuka bus stop.