Land for Sale in Okinawa City with US Military Base Lease Income
This 287 square meter plot of land is located in the Daiku Mawari area of Okinawa City, Okinawa Prefecture. The property is designated as "military land" (軍用地) and is part of the Kadena Ammunition Storage Area, with an existing lease generating annual rental income of 383,208 yen. The lease is set for renewal on February 28, 2026. The asking price for this investment land is 17.4 million yen.
According to the agent's special notes, which contain critical financial details: The fixed asset tax equivalent amount for Reiwa 7 (2025) is 35,197 yen. The land value appreciation rate is approximately 1.16%.
The land is classified as "miscellaneous land use" (雑種地) and is being sold via an exclusive intermediary agreement. The property listing was updated on February 28, 2026, and will be publicly available until March 13, 2026.
The Daiku Mawari district in Okinawa City offers a unique investment opportunity within the context of Okinawa's distinctive real estate landscape. The area is in close proximity to major US military installations, which shape the local economy and property market. A notable nearby landmark is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a popular family destination combining animal exhibits, a museum, and expansive parklands, located just a short drive away.