Prime Development Land in Nago, Okinawa
This expansive land parcel, spanning 2,899.17 square meters (approximately 877 tsubo), presents a significant development opportunity in the city of Nago, Okinawa. The property is designated as residential land and is situated in a prime location with excellent access to public transportation, being just a 4-minute walk from the Kenritsu Hokubu Byouin-mae bus stop.
Critical property details from the agent notes include the following facilities and conditions. Equipment/Facilities: The land is serviced by both a public water supply and a sewer system. Special Notes/Remarks on Road Access: The property fronts a public road to the south, with a width of 45 meters, and is accessed from one side only.
The land is classified as residential land within a Category I Low-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The terrain has a gentle slope, and the site is currently vacant land, ready for construction. The optimal use for a plot of this size and zoning is considered to be for apartment/condominium development. The land rights are full ownership, and the handover timing is negotiable.
The area of Nago offers a blend of natural beauty and urban convenience on Okinawa's main island. An interesting fact is that Nago is home to the famous Orion Happy Park, the brewery tour facility for Okinawa's beloved Orion Beer. The closest major landmark is the stunning Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums, located approximately a 30-minute drive away in the Ocean Expo Park.
