Located in Takata-cho Nakagawara, Rikuzentakata City, Iwate Prefecture, this property presents an excellent land development opportunity. The 805-square-meter plot is situated in a Category 1 residential zone with favorable building conditions, including a 60% building coverage ratio and 200% floor area ratio.

The property is currently undergoing land readjustment projects and is designated as a temporary replotting area (KB42 Block, Plot 2). The site is vacant and ready for development, making it ideal for those looking to build in this recovering coastal city.

Situated near the BRT Rikuzentakata Station on the JR Ofunato Line, the property offers good transportation access. The area is known for its relatively mild climate throughout the year and has seen significant redevelopment since the 2011 tsunami, including new seawalls, elevated land areas, and the relocation of city facilities. The nearby Miracle Pine and Takata-Matsubara Road Station have become symbols of the city's recovery and renewal.