Spacious Land Parcel in Nago's Tranquil Ohkita Neighborhood
This substantial land parcel, located in the quiet residential area of Ohkita 4-chome in Nago City, Okinawa, presents a prime development opportunity. The property spans a generous 1,439 square meters (approximately 435.29 tsubo), offering ample space for an apartment building or other residential project. The land is situated within a designated Category I Low-Rise Residential Exclusive Zone, ensuring a peaceful neighborhood environment. The site is bordered by a 4-meter wide road to the west, providing good access.
According to the agent's notes, the property is listed at a revised price of 56,550,000 JPY, reflecting a significant reduction from the previous asking price of 78,300,000 JPY. The land is classified as '原野' (wilderness/field) and has a building coverage ratio of 50% and a floor area ratio of 100%. The transaction method is exclusive agency, and the land rights are ownership with no private road burden. The handover date is negotiable. The property is noted as being a vacant lot at the end of the street. The location is within walking distance, approximately 6 minutes on foot, to Ohkita Elementary School.