Investment Opportunity: 500m² Military Land Parcel in Kadena, Okinawa
This listing presents a unique investment opportunity: a 500 square meter (approximately 151.25 tsubo) parcel of military land located in the Kade district of Kadena Town, Okinawa. The land is part of the Kadena Ammunition Depot area and is offered for sale at a price of 6,017,000 JPY. As a military land transaction, this property is classified as an income-generating investment asset with a notable multiplier of 44 times the annual lease fee.
Critical details from the agent's notes have been translated and are as follows: This is a military land sale property in Kade, Kadena Town. The annual lease fee for this Okinawa military land [Kadena Ammunition Depot 500㎡] is 136,770 yen, with a multiplier of 44. The annual lease fee and fixed asset tax will be prorated and settled at the time of transaction completion. There are no scheduled return plans for this land. Interested parties are encouraged to inquire.
The property is sold via intermediary, and the transaction costs include a registration fee borne by the buyer (to be confirmed), a fixed asset tax of 10,231 yen, a stamp duty of 5,000 yen, and an intermediary commission of 155,000 yen. The land is designated as forest land under the city planning act, with no specified land use zone. Possession is available immediately upon sale.
The surrounding area of Kadena is deeply connected to Okinawa's modern history and is home to the Kadena Air Base, one of the largest and most strategically important US military facilities in the Asia-Pacific region. A major nearby tourist attraction is the Okinawa Churaumi Aquarium, located approximately an hour's drive north in Motobu. This world-class aquarium is famous for its massive Kuroshio Tank and whale shark exhibits, drawing visitors from across the globe.